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Julphar resumes exports to Bahrain and Kuwait

RAS AL KHAIMAH / WAM Gulf Pharmaceutical Industries, otherwise known as Julphar, has announced that the company’s exports to Bahrain and Kuwait will resume again. The announcement comes after the successful inspection of Julphar’s manufacturing facilities by the Gulf Health Council (GHC) and the Pharmaceutical and Herbal Medicine Registration & Quality Control Admin, Ministry of Health, State of Kuwait, Julphar ...

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Oil swings between gains, losses as Saudi ends voluntary output cut

Bloomberg Oil traded near $38 a barrel in New York in choppy trading, as the market was caught between weaker equities and an ongoing market rebalancing. Futures whipsawed between gains and losses. While stock markets retreated and Saudi Arabia decided to end additional supply curbs this month, there are signs of a broader rebalancing. US crude inventories are forecast to ...

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France earmarks $17b for aerospace industry

Bloomberg France unveiled an aerospace rescue plan to bolster European planemaker Airbus SE and its financially-strapped suppliers with measures aimed at preventing massive job losses and underpinning aircraft orders. The sweeping aid package laid out on Tuesday by Finance Minister Bruno Le Maire, worth about 15 billion euros ($17 billion), provides investment, payroll subsidies and credit guarantees to cushion the ...

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