Dubai 12-10-2019 / WAM Dubai Electricity and Water Authority (DEWA) has awarded the AED 981,960,889 construction contract for its new main building, Al Sheraa Building, to a consortium comprising Ghantoot Transport and General Contracting Company and Ghantoot Gulf Contracting. DEWA awarded the first phase of construction works worth Dh46 million …
Read More »Securities presents its vision for the development of sukuk markets in the Middle East and Africa
Abu Dhabi 12-10-2019 The Securities and Commodities Authority (SCA) participated in the “Sukuk Markets Development in the Middle East and Africa Region” Forum in Abu Dhabi in collaboration with IFSB and the Regional Commission for Africa and the Middle East (AMERC). IOSCO, Dubai Islamic Economic Development Center, Gulf Bonds and …
Read More »Abu Dhabi consumer prices drop 1.0% in September
Abu Dhabi 12-10-2019 The Statistics Center – Abu Dhabi (SCAD) confirmed that the consumer price index (CPI) decreased by 0.9% during the period January-September 2019 compared to the same period of 2018, where the index reached 110.9% for the period January-September of 2019, while it was 111.9% for the same …
Read More »Dubai Air Navigation Services Renews Joint Cooperation Agreement with CIRCO
Dubai 12-10-2019 / WAM Dubai Aeronautical Services (DANZ) has renewed a two-year joint venture agreement with the UK’s Circo Limited. The agreement was signed by HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Aviation Authority, Chairman of Emirates Group, Chairman of Dubai Air Navigation Services, and Phil Malm, …
Read More »Breakblock Middle East “kicks off February 25th
Dubai 12-10-2019 / WAM The fifth edition of the BRIC Black Middle East Conference and Exhibition will kick off on 25 February at the Dubai World Trade Center (DWTC), bringing together a wide range of leading companies and decision makers in the Middle East. The GCC focuses on the importance …
Read More »The Board of Trustees of the Sharjah Excellence Award discuss the work plan of the fourth session
Sharjah 12-10-2019 / WAM The Board of Trustees of the Sharjah Award for Excellence, one of the initiatives of the Sharjah Chamber of Commerce and Industry, reviewed the progress and work plan of the Award during the second and third quarters of this year as part of the preparations for …
Read More »US stocks open higher
NEW YORK 11 -10-2019 \ SPA The US stock market opened higher today, with investors expecting high-level trade talks between the United States and China to result in a partial trade deal and delay planned US tariff increases. The Dow Jones industrial average was up 197.53 points, or 0.75 percent, …
Read More »Saudi Build 2019 concludes with over 23,000 visitors
Riyadh 11 – 10 – 2019 \ SPA Saudi Build 2019 recently concluded its 31st edition at the Riyadh International Convention and Exhibition Center, where it received more than 23,000 visitors, with the participation of more than 520 major international and local brands from 34 countries. . The Saudi Construction …
Read More »Tunis Stock Exchange closes lower
Tunisia 11 -10-2019 \ SPA The main index of the Tunisian Stock Exchange “Tonandex” trading today down 0.09%, to reach 7002.24 points. The volume of traded funds amounted to 1.847 million Tunisian dinars, amid the rise of the shares of 23 companies listed on the stock exchange, and the decline …
Read More »London’s main index closed higher
Den 11 -10-2019 \ SPA London’s benchmark FTSE 100 index closed higher today. The index, which includes the top 100 companies in the London Stock Exchange gained 0.84%, equivalent to 60.72 points, to reach the level of 7247.08 points.
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