Media IN VIENNA, 20th May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$72.57 a barrel on Friday, 17th May, compared with $72.61 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …
Read More »Bahrain to host Economic Workshop: ”Peace for Prosperity” in June 25 2019
20-05-2019 Media IN / Manama In partnership with the United States of America, the Kingdom of Bahrain will host an economic workshop entitled “Peace for Prosperity” in Manama on June 25-26. The workshop is a pivotal opportunity for a meeting of government leaders, civil society organizations and the business sector …
Read More »Sea-trade Announces 3 Major Events in Emirates Maritime Week
Media IN/ Dubai 20-05-2019 / WAM Sea-trade Middle East Maritime Sector has announced three major events to be held during the UAE Maritime Week 2019, which will be held on 22 September in Jumeirah, organized by the Dubai Maritime City Authority. The events include the Seatrade Community of Work Boats …
Read More »Japan’s GDP grows by 2 percent in Jan- March Period 2019
Media IN Tokyo, May 20, 2019 Japan’s economy grew at an annualized pace of 2.1 percent in the January-March period, the second straight quarter of expansion, despite sluggish personal consumption and exports, the government said on Monday GDP is the total value of goods and services produced domestically. Gross Domestic …
Read More »New projects to secure Egypt’s gas needs
19-05-2019 Media in\ Cairo The Ministry of Petroleum and Mineral Resources announced the implementation of new projects to secure its gas needs at an investment cost of 145 million dollars. She referred to the project to transport the Ghaffin field gas to the Western Desert Gas Complex and the Amriya …
Read More »OPEC’s JMMC re-affirms commitment and ensuring oil market stablity
Media IN Jeddah, 20th May, 2019 (WAM) Yesterday 19 May 2019 the JMMC organized its 14th meeting in Jeddah, Saudi Arabia were it reaffirmed its commitment to achieving a balanced market and working towards oil market stability on a sustainable basis with solid fundamentals. The JMMC expressed its satisfaction regarding …
Read More »Krypto Labs announces US$320,000 R&D grantees for Drone X challenge 2020 Phase I; Opens applications for Phase II
Media IN Abu-Dhabi 20th May, 2019 (WAM) Krypto Labs, a global innovation hub based in Abu Dhabi , has shortlisted teams from Phase I and the opening of Phase II of the ‘Drone X Challenge 2020’, a multi million dollar challenge for innovation in drone delivery technologies. The shortlisted teams …
Read More »“Dubai Roads” achieved electricity savings of 21.7 GWh in 2018
19-05-2019 Media IN Dubai RTA achieved an electricity saving of 21.7 GWh in 2018 by 9.340 tons reduction of carbon emissions by replacing LED lighting units instead of traditional HID lighting. The TRA’s implementation plan for this type of replacement operation came after its success in achieving more than 50% …
Read More »Emirates Islamic Bank Partners with Sheikh Zayed Housing Program
19-05-2019 Media IN Dubai Emirates Islamic Bank, one of the Islamic financial institutions operating in the UAE, today announced the signing of a partnership agreement with the Sheikh Zayed Housing Program, which provides home financing solutions to the beneficiaries of the projects that the program has built and delivered. Under …
Read More »Dubai Land Department Generates AED 3billion from Real Estate Transactions
Media IN Dubai 19-05-2019 The real estate transactions in the Dubai Land Department have generated more than AED 3 billion. The department today recorded 140 pledges of AED 200 million, including 24 plots of land for AED 70 million and 116 properties for villas and villas worth 140 million dirhams. …
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