News

18-05-2019 Media in \New York Saudi Arabia stressed that illegal financial flows continue to pose a major threat to the financial stability of States and to the achievement of their national goals for sustainable development. This came in the Kingdom’s address to the United Nations during the High-level Meeting on …

Media IN Abu-Dhabi The Chinese offshore yuan, which trades outside the mainland, dropped to as low as $6.9400 on Friday, its weakest level since November. This was amid escalated trade tensions between Washington and Beijing, after the Trump administration added Huawei Technologies to a trade blacklist. Meanwhile, the onshore yuan …

Media IN Abu-Dhabi 18-05-2019 The Dow Jones retreated 99 points or 0.4%.   The S&P 500 lost 17 points or 0.6%.  The Nasdaq fell 82 points or 1.0%. Historically, the Dow Jones Industrial Average reached an all time high of 26828.39 in October of 2018 and a record low of 41.20 …

Media IN Dubai, 17th May, 2019 WAM Dubai Electricity and Water Authority (DEWA) organised an open meeting with its suppliers from small and medium enterprises (SME), in line with its commitment to strengthen partnerships with its suppliers who contribute to the excellence of its operations. The meeting was attended by …

Media IN Abu-Dhabi 17-05-2019 Consumer prices in United Arab Emirates fell 2.5% year-on-year in March of 2019, the same pace as in the previous month. It was the third straight month of deflation, as prices continued to dropped for housing and ·        utilities (-6.5%  compared to -5.9% in February 2019) …

Media IN Sharjah 17-05-2019 / WAM The Sharjah Chamber of Commerce and Industry (SCCI), during its meeting with high level official delegations from the Republic of Serbia and the Republic of Benin, discussed ways to develop economic cooperation and trade relations and promote joint investment with Sharjah and the private …

Media IN Vienna, 17th May, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at $72.61 a barrel on Thursday, compared with $71.26 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol …

Media IN Abu-Dhabi, 17th May, 2019 WAM The number of business licences issued in the UAE amounted to 560,158 since the start of 2019, an increase of 3.7 percent, or 19,800 licences, compared to the end of 2018.  This reflects the improvement of various sectors since the start of the …

Media IN Abu Dhabi: May, 17 2019 Masdar, the Abu Dhabi Future Energy Company, has honoured the sponsors and partners of Abu Dhabi Sustainability Week (ADSW) 2019, the largest sustainability gathering in the Middle East. The Chief Executive Officer of Masdar, paid tribute to the organisations that  partnered with and …

Media IN Dubai, 17-05-2019 WAM Real estate transactions in the Dubai Land Department have generated more than AED 2.9 billion. Last week, the department recorded 827 shares worth AED 1.6 billion, 79 of which were land for 700 million dirhams, 748 for apartments and villas worth 900 million dirhams. In …