News

Dubai, 01-07-2019 Emirates Islamic Bank has signed an agreement with Emirates Bank for Development (EAD) to become the first Islamic bank to join the SME Finance Guarantee Program in a move that reflects the commitment of the two parties to accelerate the growth of this vital sector in the UAE. …

  Sharjah 01-07-2019 / WAM The Department of Economic Development in Sharjah organized two workshops to promote Birq’s license for business incubators in cooperation with the Higher Colleges of Technology. The most important data on the legal requirements and obligations of the license were presented at the Higher Colleges of …

Manama, 01-01-2019 Bahrain General Index closed at 1,475.62, up 4.59 points from the previous close, while the Bahrain Islamic Index closed at 755.90, down 2.05 points from the previous closing rate. The volume of shares traded 3 million 920 thousand and 665 shares with a total value of 155 million …

Media IN VIENNA, 1st July, 2019 (WAM) OFID – the OPEC Fund for International Development and Ameriabank have signed a US$25 million loan agreement aimed at supporting trade flows to and from Armenia. Cooperation between OFID and Ameriabank dates back to 2015. The first facility supported small- and medium-sized enterprises …

Media IN SINGAPORE, 1st July, 2019 (WAM) The Dubai Chamber of Commerce and Industry has announced that it has signed a memorandum of understanding (MoU) with the International Chamber of Commerce (ICC) and Perlin, making it the first chamber of commerce in the world to offer innovative blockchain solutions developed …

Media IN DUBAI, 1st July, 2019 WAM The Telecommunications Regulatory Authority, TRA, hosted the 22nd meeting of the Executive Team of the National Online Services Index, one of the indicators of the UAE Vision 2021 National Agenda, to review the achievements of the plan based on the six phases concept, …

Media IN DUBAI, 1st July, 2019 (WAM) DP World PLC has confirmed the acquisition of 100% of Topaz Energy and Marine Limited from Renaissance Services SAOG and Standard Chartered Private Equity/Affirma Capital for an enterprise value of US$1,079M. Topaz is a leading international provider of marine logistics and solutions to …

Media IN Dubai – 1st-07-2019 Dubai Electricity and Water Authority (DEWA) organised a number of workshops to discuss how quantum computing can be used in electricity and water production processes. A number of quantum computing experts from Microsoft participated in the workshops, which were attended by DEWA management and specialists. …

Media IN Riyadh, 01 July 2019 SPA Saudi Grains Organization (SAGO) has completed the procedures of the third batch for importing 730,000 tons of solid wheat during the period September – November 2019 , from the origins of the European Union, Australia, South and North America ( except Canada). SAGO …

Media IN Manama, July 1 (BNA): Gulf Air, Bahrain’s national carrier is set to increase its direct Delhi service from two to three daily flights starting from July 9. Gulf Air has provided direct air services between India and Bahrain since 1960, operating 75 weekly flights to eight destinations in …