DUBAI 06-08-2019 Dubai Commercial Bank has signed a partnership agreement with Xpress Money to provide international remittance services to Pakistan and the Philippines for its customers as part of Phase I and will be implemented through the Xpress Money FLEX Business Platform. The agreement was signed by Amit Malhotra, General …
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Dubai, 06-08-2019 Dubai Aerospace Enterprise (DAE) announced that in the first half of 2019 it achieved revenues of US $ 726.9 million compared to US $ 2017.711 million in the first half of last year, while profit of US $ 197.1 million compared to US $ 195.2 million in the …
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ABU DHABI 5th August 2019 WAM The market value of UAE capital markets rose to a 19-year high of nearly 910 billion dirhams last July, with many international firms expecting a trillion-dollar barrier by the end of 2019. The market capitalization of UAE listed companies at the end of the …
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ABU DHABI, 4th August, 2019 (WAM) ADNOC Distribution today reported that its first-half 2019 net profit increased by 4.3 percent, to AED1.173 billion, compared with the same period last year. Free cash flow (EBITDA minus capital expenditures) generation was up 21 percent year-on-year to AED1.345 billion in the first half …
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DUBAI, 4th August, 2019 (WAM) Following final regulatory approvals on the transaction with Abu Dhabi Financial Group, ADFG, SHUAA Capital has announced the completion of the merger with ADFG and the raising of its Authorised Capital from AED1,065,000,000 to AED2,535,720,000. This comes following the admission of 1,470,720,000 new shares on …
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DUBAI, 4th August, 2019 (WAM) The Dubai Business Women Council, DBWC, has called on female Emirati entrepreneurs to become members and benefit from a wide range of competitive advantages to add to their business and investment activities. The council aims to increase the rate of Emirati businesswomen and entrepreneurs to …
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ABU DHAB, 4th August, 2019 (WAM) The total combined revenue of 50 companies listed on the Abu Dhabi and Dubai financial markets rose to AED33.73 billion in the first half of 2019, increasing by 14.7 percent compared to the same period in 2018. A survey conducted by the Emirates News …
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ABU DHABI, 3rd August, 2019 (WAM) In collaboration with local customs administrations, the Federal Customs Authority has initiated executive procedures to unify customs system across the UAE. The move is meant to authorise common customs electronic system within all local customs administrations and border zones to contribute to cementing the …
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Sharjah, August 3, 2019 and WAM The Sharjah Summer Show, organized by the Sharjah Chamber of Commerce and Industry (SCCI), will be held annually with the entry of the second month, in light of the Chamber’s announcement of offering a range of incentive privileges to participating shop owners and shoppers. …
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RAS AL KHAIMAH, 3rd August, 2019 (WAM) So far 33 countries have confirmed their participation in the first and largest international exhibition for small and medium-sized enterprises, SMEs, which Ras Al Khaimah will host next November, organisers said. Mohamed Musabbeh Al Nuaimi, Chairman of the RAK Chamber of Commerce and …
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