Media IN Abu-Dhabi 14th May, 2019 The Integrated Transport Centre, ITC, in Abu Dhabi has announced that premium parking tickets can be used in all premium and standard parking bays in Abu Dhabi. Whereas standard parking tickets can only be used in standard parking bays in all areas in Abu …
Read More »DMCC Forms Strategic Alliance with China Gems and Jade Exchange
14-05-2019 Media IN Dubai DMCC, the world’s leading Free Zone for commodities trade and enterprise, announced today that it has signed a Memorandum of Understanding with the China Gems and Jade Exchange (CGJE), creating a strategic alliance with China’s official trading platform for gemstones and jade. The Chief Operating Officer, DMCC, and …
Read More »The Saudi Stock Exchange closed at 8374.27 points
MediaIn \ Riyadh 14-05-2019 The index of major Saudi stocks closed today, up 7.63 points to close at 8374.27 points, and trades worth more than 6.4 billion riyals. The number of shares traded was more than 200 million shares, which were shared by more than 150 thousand transactions, where the …
Read More »Aldar’s profits reach AED 493 million in the first quarter of 2019
14-05-2019 Media IN Abu Dhabi Aldar Properties posted a net profit of AED 493 million in the first quarter of 2019 and recorded a growth of AED 1.76 billion, an increase of 20% over the same period last year. During the first quarter of 2011, Aldar witnessed a significant growth …
Read More »National Banks’ loans to Industry and Business reach AED 13.3 bn in Q1 2019
12-05-2019 Media IN Abu Dhabi The value of the “loans” provided by national banks to the industrial and business sectors amounted to AED 13.3 billion during the first quarter of 2019, which increased the total facilities to AED 699.1 billion at the end of March compared to AED 685.8 billion …
Read More »Dubai Financial Market rises 3.5%
14-05-2019 Media in\ Dubai The general index of the Dubai Financial Market (DFM) has rebounded since the opening of today’s session, and gained 3.5% at 2613 points. The strong market rally was supported by the leading stocks, especially in the real estate and banking sectors, and the MSCI announcement came …
Read More »The Sustainability Excellence Award in DP World’s Supply Chain
14-05-2019 Media in\ Dubai Dubai Ports World (DP World) has honored the petrochemical sector for its efforts to create a more efficient and sustainable supply chain by winning the Sustainable Supply Chain Award at the GPCA Supply Chain Conference. The Director of Business Development at DP World, UAE, received the …
Read More »ADFSA Signs MoU with Korean Rural Development Administration
14-05-2019 Media IN Abu Dhabi The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) signed, on Tuesday, a memorandum of understanding with the Korea Rural Development Administration (KRDA), to strengthen cooperation in agricultural research and modern technology, which supports the agricultural sector in Abu Dhabi. Held at its headquarters in …
Read More »Abu-Dhabi Global Markets enhances guidance on regulation of crypto Assets
Media IN Abu-Dhabi, 14-05-2019 The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Markets (ADGM) has enhanced its ‘Guidance for the Regulation of Crypto Asset Activities’. Richard Teng, the Chief Executive Officer, FSRA of ADGM, said, “The enhanced guidance is a response to the rapidly changing technologies and crypto …
Read More »An ”Authorised Economic Operator” pact signed between UAE and KSA
Media IN Riyadh 14-05-2019 The UAE and Saudi Arabia signed an Authorized Economic Operator (AEO) agreement yesterday in Riyadh by Customs Commissioners and Chairman of the Federal Customs Authority, and Governor of the General Customs Authority. The agreement aims to improve the customs cooperation between the two countries and facilitate …
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