Abu Dhabi, June 22 / The UAE Central Bank revealed that cash deposits increased to 660.1 billion dirhams last April, an increase of 5.5% on an annual basis, or the equivalent of 34.1 billion dirhams, compared to 626 billion dirhams in April 2022. And the Central Bank stated, in the …
Read More »Gold loses 4 dollars and retreats to its lowest level in 3 months
Capitals, June 22 / Gold prices fell during today’s trading, losing more than $4, to reach their lowest levels in more than 3 months. And by 09:11 am Emirates time, the yellow metal fell by 0.22 percent, or the equivalent of $ 4.17, to reach $ 1928.56 an ounce. Gold …
Read More »UAE banks’ investments in bonds exceed 100 billion dirhams in 12 months
Total investments by banks in the UAE increased during the first four months of the year 2023, by 4.5%, equivalent to 23.5 billion dirhams, to reach 551 billion dirhams, with an increase in April of 2.4 billion dirhams, and 74.2 billion dirhams within 12 months. According to the data, banks …
Read More »After organizing the best World Cup in history, Qatar’s economy continues to thrive in order to achieve Vision 2030
To the recipients… Here is the economic bulletin of the Qatar News Agency “QNA”… within the economic file of the Federation of Arab News Agencies “Fana”. Doha, June 21 / The State of Qatar’s hosting of the FIFA World Cup “Qatar 2022” was an important milestone on the road to …
Read More »Gold loses $3 in spot transactions
Capitals on June 21 / Gold prices fell during today’s trading, and lost more than $3 in spot transactions. And by 09:58 am Emirates time, the yellow metal fell by 0.16 percent, or the equivalent of $ 3.13, to reach $ 1933.38 an ounce. Gold contracts for August 2023 delivery …
Read More »“طاقة” توقع اتفاقية للاستحوذ على شركة “حلول المياه المستدامة القابضة” بقيمة 1.7 مليار درهم
Sorry, this entry is only available in العربية. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language. أبوظبي في 21 يونيو/ أعلنت شركة أبوظبي الوطنية للطاقة “طاقة”، اليوم ، التي تمتلك استثمارات وعمليات تشغيلية …
Read More »Abu Dhabi Ports signs a concession agreement to manage and operate a multi-purpose marine terminal in Pointe-Noire, Congo
Abu Dhabi, June 20 / Abu Dhabi Ports Group today signed a 30-year concession agreement with the government of the Republic of the Congo, to manage and operate the “New East Mall” multi-purpose terminal in the port of “Pointe-Noire” in the Republic of the Congo. The agreement was signed by …
Read More »The new commercial agency regulation law comes into force after 4 decades of the previous system
The new law regulating commercial agencies in the UAE, which bears No. (3) for the year (2022), entered into force last Friday, June 16, 2023, after 41 years of implementing the previous law. Under the new law, the practice of commercial agency business within the UAE is limited to national …
Read More »Five banks increase their capital by 3.22 billion dirhams during 2023, after three banks during the past two years.
5 banks have increased their capital in the UAE since the beginning of this year, by 3.22 billion dirhams, which are the “Sharjah” banks, “International Commercial Bank”, “Ajman Bank”, “Ras Al Khaimah National” and “Emirates Investment Bank”. During the past two years, 3 other banks, Mashreq Bank, National Bank of …
Read More »Dubai Customs accompanies the comprehensive economic partnership agreements with special policies
Dubai Customs keeps pace with the comprehensive economic partnership agreements between the UAE and a number of major countries in the global and regional trade markets, as the country has so far signed comprehensive economic partnership agreements with 4 countries, namely India, Israel, Indonesia and Turkey, and with the entry …
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