Media IN Abu Dhabi 9th-07-2019 The Abu Dhabi Securities Exchange (ADX) has seen a positive performance on Tuesday, backed by the banks and the investment sectors. By the end of Tuesday’s trading session, the ADX’s general index edged up 11.63 points, or 0.23%, to 5,022.17 points. Trading volume amounted to …
Read More »ENOC Group launches new service station in Fujairah
Media IN Dubai 9th-07-2019 Emirates National Oil Company (ENOC Group), a wholly-owned global diversified energy group of the government of Dubai, on Tuesday announced the opening of a new service station in Fujairah. According to a press release on Tuesday, the opening of Al Faseel service station in Fujairah comes …
Read More »Global Shares Mixed on Tuesday
Media IN TOKYO, July 09, 2019, SPA France’s CAC 40 lost 0.6% in early trading to 5,557.33, while Germany’s DAX slipped 1.1% to 12,403.66. Britain’s FTSE 100 fell 0.4% to 7,523.11. U.S. shares were set for a retreat, with Dow futures dipping 0.4% to 26,685. S&P 500 futures lost nearly …
Read More »Kuwait oil price escalates to US$64.86 per barrel
Media IN KUWAIT, 9th July, 2019 (WAM) According to Kuwait Petroleum Corporation, the price of Kuwaiti oil went up US$1.55 to $64.86 per barrel compared to $63.31 per barrel last Friday. On a global level, the Brent Blend crude went up 12 cents to $64.11 per barrel, the same case …
Read More »$ 33 million drop on foreign investment in Jordan
Media In / Amman 9 July 2019 Net foreign direct investment (FDI) in Jordan fell by 33 million dollars in the first quarter of this year, the lowest decline in a year. Preliminary data released by the Central Bank of Jordan showed that foreign direct investment fell to 251 million …
Read More »Abu Dhabi’s trade with Saudi Arabia soars to 20 percent in 4 months 2019
Media IN ABU DHABI, 9th July, 2019 (WAM) According to figures released by the Statistics Centre, the value of trade in goods between the Emirate of Abu Dhabi and Saudi Arabia has increased to AED18.3 billion during the first four months of 2019, a growth of 20.6 percent compared with …
Read More »Dubai Airports inaugurates High-tech System to Monitor DXB Operations in Real-time
Media IN Dubai 9th-07-2019 Dubai Airports on Tuesday announced the launch of a high-tech system, ‘realtimeDXB’, to monitor operations in real-time at Dubai International (DXB). The bespoke cloud-based platform simulates traffic flows to enhance operations at the world’s busiest airport by collecting data generated by over 50 operational systems, including …
Read More »Nasdaq Dubai to form operational linkages with Astana International Exchange
Nour Sultan, Kasakhstan, 9th July, 2019 (WAM) Nasdaq Dubai has signed an agreement with Kazakhstan’s Astana International Exchange (AIX) with the aim to build a close operational relationship between the central securities depositories (CSDs) of both markets. The agreement was signed by chief executive of AIX Tim Bennett and chief …
Read More »“ADIB Direct” a new integrated digital banking platform”
Media IN Abu Dhabi 9th-07-2019: Abu Dhabi Islamic Bank (ADIB), a leading financial institution based in Abu Dhabi, on Tuesday announced the launch of its latest intuitive digital banking platform for all businesses, “ADIB Direct”. According to a press release, ADIB Direct integrates a number of banking solution for businesses …
Read More »Abu Dhabi Department of Economic Development adds commercial, service activities to industrial license
Media IN Abu Dhabi 8th-07-2019 The Abu Dhabi Department of Economic Development (ADDED) has issued a new administrative resolution, Number 70 of 2019, that enables licensed industrial companies within the UAE’s capital to add commercial and service activities to their existing licences. The move is part of the ADDED’s strategy …
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