Media IN 17 \ 05 \ 2018 Denmark’s Maersk Tankers said on Thursday it would suspend its activities in Iran after the United States decided to withdraw from Iran’s nuclear deal and re-impose sanctions on Tehran. The company said it would abide by the agreements, which came into effect before …
Read More »Oil prices at $ 80 for the first time since 2014
Media IN 17 \ 05 \ 2018 Oil prices jumped to $ 80 a barrel on Thursday for the first time since November 2014 on fears that Iranian exports would shrink as supplies in a market already narrowed. At 9:55 GMT, Brent crude futures were up 57 cents at $ …
Read More »AED 472 million worth of property transactions in Dubai today
MediaIN \17 \ 05 \ 2018 The Department of Land and Property in Dubai said it has achieved more than AED 472 million in real estate transactions. Today, the department has recorded 211 pledges of AED 309 million, of which 23 plots of land are valued at AED 87 million …
Read More »Continued economic growth in Egypt
Media IN\ Agencies 16 \ 05 \ 2018 Egyptian President Abdel Fattah al-Sisi said on Wednesday that his country’s economy grew 5.4 percent in the third quarter of the current fiscal year 2017-2018, after achieving 5.3 percent in the second quarter. “It is hoped that the growth rate will be …
Read More »Completion of a financing transaction using block chain technology
Media IN 14 \ 05 \ 2018 HSBC has announced the launch of its first global trade finance deal, using an individual cluster platform, in an effort to boost the effectiveness of international trade finance. The bank said in a statement that Dutch bank ING had sealed the deal for …
Read More »Suhail Al Mazrouei meets Minister of State for Spanish Trade
Media IN / WAM 14/05/2018 HE Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, met at the headquarters of the Spanish Ministry of Economy, Industry and Competitiveness in Madrid His Excellency Marisa Ponthella Garcia, Minister of State for Spanish Trade, during his official visit to the …
Read More »ADNOC signs agreement with Thebes to develop project to develop Ruwais complex
MediaN 14 \ 05 \ 2018 Abu Dhabi National Oil Company (ADNOC) has announced an agreement to develop a new project with Spanish company Thepsa for the construction of a joint linear kerosene production plant at Al Ruwais Refining and Petrochemical Complex. The new plant for the production of linear …
Read More »The UAE chairs the meeting of the Committee for the Implementation and Follow-up of the Arab Free Trade Area in Cairo
Media IN\ Agencies 14 \ 05 \ 2018 The United Arab Emirates chaired the forty-fifth meeting of the Implementation and Follow-up Committee for the Greater Arab Free Trade Area which was held today at the headquarters of the General Secretariat of the Arab League with the participation of representatives of …
Read More »Al-Mansouri is discussing with the South Korean Trade Minister the existing economic cooperation and prospects for future partnerships
Media IN / WAM14/05/2018 His Excellency Sultan bin Saeed Al Mansouri, Minister of Economy, discussed during a meeting with South Korean Minister of Commerce Kim Hyun-chung and his accompanying delegation at the Ministry’s headquarters in Dubai bilateral relations and the prospects of economic and trade cooperation in the coming stage. …
Read More »Estimating the amount of Arab spending on information security by 9.2
Media IN\ agencies of 13/05/2018 The participants in the Conference on Technology, Innovation and Society (SAEFI Africa 2018), which concluded yesterday in the Moroccan city of Tangier, estimate the volume of Arab spending on information security to reach 9.2 billion dollars in 2018. The three-day conference, under the patronage of …
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