ABU DHABI, 25th March 2020 (WAM) The Abu Dhabi Government has unveiled a comprehensive package of financial incentives, in line with the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu …
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ABU DHABI, 26th March, 2020 (WAM) The Central Bank of the UAE, CBUAE, has directed banks to replenish ATMs with new banknotes of all denominations and to ensure the availability during the salary payment cycle this month. According to a press release issued by CBUAE, the move is in line …
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VIENNA, 19th March, 2020 (WAM) The price of OPEC basket of thirteen crudes stood at US$27.31 a barrel on Wednesday, 18th March 2020, compared with US$30.36 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Algeria), Girassol …
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ABU DHABI, 18th March, 2020 (WAM) Driven by the latest incentive stimulus packages, and the recent decision to set a 5 percent decline limit, UAE stocks gained AED12.5 bn in market cap by the end of Wednesday’s session. The improved investor sentiments following the recent stimulation decisions to prop up …
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ABU DHABI,18th March, 2020 (WAM) Khalifa Industrial Zone Abu Dhabi, KIZAD, a subsidiary of Abu Dhabi Ports, today announced that it has implemented the 25 percent reduction in land lease tariff for new contracts as announced by Abu Dhabi Executive Council. The tariff reduction will help companies setting up in …
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Abu Dhabi, 14th March, 2020 (WAM) The Central Bank of the UAE, CBUAE, has launched an AED100 billion comprehensive targeted economic support scheme for retail and corporate customers affected by COVID-19. These measures will enter into force with immediate effect, according to a CBUAE statement issued Saturday. “Given that the …
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Riyadh, 14 March 2020, SPA The Saudi Arabian Monetary Agency announced the preparation of a program whose value amounts to about (50) billion riyals, aimed at supporting the private sector and enabling it to play its role in promoting economic growth, in the framework of supporting the efforts of the …
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Vienna, Austria, 10 March 2020 The price of OPEC basket of fourteen crudes stood at $34.71 a barrel on Monday, compared with $48.33 the previous Friday, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol …
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Dammam, March 10, 2020 SPA His Royal Highness Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province, in his office at the Emirate’s Court today, reviewed the annual report of the Eastern Chamber of the past year, submitted by the President of the Chamber, Abdul Hakim Al Khalidi, …
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SHARJAH, 9th March, 2020 (WAM) Air Arabia has announced that it is offering more flexibility to its customers by introducing a new modification fee waiver policy in light of the current travel restrictions and to allow customers the choice of changing travel dates. According to a press release issued by …
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