22-04-2019 Media in\ Dubai Dubai Maritime City Authority said that the maritime licensing movement within the local territorial waters has achieved remarkable growth. The licenses of maritime vehicles license increased by 18 percent during 2018 compared to 2017, while the number of maritime licenses of all types increased by 13 …
Read More »A delegation from the Federation of Arab Stock Exchanges met with the Egyptian Prime Minister
Media in \Cairo 22-04-2019 Egyptian Prime Minister Dr. Mostafa Medbouli met today at the Council of Ministers in Cairo with a delegation from the Federation of Arab Stock Exchanges, including Fadi Khalaf, member of the Federation of Arab Stock Exchanges. The Spokesman for the Egyptian Council of Ministers, Counselor Nader …
Read More »Abu Dhabi Islamic Bank reports AED 600 million profit in first quarter 2019
22-04-2019 Media in\ Abu Dhabi Abu Dhabi Islamic Bank (ADIB) posted a net profit growth of 1.7% in the first quarter of 2011 to AED 600.3 million, while its revenues increased by 5.3% to AED 1,436 billion, due to growth of customer finance assets by 2.8% to AED 78.1 million …
Read More »Palestine Stock Exchange closed down 0.1%
22-04-2019 Media in \Ramallah The Palestinian Stock Exchange closed its daily trading down 0.1%, or 0.52 points, to reach the index of Jerusalem at 530.55 points. The volume of shares traded 158,818 shares worth a total of 305,496 dollars carried out through 124 transactions.
Read More »DUBAI -DME Start public Consultations On the Addition of Murban crude oil
22-04-2019 Media in\ Dubai Dubai Mercantile Exchange (DME), today announced the start of public consultations to add Abu dhabi Murban crude oil as an alternative delivery crude into its flagship DME Oman crude oil Futures contract, after receiving preliminary regulatory approval. With an estimated production capacity of 1.7 million barrels …
Read More »The Saudi stock market closed at 9195.02 points
Media in\ Riyadh 22-04-2019 The index of Saudi Arabia’s main stock closed today down 44.65 points to close at 9195.02 points, with trades worth more than 3.5 billion riyals. More than 150 million shares were traded, with more than 100,000 traded, with 34 companies posting gains, while 143 stocks closed …
Read More »Dubai: GDP growth forecast for the emirate to rise by 2.1% in 2019
22-04-2019 Media in\ Dubai Dubai Economic Outlook predicted that the emirate’s real GDP growth in the short to medium term would reach 2.1%, 3.8% and 2.8% in 2019, 2020 and 2021 respectively. The initiatives and investments led by the Government of Dubai and the growth prospects of the trading partners …
Read More »The Central Bank of Egypt organizes two workshops to promote the integration of regional payment systems in Africa
22-04-2019 Media in\ Cairo The Central Bank of Egypt, in cooperation with the Secretariat of the Board of Governors of the African Central Banks Association, organized two three-day workshops on “Developing a framework for the integration of regional payment systems” and “Developing a regional integration strategy for mobile payment in …
Read More »Bank transfers in the UAE amount to AED 2.58 trillion over three months
Media in\ Abu Dhabi 22-04-2019 The total value of remittances between banks operating in the UAE through the UAE Exchange System (UAFTS) reached AED 2.58 trillion during the first quarter of 2019, an increase of 7.5% compared to 2.4 trillion dirhams in the same period of 2018. The value of …
Read More »Saudi-Tunisian Economic Forum concluded in Jeddah Chamber
22-04-2019 Media in\ Jeddah The Tunisian-Saudi Economic Forum concluded its work at the Jeddah Chamber today, after having witnessed bilateral meetings with Saudi and Tunisian businessmen with the participation of 25 Tunisian companies specialized in the fields of food industry, agricultural products, tourism services, pharmaceutical industry, tourism services, textiles, clothing, …
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