News

RIYADH, April 10 2020 (WAM) Global rating agencies affirmed the strength and resilience of the Saudi economy despite the exceptional crisis the world is witnessing with the outbreak of the new Corona virus (Covid 19), by fixing the credit rating of the Kingdom. Yesterday, Fitch announced the confirmation of Saudi …

Islamabad 10 April 2020 WAM Pakistan has decided to restart some of the factories that were closed as part of the economic shutdown measures in order to limit the spread of the new Corona virus “Covid 19” to support the country’s exports, which are expected to witness a 50 percent …

ABU DHABI, 5th April, 2020 (WAM) The United Arab Emirates supports the proposal of the Kingdom of Saudi Arabia to call for an emergency meeting of OPEC+ and a group of other countries to ensure the balance and stability of the global oil market. ”A joint and combined effort by …

DUBAI, 4th April, 2020 (WAM) To help with the containment of the coronavirus outbreak, Dubai Customs has boosted its centers’ preparedness to provide all services to companies and complete transactions online. Companies can enjoy smart services of Dubai Customs to benefit from the excellent facilitations available, including booking an inspection …

ABU DHABI, 4th April, 2020 (WAM) The Abu Dhabi Department of Economic Development (ADDED) has issued a new circular extending the temporary closure of commercial centres, shopping malls, cinemas, electronic game halls (arcades) and other entertainment destinations in the emirate of Abu Dhabi until further notice. Mohammed Ali Al Shorafa, …

Riyadh, Apr 3, 2020, SPA His Royal Highness Prince Abdulaziz bin Salman Al Saud, Minister of Energy of the Kingdom of Saudi Arabia dismissed the remarks made by HE Minister of Energy of the Russian Federation, on Friday, which claimed that it was Saudi Arabia that declined to extend the …

Riyadh, March 31, 2020 SPA The Trade and Investment Ministers of the G20 held a virtual meeting yesterday, after the hypothetical meeting of the Extraordinary Leaders Summit to confront the Corona Virus (Covid 19), under the presidency of the Kingdom of Saudi Arabia for the Group of Twenty, with the …

VIENNA, 31st March, 2020 (WAM) The price of OPEC basket of thirteen crudes stood at US$21.66 a barrel on Monday, 30th March, 2020, compared with US$24.26 the previous Friday, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), …

Abu Dhabi March 31, 2020 WAM The Department of Economic Development – Abu Dhabi issued a decision to issue licenses to practice free business activities / Freelance / for 52 commercial activities, allowing citizens of the UAE to practice specific professions and activities in a professional manner and in a …

ABU DHABI, 25th March, 2020 (WAM) His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Chairman of the Executive Council of Abu Dhabi, has issued a decision appointing Tariq Bin Hendi as the Director-General of the …