News

Media IN SHARJAH, 1st July, 2019 WAM The Sharjah Airport International Free Zone, SAIF ZONE, host to 8,000 companies, recently held a business meeting in Abu Dhabi, participated by more than 80 investors and businessmen representing multinational companies from Hong Kong, Malaysia, Singapore and representatives of business councils operating in …

Media IN TOKYO, July 01, 2019, SPA Japan’s benchmark Nikkei 225 added 2.1% to 21,729.97. Australia’s S&P/ASX 200 gained 0.4% to 6,648.10. South Korea’s Kospi was marginally higher at 2,131.05. Hong Kong’s markets were closed for a holiday. The Shanghai Composite rose 2.1% to 3,042.50. Benchmark crude oil rose $1.52 …

Media IN Riyadh –SPA 3Oth-06-2019 Saudi Arabian Military Industries (SAMI) announced signing a memorandum of agreement (MoA) with South Korean Hanwha Group’s three units; namely Hanwha Corporation, Hanwha Defense, and Hanwha Systems, Saudi Press Agency (SPA) reported on Sunday. The agreement aims to explore the possibility of establishing a joint …

Media IN Manamma, June 30, 2019, SPA Bahrain All Share Index has closed at 1,471.04 points marking an increase of 2.74 points above the previous closing. This increase was due to the rise in the Investment Sector, Services Sector and Hotels & Tourism Sector. Bahrain lslamic Index has closed at …

Media IN ABU DHABI   30th-06-2019 The national carrier of the United Arab Emirates, Etihad Airways has upgraded services on three key Asian routes this week, introducing larger aircraft to accommodate growing demand. Flights between the UAE capital, Abu Dhabi, and major two Chinese cities, Shanghai and Chengdu, have been upgraded …

Media IN DUBAI: 30th-06-2019 The Abu Dhabi Securities Exchange (ADX) said it will reduce its trading commission fees from July 1 by 50 per cent up to 90 per cent. ADX cost for annual transactions of less than Dh250 million will be 5 basis points (0.05 per cent) of the …

Media In /Amman June 30, The World Bank today announced its commitment to supporting Jordan, Iraq and Lebanon in realizing their vision and plans for digital transformation by providing the necessary resources and tools. Jordan, Iraq and Lebanon pledged to commit to digital transformation and provided road maps to support …

Media IN Dubai: 30th-06-2019 Dubai International Financial Centre (DIFC) has introduced a new business friendly regulatory framework for prescribed companies. Under the newly introduced regime, structures such as Intermediate Special Purpose Vehicles (ISPVs) and Special Purpose Companies (SPCs) will now be classified as prescribed companies. The new prescribed companies regime …

Media IN DALIAN, China, 30th June, 2019 (WAM) The UAE Government will take part in the World Economic Forum held in Dalian, China, between 1st-3rd July, in the presence of more than 1,900 government officials, entrepreneurs and researchers from more than 100 countries. The forum focuses on a number of …

Media IN DUBAI, 30th June, 2019 (WAM) Dubai Exports, the export promotion agency of the Department of Economic Development, DED, in Dubai, led a group of food and beverage companies in the UAE to SIAL China, the largest food event in Asia, as part of its strategy to promote diverse …