Media In / Amman 25 June 2019 The World Bank has approved a $ 200 million project to support the Government in its efforts to continue to provide vital primary and secondary health care services to uninsured Jordanian citizens and Syrian refugees at MOH centers. The World Bank said in …
Read More »DGW Signs MoU with Expo 2020 Bureau in support of related activities
Media IN DUBAI, 25th June, 2019 (WAM) The Expo 2020 Bureau signed a Memorandum of Understanding, MoU, with Dubai Government Workshop,DGW, which also covers opportunities for building and expanding relations between the two parties. DGW has already started to provide fast vehicle services, collectively known as mobile workshop, at the …
Read More »Air Arabia commences direct flights between Sharjah and Vienna
Media IN SHARJAH, 25th June, 2019 (WAM) Sharjah-based Air Arabia on Tuesday announced the inauguration of direct flights between Sharjah and Vienna, capital of Austria, starting 15th September, 2019. The non-stop six-hour flight to Vienna, popularly known as the ‘City of Music’, will operate seven times a week, from Sunday …
Read More »DFSA’s role in supporting Global FinTech innovation Highlighted in the first GFiN report
DUBAI, 25th June, 2019 WAM Today the Global Financial Innovation Network (GFiN) published a report highlighting the efforts of the international community of regulators, including the Dubai Financial Services Authority (DFSA), in driving global FinTech innovation and cross-border testing of innovative ideas. Titled “GFiN – One Year On”, the report …
Read More »Joint Statement on the Sixth UAE-US Economic Policy Dialogue
Media IN WASHINGTON, D.C., 25th June, 2019 WAM The Governments of the United Arab Emirates and the United States of America have reaffirmed their ongoing commitment to further deepening ties between the two countries, and the importance of the US-UAE economic relationship in promoting regional prosperity and stability. The countries …
Read More »OPEC optimistic, Global Oil demand will rise in H2-2019
Media IN VIENNA, 25th June, 2019 (WAM) – OPEC has anticipated global oil demand growth to improve seasonally, from the sluggish performance seen in H1-2019, with growth in H2-2019 forecast at 1.2 million barrels/day y-o-y. According to OPEC Monthly report, the OECD region is forecast to increase by 200,000 b/d …
Read More »Total Foreign Currency assets of CBUAE hike to circa AED379.3 bn in May
Media IN ABU DHABI, 25th June, 2019 (WAM) The total foreign currency assets held by the Central Bank of the UAE increased to approximately AED379.3 billion by the end of May 2019, a growth of 16.1 percent from AED326.6 billion on the same month last year, as current account balances …
Read More »An influx of Six million tourists in Abu Dhabi, Dubai in couple of three months
Media IN ABU DHABI, 25th June, 2019 (WAM) Figures by the Central Bank of the UAE showed that a total of 6.04 million international tourists visited Abu Dhabi and Dubai during the first three months of the year, a growth of 1.8 percent on year. Dubai received 4.75 million from January …
Read More »The 9th Annual Risk Management Meeting in Arab Banks
Media IN Beirut, 24-25-2019 The Union of Arab Banks, in cooperation with the Banking Supervision Committee, will organize the 4th Annual Meeting of Risk Management in Arab Banks on July 4 and 5 in Beirut, Lebanon. The forum will be attended by a number of leading international experts. Marc Farag …
Read More »Call for the establishment of an Arab central bank to lend to youth projects
CAIRO, 24-05-2019 The Second Forum of Arab Entrepreneurs and Innovative Ideas called on the League of Arab States to establish an Arab central bank to contribute to the lending of youth projects. The Forum also called upon the Council of Arab Youth for Integrated Development to establish an Arab institutional …
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