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Mubadala invests in North American business data center Kologix

– Mubadala’s investment is based on the company’s extensive experience in data and technology centers in a market with high growth rates. – A strategic deal, in partnership with Stone Peak Infrastructure Partners, will boost investment in Clogics’ expansion and development plans. Abu Dhabi 23-09-2019 Mubadala Investment Company (Mubadala), a …

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Arada unveils its new Boulevard project at Cityscape 2019

Sharjah 23-09-2019 Sharjah-based real estate developer Arad has announced the launch of its new residential community, The Boulevard, as part of the mega-project in the heart of the emirate of Sharjah, with three nine-storey residential towers each in the modern East Village community. The Boulevard will be launched at the …

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Egyptian bourse closes lower

Cairo 23 -9-2019 SPA The Egyptian Stock Exchange (EGX) ended the day on a collective decline of all indices, with pressure on sales of foreign dealers. The index “EGX 30” by 1.47% to close at 13753.19 points, the index of medium and small companies “EGX 70” by 1.79% to close …

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US stocks start lower

New York 23 -9-2019 SPA US stocks opened lower on Thursday, as investor confidence in the prospect of Sino-US trade talks progressed and a number of reports were awaiting the US economy. The Dow Jones industrial average was down 83.62 points, or 0.31 percent, at 26,851.45. The Standard & Poor’s …

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Dubai Commerce participates in the E-Commerce Expo in London

Dubai 23-09-2019 Dubai Commerce City, the first e-commerce free zone in the Middle East, North Africa and South Asia (MENA) region, will participate in the Expo e-commerce event, which will be hosted by the Olympia Exhibition Center in London on September 25-26. Dubai Commerce will showcase the growing opportunities in …

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AED 2.98 trillion total bank assets during August

Abu Dhabi 22-09-2019 The Central Bank of the United Arab Emirates (UAE) announced that total banking assets including bank acceptances increased by 0.3% from AED 2 trillion and 975.8 billion at the end of July 2019 to AED 2 trillion and 983.4 billion by the end of August 2019 while …

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Brazilian exports to the UAE in the first half

Dubai 2019-09-22 / WAM The volume of Brazilian exports to the UAE between January and August 2019 / 1534.18 million dollars, or 1,825.90 thousand tons of goods, while imports from the UAE 380.35 million dollars, or 680.75 thousand tons. The figures were announced during a symposium organized by the Arab-Brazilian …

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Hundreds of local and international companies showcase their latest innovative projects at GITEX Technology and Future Stars

Dubai 22-09-2019 The 39th edition of GITEX TECHNOLOGY WEEK, to be held from October 6 to 10 in Dubai, is the largest gathering of start-up investors and a platform for knowledge-driven artificial intelligence, robotics and the next generation of innovative technologies with the participation of 100,000 technical experts. Trixie Luo …

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Bahrain indices close on a mixed note

Manama 22-Sep-2019 Bahrain General Index closed at 1,511.86 today, an increase of 21.47 points over the previous closing, while the Bahrain Islamic Index closed at 746.17, a decrease of 3.67 points from the previous closing. The total number of shares amounted to 4,615,608 shares with a total value of BD1,199,991 …

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