News

BEIJING 18-10-2019 / WAM China’s economy grew by 6 percent in the third quarter of this year, the slowest rate in nearly three decades, the Chinese government announced today. China’s economy slowed from a 6.2 percent growth rate in the second quarter, under pressure from falling domestic demand and a …

Abu Dhabi 17-10-2019 The number of commercial licenses renewed in Abu Dhabi reached 79224 in 2018, according to the latest figures issued by the Abu Dhabi Statistics Center. The number of new business licenses registered last year reached 11,249 while the number of canceled licenses reached 3,867. The Abu Dhabi …

Sharjah 17-10-2019 The Sharjah Businesswomen Council in cooperation with the Department of Economic Development in Sharjah organized two workshops targeting entrepreneurs and small entrepreneurs on the principles of economic analysis and how to develop business through e-commerce, presented by Dr. Amr Saleh, Economic Advisor at the Department. The workshop, which …

Abu Dhabi 17-10-2019 Abu Dhabi National Oil Company (ADNOC), Adani Group, BASF SE and Borealis AG have signed a Memorandum of Understanding (MoU) to conduct feasibility studies to assess cooperation in the construction of a chemical industry complex in Mundra, Gujarat, India. The memorandum marks the second phase of Adani …

Dubai 17-10-2019 The real estate transactions in the Dubai Land Department achieved more than AED 5.7 billion this week, with 990 sales worth AED 1.9 billion, including 119 land sales worth AED 600 million and 871 sales of apartments and villas worth AED 1.3 billion. The most important land sales …

Dubai 17-10-2019 Deyaar’s revenues for the first nine months of the year reached AED 483.3 million, an increase of 3.6% compared to the same period in 2018, which amounted to AED 466 million and a net profit of AED 53 million. Saeed Al Qatami, Chief Executive Officer of Deyaar Development, …

Goa / India 17-10-2019 / WAM The Fujairah Free Zone Authority (FZA) represented by its Director General Sharif Habib Al Awadhi participated in the Goa Economic Summit, which was hosted today in Goa, India. Al Awadi reviewed the progress of the emirate of Fujairah under the directives of His Highness …

Abu Dhabi 16-10-2019 Emirates Water and Electricity Company (EEWC), a subsidiary of Abu Dhabi Energy Corporation (ADEC), the UAE’s leading provider of water and electricity planning, procurement and supply, has received six bids for the Fujairah F3 power plant project. The tender includes a stake in the project, development, financing, …

Ras Al Khaimah 16-10-2019 / WAM The Ras Al Khaimah Chamber has signed a Memorandum of Understanding (MoU) with the Executive Office of the Committee for Goods and Substances under Import and Export Control in Dubai. The memorandum was signed by Mohammed Hassan Al Sabb, Acting Director General of Ras …

Dubai 16-10-2019 Dubai Electricity and Water Authority (DEWA) announced the participation of 102 Chinese companies in the 21st edition of WETEX 2019, organized by DEWA from 21 to 23 October 2019 at the Dubai International Convention and Exhibition Center. The Dubai Solar Energy Exhibition, which coincides with WETEX, is the …