ADX & DFM Companies’ Combined profits is AED19.45 bn in Q1-2019 Media IN Abu Dhabi, 28th May, 2019 WAM The combined profits of companies listed in Abu Dhabi Securities Exchange and Dubai Financial Market amounted to AED19.45 bn in Q1-2019, which is almost the same amount booked in previous quarter, …
Read More »Sultan Bin Sulayem Launches Smart Vessel Berthing system to improve trade at creek
Media IN Dubai 27th, May 2019 Dubai Customs has launched a new disruptive berthing service for the vessels using Dubai Creek. The new system – Smart Vessel Berthing System – will help vessels load and unload their goods with the help of an advanced AI-based service. It was built in-house …
Read More »ENOC reveals ambitious plans to strengthen its retail and service station network by 2020
Media IN Dubai, 27th May 2019: ENOC Group has announced ambitious plans to strengthen its retail and service station network by 2020 to meet the requirements of Expo 2020 Dubai. ENOC Group will further expand its retail network to 191 from its current 129 service stations across the UAE in …
Read More »A report of Abu Dhabi’s manufacturing sector showed a growth rate of 5.9%
Media IN Abu Dhabi:27th May 2019 The industrial sector in Abu Dhabi has witnessed an outstanding growth within 2018 as the growth rate of manufacturing industries has increased to 5.9% and 42 industrial facilities entered production with a total investment of AED 12.3 billion in line with an increase in …
Read More »BAHRAIN: Government Treasury Bills oversubscribed by 137%
Media IN Manama, May 27 (BNA): This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 137%. The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB),on behalf of the Government of Bahrain. The issue date of the bills …
Read More »Khalifa Port cements its position as a global maritime hub with arrival of two 20,000-plus TEU China COSCO SHIPPING mega-vessels at CSP Abu Dhabi Terminal
Media IN Abu Dhabi 27th May 2019 China’s Shipping Ports, (CSP) Abu Dhabi Terminal, located in Khalifa Port in the United Arab Emirates (UAE), announced on Monday that it received two of the world’s largest container mega-vessels in May. The container terminal, which was inaugurated in December 2018 and started …
Read More »Restaurants and coffee shop business booming in Dubai.
Media IN Dubai 27th-05-2019 The total number of operational restaurants and cafes in the emirate of Dubai reached 427 during the first four months of 2019, according to a report issued by the Business Registration & Licensing (BRL) sector in the Department of Economic Development (DED), Dubai. This includes 258 …
Read More »US Dollar remains Stable at the Foreign exchange market
Media IN Kuwait 27th-05-2019 KUNA The exchange rate of the US Dollar remained at KD 0.303, same did the Euro at KD 0.340, said the Central Bank of Kuwait on monday The Central Bank of Kuwait added that the British Sterling went up to KD 0.387, while the Swiss Franc …
Read More »Jordan: 0.4% The rise in the prices of industrial producers in the first quarter of this year
Media In / Amman, May 27, The industrial producer price index rose during the first quarter of this year to 118,93 against 118,498 for the same period last year. According to figures from the Department of Statistics, this is the result of a rise in the index of the …
Read More »OPEC daily basket price announced for Friday
Media IN VIENNA, 27th May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$67.40 a barrel on Friday, 24th May, compared with US$68.56 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …
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