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Dubai 02-09-2019 / WAM / Dubai Land Department has launched the “Real Estate Lawyer” initiative to facilitate the real estate sector and enhance regional and international investment opportunities in Dubai. The department has signed a Memorandum of Understanding (MoU) with PSA Law Firm to provide an innovative framework that will …

Cairo 02-09-2019 / WAM The United Arab Emirates (UAE) will participate in the Arab Economic Committee of the Economic and Social Council (ECOSOC), which started today at the headquarters of the General Secretariat of the Arab League. The delegation was headed by HE Mohammed Saleh Shalwah, Advisor to the Minister …

Dubai 02-09-2019 The world’s material handling industry will be on the lookout for Dubai this week as world-class specialists from the region and the world gather at the Skelex supply chain and logistics conference, which begins tomorrow at the Dubai World Trade Center to explore and develop the sector in …

Dubai 01-09-2019 The DME organized an auction for the Omani Ministry of Oil and Gas and the shipment of 2 million barrels of Oman crude oil mix was sold for November delivery at a premium of US $ 0.18 per barrel to be added to the official selling prices for …

Abu Dhabi 01-09-2019 / WAM Abu Dhabi will host the eighth edition of the China 2019 Forum, the main event for travel and tourism professionals and those interested in the Chinese market on September 2-3, at the Yas Marina Circuit. The forum provides a platform for communication between companies and …

Abu Dhabi 01-09-2019 / WAM Abu Dhabi General Services Company (MASANADA) has announced that it has completed all the works of the internal roads and infrastructure of East 25 in Abu Dhabi “Al Nahyan Camp” Phase II in cooperation with the Municipality of Abu Dhabi City at a total cost …

Abu Dhabi 01-09-2019 / WAM During the summer months between June and August, Abu Dhabi International Airport reached over 4.5 million passengers. Abu Dhabi International Airport saw the highest influx of passengers from five major international destinations – London, New Delhi, Bombay, Cairo and Cochin – during the summer. The …

Abu Dhabi 01-09-2019 / WAM Interest rates on interbank dirhams (EIBOR) have continued to fall to new levels for several months, according to statistics from the UAE Central Bank. Interest rates fell to 256 basis points on one-year trading and were followed in the same direction by the 6-month benchmark …

Dubai 01-09-2019 / WAM The Dubai Gold and Commodities Exchange (DGCX) registered more than 3 million contracts in a single month for the first time in its history in August, breaking its July record of 2.38 million contracts. The value of contracts traded and cleared last month, which amounted to …

01-09-2019 / WAM The per capita private consumption expenditure in the UAE increased to about 63 thousand dirhams in 2019, an increase of 14.1% compared with 55.2 thousand dirhams in 2018 and based on these official data contained in the report of the Federal Competitiveness and Statistics has increased the …