Media ININ Economy We Trust
Media In / Islamabad 30-03-2019 Agencies The Central Bank of Pakistan announced a 0.5% increase in bank interest rates to 10.75%. A statement issued by the Central Bank of Pakistan said last night that the bank interest rate was raised to control inflation and the budget deficit. This is the …
Read More »Federation of Chambers of Commerce confirms improvement of non-oil private sector growth
Media In \ Sharjah 30-03-2019 / WAM The Federation of Chambers of Commerce in the UAE confirmed the growth of the non-oil private sector in the UAE during the current year on the impact of stimulus packages. The General Secretariat of the Federation of Chambers said that the General Secretariat, …
Read More »114 companies distributed 37.2 billion dirhams in cash for the profits of 2018
28-03-2019 Media in\ Abu Dhabi The proposed cash dividend of 114 companies traded in the UAE capital markets increased to AED 37.2 billion from the year 2018, an increase of 16.2% compared to dividends for 2017. The banking sector continued to lead the list of the most listed sectors in …
Read More »The Government Financial Policy Coordination Council holds its first meeting for 2019
28-03-2019 Media in\ Dubai The Ministry of Finance held its first meeting in Dubai in 2019 under the chairmanship of Younis Haji Al-Khouri, Undersecretary of the Ministry of Finance and Chairman of the Board and Saeed Rashid Al-Yateem, Assistant Undersecretary of the Resources and Budget Sector. The meeting was attended …
Read More »Arab Economic Council welcomes UAE initiative to establish “Arab Group for Space Cooperation”
28-03-2019 Media in\ Tunisia The Economic and Social Council of the League of Arab States welcomed the efforts and initiative of the United Arab Emirates to establish the “Arab Group for Space Cooperation” on the sidelines of the second session of the World Space Conference in Abu Dhabi from 19-21 …
Read More »Dubai Economic and Police Collaborate with JITRO to Fight Counterfeit Products
28-03-2019 Media in\ Dubai The Japanese Foreign Trade Organization (JETRO) and the Middle East Intellectual Property Group of Japan (ME-IPF) have joined hands with several competent authorities in Dubai to counter counterfeit products and promote awareness among consumers and shoppers in the UAE. “Counterfeit products are a real problem that …
Read More »“Dubai Land” honors Gulf Property 2019 winners
28-03-2019 Media in\ Dubai The Dubai Land Department honored the winners of the third Gulf Property Awards 2019 at a ceremony held today in Dubai in the presence of Sultan Butti Bin Mujrin, Director General of Dubai Land and a number of its officials and representatives of the companies and …
Read More »Net profit of 31.4 million dirhams last year
27-03-2019 Media in\ Dubai The net profit of the National Company for Public Insurance amounted to AED 31.4 million for the year 2018 compared to AED 37 million in 2017. The company achieved total premiums of AED 551 million last year compared to AED 571 million in 2017 and retained …
Read More »“Petroleum Construction” provides 8% of the operating budget in two years through innovative projects
27-03-2019 Media in \Abu Dhabi, The National Petroleum Construction Company, a subsidiary of Industries Abu Dhabi, has revealed that the company’s innovative projects have achieved a financial saving of 8% of the company’s operating budget over the past two years. Eng. Ahmed Salem Al Dhaheri, CEO of National Petroleum Construction …
Read More »Salem bin Abdul Rahman Al Qasimi inaugurates new branch of Lulu Hypermarket in Sharjah
27-03-2019 Media in \Sharjah Sheikh Salem Bin Abdulrahman Al Qassimi, Head of the Ruler’s Office opened the new branch of the Lulu Supermarket in the Roula area of Sharjah, part of the Lulu International Group, where he inspected the pavilions and sections containing the various goods provided by the hypermarket. …
Read More »