Global shares mixed

TOKYO-- Global shares were mostly higher Friday, AP reported.

European shares were mixed in early trading.

France's CAC 40 edged up nearly 0.1% to 6,766.79 in early trading and Britain's FTSE 100 was up 0.2% at 7,647.10.

Germany’s DAX lost 0.2% to 14,401.92.

In Asian trading, Japan's benchmark Nikkei 225 rose 0.6% to finish at 25,973.85. Australia's S&P/ASX 200 added 0.7% to 7,109.60. South Korea's Kospi gained 1.1% to 2,289.97. Hong Kong's Hang Seng erased earlier gains, edging 0.3% lower to 20,991.64. The Shanghai Composite rose nearly 0.1% to 3,157.64.

Benchmark U.S. crude added 64 cents to $74.31 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international pricing standard, rose 62 cents to $79.31 a barrel.

In currency trading, the U.S. dollar climbed to 134.30 Japanese yen from 133.40 yen. The euro cost $1.0510, down from $1.0524.

Source: Saudi Press Agency

International Conference on Accountancy Education Concludes

Riyadh, Jan 6, 2023, SPA -- The activities of the International Conference on Accountancy Education were concluded yesterday.

The three-day conference was held under the theme of "early preparation for the labor market".

It was organized by the Saudi Organization for Certified Public Accountants- SOCPA in Riyadh, under the patronage of the Minister of Commerce and Chairman of the Board of Directors of SOCPA, Dr. Majid bin Abdullah Al-Qasabi.

The conference discussed the role of education in developing the accounting profession, highlighting the profession and the promising opportunities that the profession achieves, in addition to reviewing and exchanging local and international best practices in the accountancy profession, reviewing the developments in the profession and the latest international regulations and systems, and transferring international experiences in the profession and benefiting from it. Among them, highlighting the role of accounting education in formulating the outputs of accounting competencies that contribute to promoting economic growth.

A number of senior officials, academics and experts, locally and internationally, who are concerned and interested in the accounting profession and specialists in accounting education, participated in the conference, in addition to the participation of international agencies and organizations, relevant governmental and private agencies, local and international accounting education companies and institutions, members of bodies in the sector system, and specialized students from Saudi universities.

The conference activities included 8 dialogue sessions and 24 various workshops, in which more than 80 speakers participated, in addition to the signing of 6 cooperation agreements. The conference's accompanying exhibition witnessed the participation of more than 80 government agencies, universities, companies and accounting education institutions.

Source: Saudi Press Agency

AL Welcomes Joint Statement Issued by Libya’s Two Chambers

Cairo, Jan. 06, 2023, SPA -- The Secretary General of the Arab League Ahmed Abul Ghait welcomed the contents of the Egypt-sponsored Constitutional Document adopted by the speakers of both Libian State's representatives and supreme councils, following their talks in Cairo yesterday.

In a statement, Abul Ghait expressed hope that this political development would be followed by practical and serious steps that would conduce to a clear-cut national road map leading towards a perfect political process crowned by elections as soon as possible.

In this context, he confirmed his organization's support for any fair and serious endeavor aiming to revive the political process in Libya, end the long-lived transitional processes in the country and start a new state of stability and development.

Source: Saudi Press Agency