News

Media In / Tokyo June 16, 2019 The Japanese Business Forum 2030, organized by the Japan Cooperation Center in the Middle East (JETRO), will be held in Tokyo on Monday, in cooperation with the General Authority for Investment, in the presence of His Excellency the Minister of Economy and Planning …

Media IN DUBAI, 16th June, 2019 (WAM) The UAE’s sovereign wealth fund Emirates Investment Authority (EIA) has increased its stake in Dubai-based smaller telecom firm Emirates Integrated Telecommunications Company (du). The Fund acquired 463.263 million shares from Mamoura Diversified Global Holding PJSC (previously known as Mubadala Development Company) and General …

Media IN Kuwait, 16th, June 2019 (KUNA) According the Central Bank of Kuwait on Sunday, the exchange rate of the US Dollar was stable at KD 0.303 while the Euro went down to KD 0.340. The British Pound Sterling went down to KD 0.382, as did the Swiss Franc to …

Media In / Riyadh June 16, 2019 The Real Estate Development Fund (IDF) ranked third in the top 14 government agencies in the services and development sector, achieving significant progress in its e-services to come within the green range in the maturity index of high impact government services launched by …

Media In / Abu Dhabi / WAM June 16, 2019 The total capital of local public shareholding companies registered with the Securities and Commodities Authority (SCA) was approximately AED 412 billion during the year 2018, a growth of about 1% compared to 2017. The value of capital of listed companies …

Media In / Riyadh June 16, 2019 The Board of Directors of the Saudi Ports Authority agreed to reduce the handling fees and adjust storage periods for container vessels and fees for the container vessels at the King Fahad Industrial Port in Yanbu at rates ranging between (32 – 57.5%). …

Media IN Manama, 16th June 2019(BNA): Gulf Air, the national carrier of Bahrain, has launched its summer service to and from Salalah as the airline resumed this popular route.    Gulf Air’s flight GF548 was welcomed into Salalah International Airport with a celebratory event that saw the attendance of various …

Media IN New York, 15 June, 2019, SPA The broader U.S. stock market erased earlier losses to close slightly lower, while technology shares fell due to a sharp decline in chip stocks. For the week, the Dow industrials and Standard & Poor’s 500 were both up 0.6 percent, while the …

Media IN DUBAI, 16th June, 2019 WAM In light of Dubai Plan 2021 and the 50th anniversary of the establishment of the United Arab Emirates, the World Forum for FDI in Dubai  demonstrates Dubai’s unique value proposition as the city of the future, the gateway to regional growth markets, and …

Media IN DUBAI, 16th June, 2019 (WAM) Dubai’s non-oil private sector growth accelerated in May to its strongest pace since 2010, with activity mainly driven by lower prices in the construction and retail sectors. The seasonally-adjusted Emirates NBD Dubai Economy Tracker Index – a composite indicator providing an overview of …