Media IN DUBAI, 17th June, 2019 (WAM) The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED), Dubai, issued 2,599 new licenses during May 2019, a growth of 50 per cent compared to May 2018 (1,736). The new licenses created 8,348 jobs in the labour market. …
Read More »New Smart satellite solutions launched in Abu Dhabi
Media IN Dubai 17th-06-2019 WAM: The mobile satellite services subsidiary of the Al Yah Satellite Communications Company (Yahsat), Thuraya Telecommunications Company, today launched its newest smart solutions for the fast growing APAC market at CommunicAsia 2019. The role of mobile satellite communications in shaping a connected future is certainly not …
Read More »A new modern census information system unveiled in Saudi Arabia
Media In / Riyadh June 17, The Minister of Economy and Planning, Chairman of the Board of Directors of the General Organization for Statistics, inaugurated the portal of the Saudi 2020 census as an information platform for the fifth census of the population, housing and establishments 1441 H-2020 through its …
Read More »Management of the Central Bank holds its fifth meeting for the year 2019
Abu Dhabi, 17-06-2019 The Board of Directors of the Central Bank recently held its fifth meeting for 2019 under the chairmanship of the Chairman of the Board of Directors at the headquarters of the Bank in Abu Dhabi. The meeting was attended by Deputy Chairman and Governor of the Central …
Read More »The value of bonds and Sukuk listed on the financial markets during 2018
Media In / Abu Dhabi / WAM June 17, 2019 The value of Islamic bonds and instruments approved by the Securities & Commodities Authority (SCA) for listing in local capital markets reached AED 7 billion in 2018, reflecting the strong activity witnessed by the sector during that period. It is …
Read More »US$ 6.5 Billion New Aviation Deal in Abu Dhabi
Media IN PARIS, 17th June, 2019 (WAM) Abu Dhabi-based Mubadala Fund signed a $ 6.5 billion deal with Rolls-Royce to maintain the Trent 700 engine, three times the number of engines it serves each year. Sanad Aerotech, previously known as Mubadala for Turbine Services & Solutions (TS & S), will …
Read More »United Arab Emirates and Hong Kong sign MoU on Investment Promotion and Protection Agreement
DUBAI, 17th June, 2019 (WAM) The Ministry of Finance (MoF), today, signed an agreement to encourage and protect investments between the UAE and the Government of Hong Kong Special Administrative Region, as part of the ministry’s efforts to protect the nation’s investments abroad and attract foreign investments. The agreement was …
Read More »Stellar growth in number of Romanian visitors to Dubai portrays the city’s diverse market outreach strategy
Media IN DUBAI, 17th June, 2019 WAM Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has reported a steady incline in tourism volumes from Romania, welcoming 29,670 overnight visitors in the first three months of 2019. Underscoring a 24 percent year-on-year increase when compared to the same period in …
Read More »Jordan: 70 beneficiaries of the initiative to postpone bank installments
Media In / Amman 17 June 2019 Banks operating in Jordan have suspended loan installments for more than 70,000 citizens in the holy month of Ramadan, in an initiative to ease borrowers. Hani Al-Qadi said in a press statement that the banks have responded to the requests of more than …
Read More »AED 5 billion in 2020 contracts with SMEs
Media In / Abu Dhabi / WAM June 17, 2019 Specialized studies show that Expo 2020 Dubai will contribute to enhancing economic opportunities in the UAE by providing new business opportunities, increasing GDP and creating jobs across the region. The exhibition will also play an important role in achieving many …
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