News

Media IN Abu Dhabi  14th-07-2019 The Abu Dhabi Securities Exchange (ADX) has maintained its bullish trend for the ninth consecutive trading session on Sunday, backed by the real estate sector. The DFM’s general index edged up 13.53 points, or 0.27%, ending today’s trading session at 5,065.95 points. Trading volume amounted …

Media IN Jeddah, July 14, 2019 The Board of Executive Directors of the Islamic Development Bank (IDB) Group has approved the financing of several new projects worth $ 340 million in Burkina Faso, Kazakhstan and Mozambique, a technical assistance grant to the Republic of Suriname, an endowment project from of …

Media IN DUBAI, 14th July, 2019 (WAM) Smart Dubai has launched “Data First, The City’s Data Challenge”, a six-month-long challenge that brings together Smart Dubai’s government and semi-government data partners to underline the importance of collaborative efforts in data management, collection and insight generation. The challenge will recognise the three …

Media IN Riyadh, July 14, 2019, SPA The National Waste Management Center, the Riyadh Municipality and the Saudi Investment Recycling Company, a wholly owned subsidiary of the Public Investment Fund, signed a tripartite memorandum of understanding (MoU) today, to start integrated waste management and waste recycling activities in Riyadh. Under …

Media IN Dhahran, July 14,2019,SPA Saudi Aramco has announced the new fuel prices for the third quarter (Q3) of 2019 The prices are as follows : Benzene 91 in Q2 2019 was at  1.44 SR per liter now to 1.53 SR in the Q3. Benzene 95 in Q2 2019  was …

Media IN DUBAI 13th-07-2019 The Dubai Multi Commodities Centre (DMCC) has signed two memoranda of understanding (MoU) with the Hangzhou China Council for the Promotion of International Trade (CCPIT) and the Department of Commerce of Shandong Province in Qingdao. Under the agreement, the organisations will cooperate to support, strengthen and …

Media IN ABU DHABI, 13th July, 2019 (WAM) The Ministry of Economy announced a new amended fee and fine structure for a package of 110 services in the implementation of Cabinet Resolution No. (51) of 2019 on reduction of government services fees it provides to customers and businesses. According to …

Media IN DUBAI, 13th July 2019 (WAM) Union Coop, reported a 20% growth in net profit for the first half of 2019, compared to the previous year. The net profit for 2018 was AED 237.7 Million, whereas 2019 reported AED 284.6 Million net profit, which is a surge of AED …

Media IN ABU DHABI, 13th July, 2019 (WAM) Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, is mandated to represent the UAE at the Bank’s meetings and events and on its board.  Following last year’s event in Mumbai, India, the 2019 meeting ran from …

Media IN Manama, July 13 (BNA): According to the invitation announced by the Central Bank of Bahrain (CBB), Starting sunday Bahraini and non-Bahraini investors can directly subscribe through the primary market of BHB in the Government Development Bond Issue 18 that has been issued by the CBB on behalf of …