DUBAI, 4th November, 2019 (WAM) LinkedIn, the world’s largest professional network, announced the global launch of Open for Business, a new feature that allows freelancers and small business leaders to add their services to their LinkedIn profiles, making them discoverable from a LinkedIn search. The global feature launch kicked off …
Read More »HH Deputy Emir of Hail sponsors the agreement to establish the Hail Incubator Program
Hail 03 November 2019 His Royal Highness Prince Faisal bin Fahd bin Muqrin bin Abdulaziz, Deputy Emir of Hail Region and Vice Chairman of the Council of Tourism Development and Chairman of the Executive Committee of the Council, sponsored the signing of an agreement to establish Hail Tourism Incubator Program …
Read More »Central Bank raises gold holdings to 2.71 billion dirhams in September
Abu Dhabi 3 November 2019 The UAE Central Bank continued to strengthen its gold bullion balance of AED 2.71 billion, an increase of AED 1.6 billion and a growth of nearly 39% during the first nine months of 2019. The central bank’s balance of gold bullion reached 1.134 billion dirhams …
Read More »Saudi Aramco announces intention to offer IPOs on domestic stock market
RIYADH, 3rd November 2019 (WAM) Saudi Aramco, the world’s largest integrated oil and gas company, wholly owned by the Government of the Kingdom of Saudi Arabia, on Sunday announced its intention to proceed with an initial public offering (IPO) on Riyadh’s Tadawul Stock Exchange. The Government intends to sell a …
Read More »“Trade” invites the private sector to obtain commercial records data electronically and free of charge
Riyadh 02 November 2019 The Ministry of Trade and Investment called on all private sector establishments to benefit from the process of making the details of commercial records available to companies and institutions free of charge through the portal “Wathiq”, where the number of beneficiaries of these data reached 402 …
Read More »Manufacturing contributes 12.1 percent to Abu Dhabi’s non-oil GDP
ABU DHABI, 2nd November, 2019 (WAM) The manufacturing activities contributed 12.1 percent to Abu Dhabi’s non-oil GDP in 2018, ranking first among 17 major activities, according to a top official in the UAE capital.. In statements marking the UAE capital’s hosting of the 18th session of the General Conference of …
Read More »Expo 2020 to create positive socio-economic impact MENA: Forum
DUBAI, 31st October, 2019 (WAM) Dubai aims to create a positive socio-economic impact on the UAE and the region through Expo 2020 and initiatives by the Dubai Future Foundation, officials from both entities said on Thursday at the INSEAD National Alumni Association UAE Leadership Forum. In a panel discussion at …
Read More »Strata sponsors ‘Gender Hub’ of joint UAE-UNIDO Exhibition
ABU DHABI, 1st November, 2019 (WAM) — The United Nations Industrial Development Organization, UNIDO, and the UAE Ministry of Energy and Industry, today announced that Strata Manufacturing, the advanced composite aero-structures manufacturing company wholly owned by Mubadala Investment Company PJSC, will sponsor the “Gender Hub”, The event will be organised …
Read More »ACWA Power signs a power purchase agreement for Egypt’s Aswan solar power project
Cairo, October 30, 2019 ACWA Power today signed an agreement with the Egyptian Electricity Transmission Company (EETC) to purchase power for a 200 MW solar power generation project (BOO) in Kom Ombo, Aswan, at a cost of about $ 200 million, in the presence of the Egyptian Prime Minister Dr. …
Read More »U.S. Fed Lowers Interest Rates
Washington, October 31, 2019, SPA — The Federal Reserve (Fed) on Wednesday cut interest rates for the third time this year to help sustain U.S. growth despite a slowdown in other parts of the world but signaled no further rate reductions ahead unless the economy deteriorates. The decision to cut …
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