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MEDIA IN PARIS 06-05-2019 SPA The Paris Stock Exchange closed down 1.18 percent on Friday. The CAC 40 index fell 65.32 points to 5483.52 points, amid a trading volume of 3.3 billion euros
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Department of Finance launches ‘Noqodi’ for government fees payments
06-05-2019 Media in\ Dubai The Dubai’s Department of Finance (DOF), in collaboration with Smart Dubai and emaratech, has launched a digital wallet to facilitate the payments for government service fees. The new payment channel, ‘noqodi’, enables individual and corporate customers to pay quickly, easily and securely for different government and …
Read More »“Ramadan Festival 2019” starts in all cities of Sharjah
Madia in / Sharjah 06-05-2019 / WAM / The “Sharjah Ramadan Festival”, organized by the Sharjah Chamber of Commerce and Industry (SCCI), has been launched annually since the beginning of the month of Ramadan in all regions and cities of the Emirate in cooperation with a number of local government …
Read More »UAE banks’ capital adequacy ratio rose to 17.5% by the end of March
Media in Abu Dhabi 06-05-2109 The national banks’ solvency in the UAE continued to rise to levels that were the highest in more than three years. The capital adequacy ratio of these banks (Tier 1 plus Tier 2 / 17.5%) reached the end of March 2019. The rise in the …
Read More »Abu-dhabi ports sign with Dell to accelerate digital transformation
06-05-2019 Media in\ Abu Dhabi Abu Dhabi Ports has signed a Memorandum of Understanding (MoU) with Dell Technologies to integrate expertise in navigation, logistics and IT to develop business-based models, solutions and services for the maritime industry. The MoU aims to provide Abu Dhabi’s ports with consulting services and help …
Read More »Kuwait bourse ends Monday’s trading in green zone
Media IN/Abu dhabi/ 06-05-2019 Boursa Kuwait ended trading Monday in green zone as the premiere market Index went up by 20.86points to reach 6,190.64 points. The main market index went up by 27.96 points to reach 4,845.34 points same as the All share market index which rose by 23.06 points …
Read More »Dubai Science Park signs memorandum of understanding with US venture capital firm 1792 partners to attract American Science companies to region
Media IN/Abu dhabi/ 6th May, 2019 (WAM) Today Dubai Science Park (DSP), a holistic science-focused community that provides support and a business-friendly ecosystem for entrepreneurs, SMEs and international companies active in the sciences, energy and environment has signed a partnership agreement with 1792 Partners, a global advisory and venture firm …
Read More »OPEC daily basket price stands at USD 70.61 a barrel
Media IN/ Abu-dhabi/ VIENNA, 6th May, 2019 The OPEC daily basket price declined 37 cents to stand at 70.61 per barrel, compared with USD 70.98 per barrel according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, includes a mix of blends and light and heavy crudes, …
Read More »NBK net profit exceeds AED 135 million in the first quarter of 2019
06-05-2019 Media In / Umm Al Quwain National Bank of Umm Al-Qaiwain (NBK) net profit reached AED 135.18 million, an increase of 3% compared to AED 131.03 million in the same period last year. The Bank’s report on the results for the first quarter ended March this year attributed the …
Read More »European stocks fall in early trading today
Media iN / London 06 -05-2019 European stocks opened sharply lower today after news of trade tensions between the world’s two largest economies, the United States and China. The downward trend was led by German Dax and French CAC, down 1.7% and 1.8%, respectively. The STOXX 600 index of European …
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