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May 29, 2024

Saudi Arabia, Austria Ink MoU to Reinforce Economic Cooperation

Federal Minister of Labor and Economy of Austria Martin Kocher signed a memorandum of understanding (MoU) in Vienna, on Tuesday, with Saudi Minister of Economy and Planning Faisal Alibrahim, to boost economic cooperation between the two countries.

Th…

European Stock Indices Close Lower

European stock indices closed lower at the end of Friday’s trading.

The European Stoxx 600 index closed down 1.4 percent.

All major European stock exchanges recorded sharp losses, except for the Spanish Stock Exchange, whose main index lost only 0.2…

Kuwait Oil Price Rises $1.13

Price of the Kuwaiti crude oil rose $1.13 to settle at $85.53 per barrel on Tuesday vis a vis $84.40 pb on Monday, Kuwait Petroleum Corporation (KPC) said on Wednesday.

In international markets, forwards of the Brent crude moved up by $1.12 to reach …