News

Media IN Abu Dhabi, 29th May, 2019 WAM The UAE Central Bank on Tuesday asked commercial banks in the country to supply new currency notes during the upcoming Eid season to meet customers’ needs. The apex bank said in a statement on Tuesday that ; “Central Bank of the UAE …

Media IN Abu Dhabi 29-05-2019 The UAE is ranked first regionally, and entered, for the first time, the top 5 globally, according to the IMD World Annual Competitiveness Report 2019 released on Tuesday. The Switzerland-based think tank said in its annual report that the UAE jumped from the seventh place …

 ؜ Media In / Amman 28 May 2019 Jordan’s statistics department confirmed that the trade balance deficit in the first quarter of this year fell by 10.2 percent compared to the same period in 2018, driven by a decrease in the value of imports by 2.3 percent over the same …

Media In / dammam May 28, The second container terminal at King Abdul Aziz Port in Dammam, which is managed by the Saudi International Ports Company, received today the largest container ship in the history of Saudi ports with the unlimited support of the wise leadership and follow-up by His …

Media IN Kuwait, May 28, 2019 KUNA Kuwait’s stock exchange, commonly known as Boursa Kuwait, ended trading Tuesday with Premier Market Index up by 63.37 points to reach 6,153.91 points. The main market index remained unchanged at 4,734.14 points, while the all share market index rose by 42.69 points to …

Media IN Abu Dhabi, 28th May, 2019 WAM The Federal Tax Authority, FTA, has called on tax agents to comply with the five ‘Professional Standards for Tax Agents’, published in a new guide on the subject, in all of their transactions to ensure uninterrupted activity. The new guide  offers a …

Media IN Abu Dhabi, 28th May, 2019 WAM The UAE’s non-oil foreign trade, including direct and free zone trade, and customs warehouses, reached a total of AED1.628 trillion in 2018, announced the Federal Customs Authority, FCA, on Tuesday. The Authority noted in a statement that direct non-oil foreign trade accounted …

Media IN DUBAI, 28th May, 2019 WAM The UAE Cabinet adopted a decision to amend and waive fees for a number of federal services within the framework of Government’s effort to enhance the national economy, reduce costs to business owners and increase the competitiveness of the UAE. The decision promotes …

Media IN Sharjah, 28th May, 2019 WAM Sharjah Islamic Bank, SIB, has welcomed Standard & Poor’s (S&P) decision to upgrade credit long-term rating of the bank from BBB+ to A- with a stable outlook. The upgrade is based on S&P’s considering SIB to be a highly systemically important bank in …