Dubai 27-10-2019 The real estate transactions of Dubai Land Department today reached more than AED 1.2 billion. The Department witnessed 179 sales of AED 450 million of which 21 were land sales worth AED 175 million and 158 sales of apartments and villas valued at AED 275 million. The most …
Read More »“Federal Taxes”: Implementation of the second phase of the system of “distinctive marks on tobacco and its products” in early November
Abu Dhabi 27-10-2019 The Federal Tax Authority has completed preparations for the implementation of the second phase of the system of labeling tobacco and its products to include all types of hookah tobacco known as moussil and tobacco rolls intended for electric heating, which will come into effect on November …
Read More »Dubai Chamber highlights untapped potential of UAE exports to Africa
Dubai 27-10-2091 / WAM The UAE’s exports to African countries have recorded good growth rates over the past decade, according to Dubai Chamber readings, which confirmed the possibility of doubling these exports in most product categories in the future, as the UAE maintains its continuous efforts to develop its position …
Read More »Abu Dhabi Commercial Bank posts AED 4.19 billion profit in 9 months
Abu Dhabi 27-10-2019 Abu Dhabi Commercial Bank posted a net profit of AED 4.196 billion at the end of the first nine months of 2019, while net profit of AED 1.413 billion during the third quarter of this year, according to the preliminary financial results of the consolidated entity. The …
Read More »Five agreements signed by the National Center for Palm and Dates with the aim of marketing Saudi dates locally and internationally
Riyadh 26 -10-2019 \ SPA The National Center for Date Palm concluded its participation in the 38th Saudi Agricultural Exhibition, which was held in Riyadh during the period 21 – 24 October 2019, amid the presence of a number of agents, ambassadors, investors and those interested in the date and …
Read More »US stocks end higher
NEW YORK 25 -10-2019 \ SPA US stock indices closed higher today. The Dow Jones industrial average rose 150.36 points, or 0.56 percent, to 26,955.89 points, while the broader Standard & Poor’s 500 Index rose 0.40 percent, or 11.96 points, to 3022.25. . The Nasdaq Composite gained 57.32 points, or …
Read More »China and Brazil seek to strengthen their trade relations
BEIJING 26 -10-2019 \ SPA China and Brazil are seeking to strengthen their trade relationship and cooperation between the two emerging economies. Chinese President Xi Jeping and his Brazilian counterpart, Jair Bolsonaro, currently visiting Beijing, reiterated the strengthening of trade relations, the need to continue cooperation among emerging economies, as …
Read More »Sharjah Chamber begins receiving the first batch of trainees 101 Trade Center
Sharjah 266-10-2019 Sharjah Chamber of Commerce and Industry (SCCI) has started receiving the first batch of trainees and trainees from the Small and Medium Enterprises Center Tijara 101, one of the Chamber’s recently announced initiatives during the sixth session of the GCC Human Resources and Labor Market Conference. The Center …
Read More »Abu Dhabi Economic Department organizes a seminar on empowering women in the industrial sector
Abu Dhabi 26-10-2019 Abu Dhabi Department of Economic Development (DED) organized a seminar entitled “Empowering Women in the Industrial Sector” ahead of the hosting of the 18th Conference of the Industrial Development Organization (UNIDO) from 3-7 November. HE Rashid Abdul Karim Al Balushi, Undersecretary of the Department, explained that the …
Read More »The Ajman Executive Committee reviews the growth rates of new licenses
Ajman 26-10-2019 / WAM / The Permanent Committee for Economic Development of the Executive Council in Ajman has reviewed the report of the movement of licenses for the first half of 2019 issued by the Department of Economic Development in Ajman, where the report revealed a continuous increase in the …
Read More »