Media IN Manama , 14th-060-2019 Industry, Commerce and Tourism Minister Zayed bin Rashid Alzayani held a meeting with German BASF Deputy Chairman for Operations Heiko Mass and director-general Michael Wille and stressed Bahrain’s drive to attract investments and leading projects. He said that Bahrain is home to major international companies, …
Read More »Renewable energy provided jobs to 11 million people in 2018: IRENA report
Media IN ABU DHABI, 14th June, 2019 (WAM) According to the latest report by the International Renewable Energy Agency (IRENA), the renewable energy industry created employment opportunities for nearly 11 million people worldwide in 2018, due to the widespread adoption of renewable technologies, From 7.28 million jobs in 2012, it grew …
Read More »International companies holding shows at ADNEC exempted from paying VAT
Media IN ABU DHABI, 13th June, 2019 (WAM) Abu Dhabi National Exhibitions Company (ADNEC), on Thursday announced that it has obtained the Federal Tax Authority (FTA), License for waiver from Value Added Tax (VAT), for all international companies and organisations participating in or holding shows and conferences at its venues …
Read More »ADFD Participates in AED771 Million Petroleum Storage Project Inauguration Ceremony in Jordan
Media IN ABU DHABI, 13th June, 2019 (WAM) The leading national entity for international development aid, Abu Dhabi Fund for Development (ADFD), today led a high level delegation to participate in the inaugural ceremony of the AED771 million (US$210 million) Petroleum Storage Facilities project in Jordan. Inaugurated by His Excellency …
Read More »Asian shares mixed on Thursday
Media IN SINGAPORE, June 13, 2019, SPA Hong Kong’s Hang Seng gave up 0.8% to 27,103.02, extending its losses after closing down 1.7% on Wednesday. South Korea’s Kospi lost 0.3% to 2,103.15 and the Nikkei 225 index in Japan lost 0.5% to 21,032.00. Australia’s S&P ASX 200 was less than …
Read More »3.18 fils per kilowatt in wind power generation project in Jordan
Media In / Amman June 13, The financial offers submitted by the companies eligible for the project of generating electricity using wind power with 50 megawatts in the third round of direct offers of six companies showed that the lowest prices reached 18.33 fils / kWh, which is a distinguished …
Read More »USD Stabilises Against the Kuwait Dinar while Euro declines
Media IN KUWAIT, June 13th 2019 KUNA The exchange rate of the US Dollar was stable at KD 0.303 while the Euro went down to KD 0.342, said the central bank of Kuwait on Thursday. The British pound sterling went down to KD 0.384. The Swiss Franc and the Japanese …
Read More »Amman Stock Exchange rises
Media IN Amman, June 13, 2019, SPA Amman Stock Exchange (ASE) opened trading on Thursday with a rise to 1,812 points compared to 1,811 points of last session closure, according to market sources. The market index fluctuated between 1,811 points and 1,813 points in the first 15 minutes of today’s …
Read More »7 new housing schemes provided by residential for Saudi citizens
Media In / Riyadh June 13, 2019 The housing program of the Ministry of Housing has announced the addition of 7 new residential schemes through its portal within the recently announced residential plans to allow beneficiaries to choose the appropriate residential plan. These plans provide more than 3,801 free plots …
Read More »Dubai Chamber must shape solutions for global challenges: ICC World Chambers Federation Chair
Media IN RIO DE JANEIRO, 13th June, 2019 WAM Chambers of commerce from all regions of the world must align their efforts to maximise their impact and shape solutions for global economic and social challenges, H.E. Hamad Buamim, Chairman of the ICC World Chambers Federation and President & CEO of …
Read More »