Media IN Dubai, 17th May, 2019 WAM Dubai Electricity and Water Authority (DEWA) organised an open meeting with its suppliers from small and medium enterprises (SME), in line with its commitment to strengthen partnerships with its suppliers who contribute to the excellence of its operations. The meeting was attended by …
Read More »UAE Consumer Price Index (CPI) fell by 2.5 percent Year-on-Year in March 2019
Media IN Abu-Dhabi 17-05-2019 Consumer prices in United Arab Emirates fell 2.5% year-on-year in March of 2019, the same pace as in the previous month. It was the third straight month of deflation, as prices continued to dropped for housing and · utilities (-6.5% compared to -5.9% in February 2019) …
Read More »Sharjah Chamber considers strengthening economic cooperation with Serbia and Benin
Media IN Sharjah 17-05-2019 / WAM The Sharjah Chamber of Commerce and Industry (SCCI), during its meeting with high level official delegations from the Republic of Serbia and the Republic of Benin, discussed ways to develop economic cooperation and trade relations and promote joint investment with Sharjah and the private …
Read More »OPEC daily basket price at $72.61 a barrel Thursday
Media IN Vienna, 17th May, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at $72.61 a barrel on Thursday, compared with $71.26 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol …
Read More »UAE’s Number of business licences issued by the start of 2019 hike by 3.7 percent
Media IN Abu-Dhabi, 17th May, 2019 WAM The number of business licences issued in the UAE amounted to 560,158 since the start of 2019, an increase of 3.7 percent, or 19,800 licences, compared to the end of 2018. This reflects the improvement of various sectors since the start of the …
Read More »Masdar honours key sponsors and partners of Abu Dhabi Sustainability Week
Media IN Abu Dhabi: May, 17 2019 Masdar, the Abu Dhabi Future Energy Company, has honoured the sponsors and partners of Abu Dhabi Sustainability Week (ADSW) 2019, the largest sustainability gathering in the Middle East. The Chief Executive Officer of Masdar, paid tribute to the organisations that partnered with and …
Read More »UAE: ”Real Estate property transactions generate AED 2.9 billion a week”
Media IN Dubai, 17-05-2019 WAM Real estate transactions in the Dubai Land Department have generated more than AED 2.9 billion. Last week, the department recorded 827 shares worth AED 1.6 billion, 79 of which were land for 700 million dirhams, 748 for apartments and villas worth 900 million dirhams. In …
Read More »Oman Oil Price Rises 1.55 US Dollar
Media IN Muscat, May 16 2019 (ONA) Dubai Mercantile Exchange (DME) said that Oman oil price (July Delivery 2019) today reached 72.43 US Dollars. The DME statement said that the price of Oman oil today rose 1.55 US Dollar from the price of yesterday “Wednesday,” which was 70.88 US Dollars. …
Read More »Muscat Securities Market Gains 30 Points
Media IN Muscat, May 16, 2019, SPA Muscat Securities Market (MSM) general index (30) today added (30.66) points, comprising a rise by (0.801%) to close at (3858.87) points, compared to the last session, which stood at (3828.21) points. The trading value today stood at (RO 1,113,243), comprising a decline by …
Read More »Global stocks mixed today
Media IN Tokyo, May 16, 2019, SPA Global shares are mixed on Thursday, AP reported. France’s CAC 40 slipped nearly 0.2% to 5,364.35 in early trading, while Germany’s DAX fell 0.5% to 12,043.09. Britain’s FTSE 100 lost 0.1% to 7,289.29. U.S. shares were set to be little changed, with the …
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