Media IN/ Abu dhabi,/5th May, 2019: WAM Dubai International, DXB, has welcomed 22.2 million passengers in the first quarter of 2019, down 2.2 percent from the same period last year due largely to reduced flights and a shift in the timing of the Easter holiday. However, Cargo volumes increased 4.1% …
Read More »Dubai opens first Smart floating marine transport to connect metro and buses
Media IN/Abu dhabi/ 05-05-2019 Dubai has opened the UAE’s first smart floating marine transport station at Festival City as part of plans to expand facilities over the next two years. The station accommodates more than 25 passengers, and links the Jadaf -Dubai Festival city line with public buses and creek …
Read More »Amman Bourse falls
Media IN/Amman/ May 05, 2019 Amman Stock Exchange (ASE) on Sunday opened trading with a drop to 1,769 points from its last session’s closure of 1,790 points. The market index fluctuated in the first 15 minutes of today’s session between 1,765 points and 1,769 points with a trading volume of …
Read More »USD stable at KD 0.303
Media IN KUWAIT /05-05-2019 The exchange rate of the US dollar was stable at KD 0.303, same did the Euro at KD 0.340, according to the Central bank of Kuwait (CBK) sunday. The CBK indicated that the British Pound sterling was up to KD 0.400 and the Swiss Franc up …
Read More »KUWAIT- OTC trading “positive”
Media IN/ Abu dhabi / 05-05-2019: KUWAIT Kuwait’s Over the Counter market witnessed a rise in total trading by end of last week, reaching 3.5 million shares at a value of KD 251,4 (USD 854,7) done through 35 transactions. Immediate transactions recorded a positive performance during the week with trading …
Read More »UAE’s Non-oil Business Activity grew sharply in April
Media IN/Abu- dhabi/ 05-05-2019 The pace of expansion of non-oil sector firms rose to a 16-month high. Higher new orders combined with a number of ongoing projects led to a significant rise in business activity, with the rate of expansion the fastest since January 2015. There was a sharp acceleration …
Read More »Egyptian President Meets with World Bank President
05-05-2019 Media in\ Cairo Egyptian President Abdel-Fattah Al-Sisi expressed his hope for continued fruitful cooperation between his country and the World Bank and the importance attached by Egypt to developing its relations with the World Bank Group in general as one of Egypt’s most important development partners. This came during …
Read More »Hamriyah Free Zone Authority named winner of World’s Greatest Brands & Leaders 2018- 2019 Asia & GCC
Media IN/ DUBAI, 5th May 2019 Hamriyah Free Zone Authority (HFZA) has been named winner of the Service Award in the Free Zone Trade & Investment Destination category as part of the World’s Greatest Brands & Leaders 2018- 2019 Asia & GCC. This is the second of its kind as …
Read More »“Jazan Industries” concludes its tariff tour with its future legislations
Media In \ Yanbu 04-05- 2019 The Royal Commission for Jubail and Yanbu, represented by Jazan for basic and transformational industries, concluded on Saturday a number of workshops targeting more than 600 Saudi contractors in a number of cities around the Kingdom, where they reviewed all the construction projects and …
Read More »The Tabouk Chamber is organizing a recruitment support program for tomorrow’s meeting
Media In\ Tabuk 04-05-2019 The Chamber of Commerce and Industry (TCCI) in Tabuk will organize a training meeting in support of the recruitment program to raise skills at the headquarters of the Chamber in Tabuk. Tabuk Chamber explained that the meeting aims to introduce the program “support the recruitment skills …
Read More »
Media ININ Economy We Trust