Media in / Abu Dhabi 07-05-2019 / WAM As part of its continuous efforts to enhance its global presence and build a broad network of international financial institutions and entities, Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, participated in Milken Institute’s Global Conference in Los Angeles from April …
Read More »Ajman Free Zone extends reach to more countries in central Asia, East Europe
Media IN/ Abu-dhabi / 7th May, 2019 (WAM) The Ajman Free Zone (AFZ) has signed a partnership with Ipravo, a Kazakhstan-based business consultancy company to represent Ajman Free Zone in some central Asia and East Europe countries. The agreement was signed by the Sales Director, Sales Executive of Ajman Free …
Read More »The value of subsidies in the UAE is 19.2 billion dirhams in 2018
Media iN / Abu Dhabi 0-07-05-2019 WAM / Federal and local government subsidies across the UAE totaled AED 19.2 billion in 2018, a move that reflects the country’s continued support for citizens to promote family cohesion and cohesion. Subsidies accounted for about 5% of the UAE government’s total financial expenditure …
Read More »Electronic attacks have declined by 43.2% since the beginning of 2019
07-05-2019 Media in\ Abu Dhabi The number of attacks targeting websites in the UAE decreased by 43.2% in the first four months of 2019 compared to the same period in 2018. The Telecommunications Regulatory Authority (TRA) revealed that the number of cyber attacks thwarted reached 88 during the first quarter …
Read More »Air Arabia launches direct flights between Sharjah and Tunis
Media IN/Abu-dhabi/ 7th May, 2019 (WAM) Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier, LCC, announced today the launch of a direct flight from Sharjah to Tunis, Tunisia’s capital city starting 4th July, 2019. The new flight will operate three times a week; on Tuesdays, …
Read More »ADNOC and ExxonMobil CEOs collaborate to explore new opportunities
Media IN/ABU DHABI/ 7th May, 2019 (WAM) The Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC), and the Chairman and CEO of Exxon Mobil Corporation (ExxonMobil), met to explore new opportunities for collaboration in the upstream and downstream sectors, and discuss wider regional and …
Read More »EIBFS sign MoU with Al Etihad Credit Bureau to boost financial literacy in UAE
Media IN/Abu-dhabi/ 7th May, 2019 (WAM) Emirates Institute for Banking and Financial Studies (EIBFS) has signed a Memorandum of Understanding with Al Etihad Credit Bureau (AECB)to promote financial literacy in the UAE. The General Manager of EIBFS together with the Chief Executive Officer of AECB, inked the agreement at the …
Read More »KUWAIT EXCHANGE RATE ON TUESDAY, MAY 2019
Media IN/Abudhabu/07-05-2019 The exchange rate of the US Dollar stood at KD 0.303 and Euro at KD 0.304, said the Central Bank of Kuwait on Tuesday The CBK added that the British pound Sterling was stable at KD 0.398, while the Swiss Franc went down to KD 0.298. The japanese …
Read More »IMF Executive Board Completes second review under Extended Fund Facility for Jordan
Media IN/Abu-dhabi/07-05-2019: KUNA The international Monetary Fund (IMF) executive Board completed Monday the second review of Jordan’s economic performance ”under the Extended Arrangement under the Extended Fund Facility (EFF).” The IMF said in a statement that the completion of the second review enables the disbursement of about USD 166.4 million, …
Read More »Pakistani stocks close lower
Media In / Islamabad 6-05-2019 The index of the Karachi Stock Exchange, the largest stock market in Pakistan today, fell by 1.45% or 517 points, and closed at 35605 points. A total of 5435,280 shares changed hands in 317 transactions. The shares of 58 companies gained 588 shares and 21 …
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