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Media IN Riyadh, June 22, 2019, SPA Saudi Grains Organization (SAGO) has completed procedures for importing 900,000 tons of fodder barley during the period (August – October 2019), which represents the third batch of fodder barley on board 15 ships. The Governor of the Organization, Engineer Ahmed bin Abdulaziz Al-Faris …

Media IN Abu Dhabi Jun 21, 2019, SPA The S&P 500 touched a record high for the second straight session on Friday as hopes of trade talks between Washington and Beijing were lifted by U.S. Vice President Mike Pence’s decision to defer a planned speech on China policy. The decision …

Media IN ABU DHABI, 21st June, 2019 WAM According to statistics recently released by SCA, Capital of government companies listed by the Securities and Commodities Authority (SCA) currently stand at circa AED190.4 billion. The insurance sector accounts for the largest listed firms, 35, followed by the service sector, 29; banking, …

Media IN ABU DHABI, 21st June, 2019 WAM Etisalat is set to invest AED4 billion in network upgrade in 2019, according to a senior executive Industry players said 5G, with high speed, low latency of less than 1 millisecond, high throughput to handle huge amount data and reliability will power …

Media IN MUSCAT, 21st June, 2019 (WAM) The meeting addressed ways of adopting long-term development strategy, and creating a general demographic framework, as well as several strategic priorities, most notably the means of achieving a knowledge-based economy. The GCC’s efforts related to planning and development have gained increasing importance, in …

Media IN GENEVA, 21st June, 2019 WAM The meetings  explored the cooperation between the UAE and African countries in areas of work and manpower. They also discussed the agenda of the ILO conference which focused on the future of work and social justice. The reality of the UAE job market, …

Media IN Dubai: 21st-06-2019 The report prepared by the International Labour Organisation (ILO), and issued by its Committee of Legal Experts has praised the high rate of women’s participation in economic activities in the UAE. A discussion of the report took place at the 108th session of the International Labour …

Media IN ABU DHABI, 21st June, 2019 (WAM) According to the Airport Council International (ACI) World, the aviation sector in the UAE is expected to attain AED323.6 billion ($88.1 billion) by 2030,   Last year the sector contributed 15 percent to the country’s GDP. The expected increase comes as Airport Council …

Media IN Abu Dhabi 21st-06-2019 Fitch Ratings announced it has affirmed the long-term issuer default rating (IDR) UAE-based Emirates Development Bank (EDB) at ‘AA-‘ with a stable outlook. The New York-based credit rating agency has also maintained the bank’s short-term IDR at ‘F1+’, according to a press release. The bank’s …

Media IN Dubai 21st-06-2019 The United Arab Emirates participated in the Indian Ocean Rim Association (IORA)’s biggest trade event of the year entitled, “Modernising Trade in the Indian Ocean Rim Conference” which concluded today in Durban, South Africa. The three-day conference gathered more than 100 delegates from IORA Member States, …