22-04-2019 Media in\ Abu Dhabi The number of cheques processed through the Emirates cheque Clearing System reached 6.641 million during the first quarter of 2019, amounting to about 307.32 billion dirhams. According to statistics released today by the Central Bank of UAE, the value of cheques carried out during the …
Read More »Kuwait Stock Exchange ends its trading session and its general index at 51.6 points
22-04-2019 Media in \Kuwait KUWAIT: The Kuwait Stock Exchange closed the day at a low of 51.6 points to reach 5748.8 points, a decrease of 0.89%. The total volume of transactions was 193.9 million shares through 6875 transactions worth KD 34.7 million (about US $ 114.5 million). The main index …
Read More »ABU DHABI -Foreign Direct Investment (FDI) projects to obtain Business license in 5 working days
22-04-2019 Media in\ Abu Dhabi The Foreign Trade Sector of the Ministry of Economy has declared a maximum of 5 working days for the approval of a foreign direct investment license in the UAE if this project is included in the positive list established under the Foreign Investment Law. The …
Read More »Total cargo handled in Saudi ports reached 66 million tons during the first quarter
Media in\ Riyadh 22-04-2019 The total cargo handled in the Saudi ports during the first quarter of this year reached 66,335,121 million tons, an increase of 7.62%. The number of containers issued and delivered reached 1,682,806 million containers, an increase of 7.02% compared to the same period of 2018. The …
Read More »Saudi Telecommunications Minister inaugurates digital infrastructure conference
21-04-2019 Media in\ Riyadh The Minister of Communications and Information Technology Eng. Abdullah bin Amer Al Sawah launched the digital infrastructure conference, the first of its kind in the Kingdom under the title “Digital Architecture for a Promising Digital Economy”, with the participation of representatives of a number of …
Read More »Registration for the Sharjah Gulf Emiratization Award 2019
Media in\ Sharjah 21-04-2019 The Board of Trustees of the Sharjah Excellence Award announced the opening of registration for Gulf companies in the Sharjah Award for Emiratization in the first edition of 2019. The Sharjah Gulf Emiratization Award is organized by the Sharjah Chamber of Commerce and Industry in cooperation with …
Read More »SAUDI ARABIA -Twenty Five(25,000) Female Employees Benefit From Human Resources Development program Fund
Media In / Riyadh 21-04- 2019 Human Resources Development Fund (HDF) revealed that the total number of Saudi female employees who have benefited from the program to support the transfer of working women reached 25 thousand beneficiaries since the launch of the program so far. Earlier, Hadaf has made new …
Read More »CHINA BELT AND ROAD INITIATIVE TAX COOPERATION- U.A.E named vice chairman
21-04-2019 Media in\ Beijing The UAE was elected as vice-chairman of the Tax Administration Cooperation Forum for the China Belt and Road Initiative. Khalid Ali Al Bustani, Director General of the Federal Tax Authority, headed the UAE delegation to the first forum which lasted three days with great international participation. …
Read More »Gulf International Bank has completed its transformation into a local bank in Saudi Arabia
21-04-2019 Media in\ Riyadh Gulf International Bank (GIB) held a meeting of the Constituent Assembly in Riyadh under the chairmanship of Mr. Abdullah bin Mohammed Al Zamil, where the first board of directors of ten members was approved. The bank will be headquartered in the Eastern Province with a capital …
Read More »Launching of brokerage services in the Abu Dhabi Global Courts
Media in / Abu Dhabi 21-04-2019 / WAM Abu Dhabi International Courts (ADX) have established the independent jurisdiction of the Abu Dhabi Global Market (ADX) to provide brokerage services to the growing demand for brokerage solutions and services by market players and litigants. This new service is designed to enable …
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