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DUBAI /Media IN /Mon 29-04-2019  (WAM) – Dubai Financial Market (DFM) Company today announced its financial results for the first quarter of the year ending 31st March 2019, reporting a net profit of AED28.1 million, a 43 percent decrease compared to AED48.9 million during the corresponding period of 2018. The …

28-04-2019 Media in\ Abu Dhabi The Director General of the Arab Monetary Fund (AMF) confirmed that the Arab Clearing House of the Arab Monetary Fund, based in Abu Dhabi, will start its work by 2020, which will deal with the clearing and settling of Arab payments, which will enhance inter-Arab …

28-04-2019 Media in\ Abu Dhabi The training course for capacity building in the payment systems for employees of the Central Bank of Yemen, organized by the Arab Monetary Fund in cooperation with the World Bank Group, started today at the Marriot Hotel in Abu Dhabi and will last till May …

28-04-2019 Media in\ Dubai UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued decree No. 17 of 2019 to adopt the Dubai International Arbitration Center (DIC) statute to replace the statutes adopted by Decree No. 58 of 2009. The Dubai …

28-04-2019 Media in\ Dubai The Union of Export Credit, the federal government’s credit protection company, has announced that it has voted for its membership as an observer in the Berne Union, a global consortium representing the global export credit industry and investment insurance. This membership allows UICC to fulfill its …

Media in Dubai 28-04-2019 / WAM / NASDAQ Dubai today welcomed the listing of US $ 1.5 billion worth of Sukuk by the Islamic Development Bank (IDB). This listing underscores Dubai’s role as the world’s largest Sukuk listing facility with a nominal value of US $ 60.89 billion. The Islamic …

 28-04-2019 Media in\ Dubai The Minister of Human Resources and Emiratisation said that 3390 contracts signed by citizens and citizens with companies operating in the financial, banking, insurance, retail and tourism sectors to work for them were part of the initiative to speed up the qualitative settlement in the sectors …

28-04-2019 Media in\ Riyadh The Saudi-Tunisian Joint Committee held its tenth session on Saturday and Sunday in Riyadh. The Saudi side was headed by His Excellency Minister of Trade and Investment Dr. Majid bin Abdullah Al Qasabi. The Tunisian side was headed by HE Minister of Development, Investment and International …

 Abu dahabi \Media In 28-04-2019 Shaikh Mohammed bin Faisal Al Qassimi, Chairman of MBF Group, signed an investment partnership with Hussain Al-Tantawi, Executive Director of the National Bank of Egypt (DIFC) office in the presence of Tareq Al Ghazali, General Manager of the Bank’s representative office in the UAE. In …

28-04-2019 Media in\ Riyadh The Ministry of Trade and Investment revealed a 27% increase in the establishment of limited liability companies in the first quarter of 2019 compared to the fourth quarter of 2018. The total number of limited liability companies established during the first quarter of this year was …