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Media IN VIENNA, 23rd May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$71.03 a barrel on Wednesday, 22nd May, compared with US$71.71 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …

Media IN Abu-Dhabi 23rd May 2019 Asia markets declined in Thursday afternoon trade as investors worried about the ongoing trade tensions between the United States and China. Mainland Chinese shares slipped by the afternoon, as the Shanghai composite declined 0.84% and the Shenzhen component fell 1.67%. The Shenzhen composite also …

  Media IN Kuwait, May 23rd 2019   Kuwait’s GDP rose by 1.6 percent in 2018 after dropping 3.5 percent the year before, the World Bank revealed on Wednesday.   The figures were mentioned by the Gulf cooperation council country Director, on the fringes of the world Bank’s bi-annual economies’ …

Media IN Dubai 22-05-2019 Emirates Central Cooling Systems (Empower) provides district cooling services to the seven major sectors in Dubai. Refrigeration services provided by Empower included 71% for residential buildings, 15% for commercial buildings, 11% for hotels and 3% for hospitals, educational and university buildings, shopping centers and factories with …

Media IN Dubai 22-05-2019 Three emerging companies won the Dubai Smart Entrepreneur Award for the fourth edition of Dubai Entrepreneurship launched by the Dubai Chamber of Commerce and Industry (DCCI) in collaboration with Dubai Smart and supported by du of Emirates Integrated Telecommunications Company on the sidelines of the Enterprise …

Media IN Dubai 22-05-2019 The number of new licenses issued by the Department of Economic Development (DED) rose to 9514 in the January-April period, a growth of  38.3% against the comparable period in 2018. The strong growth in the number of licenses issued for the various economic activities reflects the …

Media IN  Sharjah 22-05-2019 WAM Al Manad Real Estate Development Company has signed an agreement with Mashreqbank for syndicated loans worth AED 1 billion to contribute to the resumption of construction work on the two projects in Sharjah, Al Jadah and Masaken Residences. A syndicated loan is one that is …

Beijing\media IN 22-05-2019 / WAM China’s Ambassador to the People’s Republic of China confirmed that the Forum “Belt and Road 2” for international cooperation, which was held in Beijing last April, marked the beginning of a new stage of the initiative of the belt and road, accompanied by a series …

Media IN Dubai 22-05-2019: WAM The 4th edition of the annual Future Manufacturing and Trade Summit, hosted by Dubai Exports, the export promotion agency of the Dubai Department of Economic Development (DED), in collaboration with Expotrade Middle East, will be held under the patronage of  UAE’ Minister of Energy and …

Media IN Dubai, 22nd May, 2019 WAM Minister of State for Artificial Intelligence, stressed the importance of establishing international partnerships with the aim of benefiting from scientific research outputs, and creating an integrated vision for the challenges and changes facing the world. The Minister noted that  the UAE government drive …