Media IN/Dubai/May, 4/ 2019: According to the latest IMF projections, the UAE economy grew by 1.7 per cent against the October forecast of 2.9 per cent in 2018. The economy is projected to grow 3.3 per cent in 2020 supported by a strong 4 per cent non-oil growth projected for …
Read More »Emirates to launch its new-look 777 plane on Maldives route in June, 2019
 Media IN/Dubai/ Sat 04 May 2019 Emirates has announced the deployment of its latest Boeing 777-300 ER aircraft fitted with the Game Changer First Class suites on its Dubai-Malé route from June 1. The Maldivian capital will become the first destination in the south Asian region to be served …
Read More »Pakistani stocks close lower
Media In / Islamabad 03-05-2019 The index of the Karachi Stock Exchange, Pakistan’s largest stock market, closed today down 1.18%, or 424 points, and closed at 36122 points. A total of 48576,200 shares were traded in 313 transactions, during which the market value of shares of 84 companies rose, and …
Read More »Bourse Tunis closes lower
03-05-2019 Media In\ Tunisia The main index of the Tunisian Stock Exchange (TONANDEX) closed today down 0.44% to close at 6857.02 points. According to data from the bourse website, the volume of transactions amounted to 1. 936 million Tunisian dinars, amid the rise of shares of 11 companies and the …
Read More »Mansouri inaugurates the first Gulf Inventors Forum
03-05-2019 Media in\ Dubai The meeting was presided over by the Minister of Economy, Sultan bin Saeed Al Mansouri, who underlined the importance of promoting an innovation-friendly environment combining financial incentives, social norms and knowhow to ensure smooth transition to an innovation-based economy in line with the UAE Vision 2021. …
Read More »Rising inflation in the euro area
Media In / Luxembourg 03-05-2019 European Union statistics agency Eurostat said today that inflation in the single currency region rose in April by an annualized 1.7 percent from 1.4 percent in March. Despite this rise, inflation in April remains below the European Central Bank’s target of 19 countries, slightly less …
Read More »Emaar and P&O Marinas launch Dh25bn Riviera Style Coastal destination in the heart of Dubai
Media IN/ Dubai/03-05-2019 Dubai’s largest master developer Emaar Properties and DP World’s P&O Marinas are starting a Dh25 billion coastal project that will transform the emirate’s historic port area. The project, dubbed Mina Rashid, will be a riviera-style coastal destination by the Dubai Creek, Emaar Properties said in a statement …
Read More »Jazan Chamber and Saudi Ministry of Al-Iskai Recognize Building Platform
Media In / Jizan 02-05- 2019 Jazan Chamber, in cooperation with the Ministry of Housing, represented by the Development Housing, organized a meeting in the presence of the Director of Housing Development Department Eng. Mohammed Al Dakhil, Director of Development Housing Department in Jazan Region and a number of businessmen …
Read More »Oil is falling and heading for a weekly drop amid growing US production
Media In / Singapore 03 -05-2019 Oil prices have been revised today, paving the way for a weekly drop as an increase in US production is expected to begin with access to world markets soon. At 0646 GMT, Brent crude futures were trading at $ 70.49 a barrel, down 26 …
Read More »Sharjah Ramadan Festival to kick off 6th May, 2019- SCCI
Media in / Sharjah /03-05-2019 / WAM The Sharjah Chamber of Commerce and Industry (SCCI) will organize the 30th edition of the “Ramadan of Sharjah” 2019 festival under the slogan “Have Ramadan and Surprises Happened” in cooperation and coordination with a number of government and private departments and institutions working …
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