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Updated on : 8:42 am GMT | Wednesday 11th of September 2016 11
Issued By Business & Finance Group | Dubai Media City | Issue No.305
News Archive
Stocks rise to highest levels in 27 months
World stocks climbed to their highest levels in more than 27 months on Wednesday as investors seized on indications of stronger growth in 2011. US Treasuries steadied after dismal demand at an auction of five-year debt on Tuesday sent yields higher, boosting their relative value for some investors. The dollar fell against a basket of major curre
Sheikha Lubna - UAE boosting trade and economic cooperation with Syria
Business & Finance Club - UAE (Abu Dhabi) - UAE Trade Minister Sheikha Lubna Al Qasimi has discussed with Dr Beshir Qadoor, Charge d' Affairs
Egypt Achieves 5.5% Industrial Growth
Business & Finance Club - Cairo : Egypt’s Industry and Trade Minister Rachid Mohamed Rachid said that the rate of industrial growth in Egypt reached 5.5% this year
Bahrain and Germany consolidating economic relations
Business & Finance Club - Bahrain (Manama) - Bahraini Minister of Industry and Commerce Dr. Hassan Abdullah Fakhro received the Finance Minister of the German
Bain pays $1.8 billion for kids clothing firm Gymboree
Business & Finance Club - New York : Children's clothing maker Gymboree Corp (GYMB.O) is selling itself to buyout firm Bain Capital Partners for $1.8 billion, it said on Monday, as
Jordan: CBJ issues $ 70.5 million bonds

Business & Finance Club - Jordan (Amman) - The Central Bank of Jordan (CBJ) on Monday announced that the amount $ 70.5 million (JD50 million) is the value of the new two-year Treasury Bonds.

On behalf of the Jordanian government, CBJ opened bid for banks and retirement and investment funds, to be settled tomorrow.

This is the 40th issuance of Treasury Bonds issued for local and foreign investors, to be matured on September 7, 2012.

"Since the beginning of 2010, the volume of government securities reached JD2.95 billion, compared to JD2.316 billion redeemed during the same period of last year", a CBJ official told Petra .

The net of new government securities issued this year amounted to JD634 million compared with JD953 million for the same period of last year, the official added.

The Central Bank of Jordan (CBJ) on Monday announced that the volume of excess reserves is JD3.329 billion including overnight window deposits.

The volume of required reserves stood at JD1.143 billion, the CBJ added.

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