News

14-05-2019 Media IN Abu Dhabi Aldar Properties posted a net profit of AED 493 million in the first quarter of 2019 and recorded a growth of AED 1.76 billion, an increase of 20% over the same period last year. During the first quarter of 2011, Aldar witnessed a significant growth …

12-05-2019 Media IN Abu Dhabi The value of the “loans” provided by national banks to the industrial and business sectors amounted to AED 13.3 billion during the first quarter of 2019, which increased the total facilities to AED 699.1 billion at the end of March compared to AED 685.8 billion …

14-05-2019 Media in\ Dubai The general index of the Dubai Financial Market (DFM) has rebounded since the opening of today’s session, and gained 3.5% at 2613 points. The strong market rally was supported by the leading stocks, especially in the real estate and banking sectors, and the MSCI announcement came …

14-05-2019 Media in\ Dubai Dubai Ports World (DP World) has honored the petrochemical sector for its efforts to create a more efficient and sustainable supply chain by winning the Sustainable Supply Chain Award at the GPCA Supply Chain Conference. The Director of Business Development at DP World, UAE, received the …

14-05-2019 Media IN Abu Dhabi The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) signed, on Tuesday, a memorandum of understanding with the Korea Rural Development Administration (KRDA), to strengthen cooperation in agricultural research and modern technology, which supports the agricultural sector in Abu Dhabi. Held at its headquarters in …

Media IN Abu-Dhabi, 14-05-2019 The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Markets (ADGM) has enhanced its ‘Guidance for the Regulation of Crypto Asset Activities’. Richard Teng, the Chief Executive Officer, FSRA of ADGM, said, “The enhanced guidance is a response to the rapidly changing technologies and crypto …

Media IN Riyadh 14-05-2019 The UAE and Saudi Arabia signed an Authorized Economic Operator (AEO) agreement yesterday  in Riyadh by Customs Commissioners and Chairman of the Federal Customs Authority, and  Governor of the General Customs Authority. The agreement aims to improve the customs cooperation between the two countries and facilitate …

Media IN / Milano 14-05-2019 European shares rebounded in early trade on Monday after hitting a two-month low the day before as comments from Washington and Beijing overnight helped ease investor fears of a worsening trade dispute. By 0736 GMT, the Stoxx 600 European index rose 0.6 percent after falling …

Media In\ New York 13-05-2019 Oil futures fell today as US stocks tumbled as the negative sentiment in the US-China trade talks caused investors to worry, who pushed oil up in early trade on fears of supply disruption after reports of sabotage attacks on tankers in the Middle East. Brent …

Media IN VIENNA, 14th May, 2019 The price of OPEC basket of fourteen crudes stood at US$71.21 a barrel on Monday, 13th May, compared with US$70.66 the previous Friday, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light and …