Media IN ABU DHABI, 24th June, 2019 WAM Abu Dhabi Airports has secured a ‘Procurement Excellence Gold Award’ from the Chartered Institute of Procurement and Supply, CIPS, following its completion of a comprehensive award submission. Abu Dhabi Airports is the only airports group in the world to have achieved the …
Read More »Dubai Tourism provides positive industry outlook to key stakeholders and partners
Media IN DUBAI, 24th June, 2019 WAM Dubai’s Department of Tourism and Commerce Marketing, Dubai Tourism, provided a positive outlook of the industry to leading stakeholders and partners. This was its first biannual city briefing event held last week at the InterContinental Dubai Festival City. The city briefing is part …
Read More »DMCC’s Dubai Diamond Conference to commence in September
Media IN DUBAI, 24th June, 2019 (WAM) The Dubai Multi Commodities Centre, DMCC, has announced 26th September 2019 as the dates for the upcoming Dubai Diamond Conference. This is the fourth edition of the conference and will take place at the Almas Conference Centre in Dubai. The one-day event will …
Read More »Ministry of Economy Okays Uber- Careem merger
Media IN ABU DHABI, 24th June, 2019 (WAM) The UAE’s Minister of Economy, has issued a decision approving the upcoming acquisition of Careem by global ride hailing company Uber. Under the Competition Law, companies operating in the UAE are required to submit a request to the Ministry of Economy regarding …
Read More »Oil Prices rose by 0.4 percent
Media IN WAM 24th June 2019 Oil prices rose today as tensions between Iran and the United States continued after US Secretary of State Mike Pompeo said he would announce major sanctions against Tehran. By 0325 GMT, the benchmark Brent crude was up 25 cents, or 0.4 percent, at $ …
Read More »Jeddah Islamic port registers 141% increase in cargo during May 2019
Media IN Jeddah 24th June 2019 Jeddah Islamic Port achieved an increase in the rate of general cargo during the month of May 2019 by 160 thousand tons, an increase of 141% The port achieved an increase in the number of containers issued and received by more than (408) thousand …
Read More »Jordanian Trade deficit plunge by 5 percent in Q1 2019
Media IN Amman 24th June 2019 The Jordanian trade deficit fell by 5 percent in the first half of this year compared with the same period last year, as a result of the rise in the value of national exports by nearly 6 percent. According to the Department of Statistics, …
Read More »Jordan and France sign loan agreements worth 95 million euros
Media IN / 24 June 2019 The Jordanian government and the French Development Agency today signed two financing agreements for a total of 95 million euros to support the public budget and support the municipal finance sector in Jordan. The two agreements were signed on behalf of the Jordanian government …
Read More »DEWA launches Simulator and Training Centre for power generation plants
Media IN DUBAI, 24th June, 2019 (WAM) The MD and CEO of Dubai Electricity and Water Authority, DEWA, has inaugurated the Simulator and Training Centre at its Jebel Ali Power Plant and Desalination Complex. The centre, which DEWA built in collaboration with Siemens, is the first-of-its-kind in the Arabian Gulf …
Read More »EGA announces the arrival of bulk cargo ship to ever call at Khalifa Port
Media IN DUBAI, 24th June, 2019 (WAM) Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced the arrival of the first fully-laden Capesize vessel to call at any GCC port at its quay at Khalifa Port in Abu Dhabi, inaugurating the …
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