29-07-2019 Abu Dhabi Total bank reserves at the UAE central bank rose to AED 305 billion by the end of the first half of 2019, an increase of 2.5% to AED 7 billion from AED 298 billion in May. According to a report issued by the Central Bank of the …
Read More »Abu Dhabi Development Company has received the ISO 31000 International Corporate Risk Management Award
29-07-2019 Abu Dhabi Abu Dhabi Fund for Development (ADFD) has received the ISO / 31000 certificate from the British Institute for Standardization and Metrology (BSI). ISO / 31000 / ISM helps with corporate risk management through its principles and guidelines for risk analysis, valuation and management. The risk management framework …
Read More »Deposits rose to AED 155.8 billion during June 2019
29-07-2019 Abu Dhabi The Central Bank of UAE (CBE) has raised its certificates of deposit to a record level in the first half of 2019 after reaching 155.8 billion dirhams at the end of June, according to the bank’s statistics, which show its return to withdraw excess liquidity at banks. …
Read More »Issuing the Sharjah Economic Directory of Sharjah Economic
Sharjah 29-07-2019 / WAM The Department of Economic Development in Sharjah completed the Sharjah Industrial Directory project, which complemented and implemented its strategic plan to contribute to the planning and leadership of the overall economic development in the Emirate and the development of the services provided to clients and strategic …
Read More »Registration of 61 licenses tomorrow in the economy of Ras Al Khaimah in the first half of 2019
Ras Al Khaimah 29-07-2019 In the first half of this year, the number of licenses for tomorrow registered at the Department of Economic Development (DED) in Ras Al Khaimah reached 61 licenses from tomorrow, starting from the start of the initiative, as part of its support to entrepreneurs and facilitating …
Read More »293 million dirhams proceeds from payments received by “Dana Gas” from the Kurdistan region of Iraq
Sharjah 29-07-2019 / WAM Dana Gas has announced a 74% increase in its share of the sales received from BP sales – condensate, liquefied petroleum gas and gas – in the Kurdistan Region of Iraq during the first half of this year. The company said in a statement posted on …
Read More »OPEC daily basket price announced for Tuesday
Media IN VIENNA, 24th July, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$63.92 a barrel on Tuesday, compared with US$64.27 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, includes a mix of blends and light and heavy …
Read More »US firms to resume Huawei sales sooner
15th-07-2019 The US administration may grant licenses for companies to re-start new sales to Huawei in as little as two to four weeks. Huawei was included last May into a Commerce Department list banning US firms from selling new US-made goods and services to the Chinese tech behemoth, unless they …
Read More »New companies joining SCCI grew by 14 percent in H1, 2019: Report
Media IN SHARJAH, 14th July, 2019 (WAM) The Sharjah Chamber of Commerce and Industry, SCCI, report indicates that the number of new companies joining SCCI this year reached 2,720, 14 percent higher than the same period last year. The Chamber also revealed that renewing memberships recorded a growth of two …
Read More »The LSE index closes lower
London 08-05-2019 The London Stock Exchange (FTSE 100) ended the day lower. The index of the top 100 companies on the London Stock Exchange (LSE) shed 0.05 percent, or 3.87 points, to 7,549.27.
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