Dubai 22-08-2019 / WAM / DP World has reported a 22% year-on-year profit growth based on a similar comparison in the first half of 2019 and an outstanding profit of USD 753 million.The company achieved strong financial results during the first six months of the year ended 30 June 2019. …
Read More »2.2 thousand new Indian companies join Dubai Chamber in the first half of 2019
Dubai 23-08-2019 The number of Indian companies that joined Dubai Chamber in the first half of this year increased to 2,208, accounting for about 24.4% of the total new companies that joined the Chamber during the first half of 2019, a growth rate of 18.5% compared to the number of …
Read More »The exchange rate of the dollar against the ruble on the Moscow Stock Exchange
MOSCOW 21-08-2019 The exchange rate of the US dollar against the Russian ruble on the Moscow Stock Exchange in trading and trading today, breaking the 5.66 barrier, for the first time in several months. The dollar exchange rate at the opening of trading according to the data of the Moscow …
Read More »Etihad Airways celebrates 15 years of service between Abu Dhabi and Manama
Abu Dhabi 21-08-2019 Etihad Airways has celebrated its 15th anniversary between Abu Dhabi and Manama with more than 2.5 million passengers flying between the two capitals since its inception in August 2004. The airline operates 28 weekly flights and transports about 200,000 passengers annually to and from Bahrain. This year, …
Read More »TAQA produces more than one million barrels of oil per month in the Kurdistan region of Iraq
Abu Dhabi 21-08-2019 Abu Dhabi National Energy Company (TAQA) announced that TAQA Atrush BV (TAQA Iraq) has set a new record for its production from the Atrush oil field in the Kurdistan Region of Iraq, as it is the first time since the start of production operations in the field …
Read More »Dubai Chamber showcases the emirate’s competitive advantages at the 2019 Botswana World Expo
Dubai 21-08-2019 Dubai Chamber of Commerce and Industry (DCCI) reviewed the economic scene in Dubai during its participation through its representative office in Mozambique at the Botswana World Trade Fair 2019, organized by the Botswana Trade Investment Center recently with the participation of 241 exhibitors from 13 countries including 96 …
Read More »Finance announces the amendment of the Cabinet decision on selective goods and the tax rates imposed on them
Dubai 21-08-2019 The Ministry of Finance announced the details of the amendment of the Council of Ministers Resolution No. / 38/2017 on selective commodities and tax rates imposed on them and how to calculate the selective price in addition to goods currently subject to selective tax / ie tobacco products, …
Read More »Rupai Credit Card Launched in UAE during Indian Prime Minister’s Visit
Abu Dhabi 21-08-2019 The Ambassador of the Republic of India to the UAE has announced the launch of the RuPay Card – the local Indian version of credit cards – in the UAE, in conjunction with the upcoming visit to India by Prime Minister Narendra Modi. The Indian ambassador, in …
Read More »25 Million Revenues from Land Fees Revenue for North Riyadh Housing Project
Riyadh 20 -8-2019 SPA The “White Lands” program of the Ministry of Housing revealed that the second installment amounting to SR 25 million was completed to complete the implementation and delivery of infrastructure services in the housing project west of the airport in Riyadh, indicating that this amount is part …
Read More »Saudi Arabia warns against dealing in virtual currencies
Riyadh 20-08-2019 Saudi Arabia has warned against dealing or investing in virtual currencies, including cryptocurrencies, as they are outside the scope of the regulatory umbrella and are not traded by authorized persons in the Kingdom. The Ministry of Finance, in a statement broadcast by the Saudi Press Agency today, that …
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