02-05-2019 Media in\ Riyadh The Saudi Development Fund signed a Saudi export guarantee certificate for cement services for the industry through its Saudi export program covering the company’s exports of its products from the metal sinks and conveyor belts to more than seven million Saudi riyals. The document was signed …
Read More »
02-05-2019 Media in\ Abu Dhabi Total value of investments of banks operating in the UAE increased to AED 367.8 billion during the first quarter of 2019, a growth of 10.5% to AED 35 billion compared to the end of 2018, according to figures released by the Central Bank of the …
Read More »
Media IN/ Thursday, May 2nd, 2019 7:38am  Media IN/ BRAZIL, 2nd May, 2019 (WAM) Today Emirates airline announced a new codeshare partnership agreement with LATAM Airlines Brazil covering domestic services in Brazil, providing greater choice and connectivity to its customers. According to the agreement, Emirates passengers travelling to and …
Read More »
01-05-2019 Media in\ Riyadh The Secretary-General of the International Maritime Organization (IMO), Kitak Lim, received the credentials of Maj. Essam Al-Amari, Permanent Representative of the Kingdom of Saudi Arabia to the Organization’s headquarters in London, in the presence of Chargé d’Affaires of the Custodian of the Two Holy Mosques in …
Read More »
Media IN / London 02-05-2019 Gold fell to its lowest level after comments from Federal Reserve Chairman Jerome Powell shattered hopes of a rate cut soon, boosting the dollar and Treasury yields. At 0610 GMT, spot gold was down 0.3% at $ 1272.01 an ounce, after falling to $ 1270.76, …
Read More »
Media IN/ FUJAIRAH, 2nd May, 2019 (WAM) As a result of the steady business growth and margin improvement, the operating profit of the National Bank of Fujairah (NBF) rose 15 percent to reach AED285.1 million. This was announced by NBF for the three-month period ended 31st March, 2019. The NBF …
Read More »
Media IN/ ABU DHABI, 2nd May, 2019 (WAM) Hub71, a global tech hub driven by Mubadala in collaboration with Microsoft, SoftBank Vision Fund and Abu Dhabi Global Market, announced that two new partners, Techstars and Starburst, will join Hub71 in Q4 of this year. Hub71 is a key initiative …
Read More »
Media IN / London 01-05-2019 WAM Ithra Dubai, which is wholly owned by Investment Corporation of Dubai, ICD, has announced that it had entered into an agreement with luxury accommodation operator, Cheval Collection, to manage its newest mixed-use project, located in Barsha Heights, Dubai. The announcement was made today at …
Read More »
01-05-2019 Media in\ Abu Dhabi The Abu Dhabi Council for Economic Development, ADCED, announced that its “Sharaka” initiative has been linked to TAMM, the Abu Dhabi Government’s services system, in an effort to improve the government’s smart services, enhance its partnership with the private sector and build a flourishing local …
Read More »
01-05-2019 Media in\ Abu Dhabi The Ministry of Finance today signed a Memorandum of Understanding (MoU) with Abu Dhabi international Bank and the International Bank for Reconstruction and Development (IBRD) to establish the Center for Global Technology in the UAE. Human capital and growth in the Arab Gulf states as …
Read More »
Media ININ Economy We Trust