Media IN/Abudhabi/ 12th May, 2019 Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced today that it would be postponing a monthly instalment for its personal finance customers at no extra charge. The postponement will help ADIB’s customers manage their finances during the Holy Month of Ramadan, which is …
Read More »Financial facilities for water, gas and electricity projects within 3 months
12-05-2019 Media in\ Abu Dhabi Water, electricity and gas projects have been particularly important in the list of projects that UAE banks have been keen to provide financing for, which grew by 8.2% and AED 1.4 billion during the first quarter of 2019. The figures issued by the Central Bank …
Read More »ADNOC Distribution announces a five-year expansion plan within and outside the country
12-05-2019 Media iN\ New York Saeed Mubarak Al Rashidi, Acting CEO of ADNOC Distribution, announced that the company intends to expand its business and investment services in all emirates, especially in Dubai, which currently serves only four stations. A new station equivalent to the establishment of 15 additional stations per …
Read More »Sharjah Container Terminal welcomes M.V. MAG Pearl
Media IN/Abu-dhabi/ 12th May, 2019 Today Gulftainer has announced that it welcomed M.V. MAG Pearl from MAG Container Lines (MCL) on a maiden call at its flagship gateway, Sharjah Container Terminal (SCT), marking the port operator’s third new service within the first quarter of 2019. “We are delighted to welcome …
Read More »FDI Committee determines sectors legible for full investment
Media IN/Abudhabi/ 12-05-2019 The Foreign Direct Investment Committee (FDI Committee) has held its second meeting in Dubai to review the proposed list of sectors eligible for full foreign direct investment. The meeting which was Chaired by Sultan Bin Saeed Al Mansouri, Minister of Economy, discussed necessary controls and requirements in …
Read More »Brazil’s Azul Reports Net Income of R$137.7 Million in Q 1 2019
Media IN/Abu-dhabi/ 12 May 2019 AZUL is one of the largest airline in Brazil by number of flights and cities served. It announced its results for the first quarter of 2019. While presenting the report, one of the officials said that the financial information, is presented in Brazilian reais and …
Read More »China’s Unemployment rate fell by 3.67 percent in Q1 2019
Media IN/Abu-dhabi/12-05-2019 Unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. China Unemployment Rate as per May, 2019 decreased to 3.67 percent from 3.80 percent in the fourth quarter of 2018. Unemployment Rate in China averaged 4.09 percent from 2002 …
Read More »IRELAND records 6.7 percent growth in GDP 2018-19
Media IN/Abudhabi/ 12-05-2019 The Central Statistics Office (CSO) indicate that the Irish economy performed strongly last year. The Irish economy, as measured by Gross Domestic Product (GDP), grew by 6.7% in volume terms up to €312.5 billion, while real Gross National Product (GNP), which takes account of income inflows to, …
Read More »Expo 2020 releases animation film on ghaf tree and its symbolism
Media IN/Abudhabi/ 11th May, 2019 A new animation film was released by Expo 2020 Dubai, showcasing the ghaf tree, and how it symbolises Expo 2020’s message of unity and collaboration. The animated short film tells the story of ‘Salama’, a wise character based on a real-life ghaf tree preserved on …
Read More »Ajman Finance holds a workshop on preparation of the draft general budget of the Emirate of 2020
11-05-2019 Media in\ Ajman The Ajman Department of Finance held a workshop on the preparation of the draft general budget of the Government of Ajman for the fiscal year 2020 within the general financial plan of the Government for the financial years 2019-2020-2021 in the presence of representatives from various …
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