Dubai 28-10-2019 Emirates NBD reported a net profit of AED 12.5 billion in the first nine months of 2019, a 63% increase over the same period in 2018. These results include AED 4.4 billion in proceeds from the sale of a stake in Network International. Emirates NBD, listed on the …
Read More »AED 1.046 trillion worth of re-export trade during the last three years
Abu Dhabi 28-10-2019 The UAE has reinforced its role as a regional center for re-export trade over the past few years with the support of a competitive environment classified as the most attractive in the regional level in what is among the best in the world according to international specialized …
Read More »Ministry of Community Development Showcases Necklace and Honors Winners of Ibda’a at Abu Dhabi Jewelery
Dubai 27-10-2019 The Ministry of Community Development participates in the Jewelery and Watches Exhibition in Abu Dhabi 2019 by showcasing a range of exclusive products made by the girls of the people of concern “necklace, bracelets, bism, brooch, etc.” in the context of supporting and empowering the people who are …
Read More »AED 1.2 billion property transactions in Dubai today
Dubai 27-10-2019 The real estate transactions of Dubai Land Department today reached more than AED 1.2 billion. The Department witnessed 179 sales of AED 450 million of which 21 were land sales worth AED 175 million and 158 sales of apartments and villas valued at AED 275 million. The most …
Read More »“Federal Taxes”: Implementation of the second phase of the system of “distinctive marks on tobacco and its products” in early November
Abu Dhabi 27-10-2019 The Federal Tax Authority has completed preparations for the implementation of the second phase of the system of labeling tobacco and its products to include all types of hookah tobacco known as moussil and tobacco rolls intended for electric heating, which will come into effect on November …
Read More »Dubai Chamber highlights untapped potential of UAE exports to Africa
Dubai 27-10-2091 / WAM The UAE’s exports to African countries have recorded good growth rates over the past decade, according to Dubai Chamber readings, which confirmed the possibility of doubling these exports in most product categories in the future, as the UAE maintains its continuous efforts to develop its position …
Read More »Abu Dhabi Commercial Bank posts AED 4.19 billion profit in 9 months
Abu Dhabi 27-10-2019 Abu Dhabi Commercial Bank posted a net profit of AED 4.196 billion at the end of the first nine months of 2019, while net profit of AED 1.413 billion during the third quarter of this year, according to the preliminary financial results of the consolidated entity. The …
Read More »Five agreements signed by the National Center for Palm and Dates with the aim of marketing Saudi dates locally and internationally
Riyadh 26 -10-2019 \ SPA The National Center for Date Palm concluded its participation in the 38th Saudi Agricultural Exhibition, which was held in Riyadh during the period 21 – 24 October 2019, amid the presence of a number of agents, ambassadors, investors and those interested in the date and …
Read More »US stocks end higher
NEW YORK 25 -10-2019 \ SPA US stock indices closed higher today. The Dow Jones industrial average rose 150.36 points, or 0.56 percent, to 26,955.89 points, while the broader Standard & Poor’s 500 Index rose 0.40 percent, or 11.96 points, to 3022.25. . The Nasdaq Composite gained 57.32 points, or …
Read More »China and Brazil seek to strengthen their trade relations
BEIJING 26 -10-2019 \ SPA China and Brazil are seeking to strengthen their trade relationship and cooperation between the two emerging economies. Chinese President Xi Jeping and his Brazilian counterpart, Jair Bolsonaro, currently visiting Beijing, reiterated the strengthening of trade relations, the need to continue cooperation among emerging economies, as …
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