London 12 -8-2019 \ SPA Crude oil prices retreated today amid fears of an economic slowdown and a trade war between China and the United States that led to a reduction in the outlook for growth in global demand for crude. Brent crude was $ 58.40 a barrel, down 13 …
Read More »Sterling rises above 2-year lows
London 12 -8-2019 SPA The British pound made gains during the morning session, compensating for the weekend losses that exceeded a two-year low against the US dollar. The pound traded in London’s financial markets today at 1.2079 against the greenback, compared with 1.2015 on Sunday evening. The pound fell on …
Read More »$ 859 billion worth of oil projects in the Middle East and North Africa
Abu Dhabi 08-08-2019 / WAM The value of oil, gas and petrochemical projects being implemented or planned in the Middle East and North Africa (MENA) region has reached more than $ 859 billion, including $ 283 billion worth of developments, according to DMG Events, the organizer of the exhibition. Abu …
Read More »Aldar revenues reach AED 3.42 billion in the first half
Abu Dhabi 08-08-2019 / WAM Aldar Properties reported a 15% year-on-year growth in revenue to AED 3.42 billion, compared to AED 2.98 billion in the same period last year, as a result of an increase in activity across major development projects under construction. Total profit for the first half of …
Read More »UAE closes case against Qatar after withdrawing measures to ban the sale of state goods in its domestic markets
Geneva 08-08-2019 The United Arab Emirates (UAE) has officially closed its case against Qatar over trade violations by the World Trade Organization (WTO), after Qatar withdrew its discriminatory measures that caused the dispute to arise with the UAE. The State of Qatar took discriminatory measures towards goods coming from the …
Read More »RAK Chamber and South Africa discuss investment opportunities
Ras Al Khaimah 08-08-2019 / WAM The RAK Chamber and the South African Embassy in the UAE discussed investment opportunities in order to enhance bilateral trade between the two sides, and to increase the outlets for local products for global spread to enhance the emirate’s strategic position as a promising …
Read More »AED 2.9 billion Dubai real estate transactions in a week
Dubai 08-08-2019 The real estate transactions at Dubai Land Department reached AED 2.9 billion this week, with 588 sales worth AED 1.25 billion, including 72 land sales worth AED 450 million and 516 sales of apartments and villas worth AED 800 million. The most important land sales were AED …
Read More »1800 citizens receive employment opportunities in the private sector
Abu Dhabi 06-08-2019 / WAM The Ministry of Human Resources and Emiratisation announced that some 800 citizens and citizens have received job opportunities in the private sector as part of two separate initiatives aimed at accelerating Emiratisation in the Dhafra area of Abu Dhabi and accelerating the employment of citizens …
Read More »Guinea-Bissau PM discusses with Abu Dhabi Development Cooperation
Abu Dhabi 06-08-2019 / WAM A delegation from the Republic of Guinea-Bissau met with the Director General of the Abu Dhabi Fund for Development (ADFD) to discuss bilateral relations and means of developing them in all fields, especially in terms of financing development projects and opportunities to enhance joint cooperation …
Read More »A Chinese delegation briefed on investment opportunities in R & D through the Sharjah Innovation Park
Sharjah 06-08-2019 During its meeting with a Chinese delegation, the Sharjah Research, Technology and Innovation Park discussed the launch of strategic partnerships in the field of technology transfer with Chinese R & D institutions, by seeking to establish its position as a center for testing and technological innovation in the …
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