Media IN VIENNA, 21st May, 2019 WAM OPEC Fund for International Development,OFID was established in January 1976 by the then 13 member countries of OPEC; including the United Arab Emirates. In 2006 the Coordination Group comprised of Arab National and Regional Development Institutions, the Islamic Development Bank, and OFID initiated …
Read More »Asian stocks mixed after Wall Street fall on Huawei tension
Media IN BEIJING 21-05-2019 (AP) Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street lower. Benchmarks in Shanghai and Seoul advanced, while Tokyo, Hong Kong and Sydney declined. The Shanghai Composite Index gained 0.3% to 2,880.71 while Tokyo’s Nikkei …
Read More »AL MAZROUEI lauded JMMC for compliance to Declaration of conformity for April 2019 as Highest
Media IN Jeddah 20-05-2019 / WAM The Minister of Energy and Industry headed the delegation of the participating country in the 14th meeting of the Joint Ministerial Committee to monitor the reduction of production between the Organization of Petroleum Exporting Countries (OPEC) and the countries outside it, which was held …
Read More »UAE Sign Bilateral agreements with Mali for mutual economic benefit
MEDIA IN Abu Dhabi 20-05-2019 / WAM His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, today signed a number of agreements and memorandums of understanding between the UAE and the Republic of Mali in the fields …
Read More »Kuwait Bourse market Index gains points on Monday
Media IN Kuwait 20-05-2019 KUNA Boursa Kuwait ended trading Monday on mix board as the premier market index went up by 2.47 points to reach 6,007.31 points. The value of trades was KD 22.1 million with the volume reaching 76.1 million shares done through 5,296 deals
Read More »BAHRAIN: Sukuk Al-Salam issues 217 Securities
Media IN Manama, May 20 (BNA): The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 294%.Subscriptions worth BD126.444 million were received for the BD 43 million issue, which carries a maturity of 91 days. The expected return on …
Read More »Asian shares mixed on Monday:
Media IN Seoul, May 20, 2019, SPA In Australia, the S&P ASX 200 rose 1.7% to 6,476.10, Indian benchmark Sensex added 2.7% to 38,950.96, Japan’s Nikkei 225 index edged up 0.2% to 21,301.73, Shanghai Composite index lost 0.5% to 2,867.72 while Hong Kong’s Hang Seng index slipped 0.6% to 27,768.26. …
Read More »Artificial Intelligence Applications to contribute 35% of UAE’s GDP by 2030
20-05-2019 Media in\ Abu Dhabi Artificial intelligence applications in the various economic sectors are expected to contribute 35% of the UAE’s GDP in 2030, according to specialized international references that show that the country is one of the best equipped countries to benefit from the strength of artificial intelligence worldwide. …
Read More »Emirates Aluminium International launches its new industrial recycling facility
20-05-2019 Media IN Abu Dhabi Emirates Aluminium International today announced the launch of a new facility for the treatment and recycling of smelter residues at a cost of AED 15 million, an important step towards progress in the recycling of industrial waste. Waste from aluminum smelters – materials consumed and …
Read More »Sharjah Department of Statistics and Community Development Launches Economic Survey Project
Sheikh Mohammed bin Humaid Al Qasimi, Chairman of DSCD Media IN SHARJAH 20,May, 2019 Sharjah: The Sharjah Department of Statistics and Community Development (DSCD) has rolled out the implementation phase of its latest economic survey project, which will encompass all administrative communities and free zones in the emirate. The project was launched in …
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