Media In / Abu Dhabi 1 June 2019 WAM The Abu Dhabi Social Support Authority (ADSSA) announced that 3,200 low-income families benefited from the first phase of the Abu Dhabi Social Support Program retroactively to January 2019. The beneficiaries of the program were 19248 beneficiaries. The Abu Dhabi Social Support …
Read More »BAHRAIN : Trade deficit reduced by 41.1%; exports increased by 46.7%
Media IN Manama, 1st June 2019 (BNA): The minister of Industry, Commerce, and Tourism, Zayed bin Rashid Al-Zayani announced that the volume of exports increased by 46.7% during Q1 2019 compared to the same period in 2018, while imports increased by 21.9%. He also provided an update on the continued …
Read More »Dubai’s food trade during Ramadan recorded AED8.3 billion in Q1 2019
Media IN DUBAI, 1st June, 2019 WAM Latest statistics from Dubai Customs revealed the value of the emirate’s external trade in Ramadan foodstuff for the first quarter of 2019, which totalled AED8.3 billion. Foodstuffs traded weighed a total of 1.5 million tonnes, and included, meats, sugar, vegetables, flour, rice, nuts, …
Read More »Japan imported 21.564 mmb of crude from UAE in April
Median IN TOKYO, 1st June, 2019 WAM Japan imported from the United Arab Emirates 21.564 million barrels of crude oil in April 2019, data released by the Agency of Energy and Natural Resource in Tokyo showed. This accounts for 23.7 percent of Japan’s total crude imports, the agency that belong …
Read More »Jordan: Stabilization of fuel prices in the first third of June
Media In / Amman 31 May 2019 Under the guidance of the Council of Ministers, the Fuel Pricing Committee decided at its meeting held at the Ministry of Energy and Mineral Resources on Friday to fix the prices of the main derivatives (gasoline of all kinds and diesel) for the …
Read More »India remain top destination for UAE remittances due to Depreciation in Rupee’s value against Dirham.
Media IN Abu-Dhabi 31st-05-2019 UAE remittances grew 3% or Dh4.8 billion to Dh169.2 billion in 2018, as compared to Dh164.4 billion in the previous year with more residents remitting money through exchange houses than banking channels. The UAE Central Bank’s 2018 annual report released on Tuesday shows that the outward …
Read More »U.S. stocks finished slightly higher on Thursday.
Media IN New York, May 31, 2019, SPA The Dow Jones industrial average rose 43.47, or 0.2 percent, to 25,169.88. Twenty of the index’s 30 components advanced, led by McDonald’s and Coca-Cola, which gained 1.6 and 1.3 percent, respectively. Verizon Communications led decliners, plunging 2.3 percent. The broader Standard & …
Read More »Kuwait’s Crude Exports to Japan Hit 3- year High
Media IN Tokyo, May 31 (KUNA) Kuwait’s crude oil exports to Japan in April hit a 37- month high of 9.89 million barrels, or 330,000 barrels per day (bpd) to become Japan’s third biggest oil provider, government data showed Friday. Kuwait’s crude oil bound for Japan jumped 12.8 percent from …
Read More »OPEC daily basket price announced for Thursday
Media IN VIENNA, 31st May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$67.10 a barrel on Thursday, compared with US$67.75 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light and heavy …
Read More »HUAWEI Vows full commitment relation charter to UAE customers: TRA
Media IN Dubai: 31st-05-2019 The Telecommunications Regulatory Authority (TRA) is assuring consumers in the UAE that they will be able to continue using their Huawei devices amid efforts by the US government to blacklist the Chinese company. The TRA said on thursday that it had been in talks with representatives …
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