Media in\ Dubai 02-05-2019 / WAM The eighth annual Emirates Green Building Council conference discussed the importance of the cyclical economy model in the construction sector in support of sustainable development goals in the UAE according to 2021 Vision. The event was held on May 1 and 2 at the …
Read More »Oil prices are falling as US production hit a record high
Media In / Singapore 02-05- 2019 Oil prices fell today under the weight of record US crude production, leading to a rise in inventories. Brent crude futures were at $ 71.81 a barrel, down 35 cents, or 0.5 percent, from their latest close. US crude was down 27 cents, or …
Read More »Kuwait Stock Exchange (KSE) ended the week at 61.21 points
02-05-2019 Media in\ Kuwait The Kuwait Stock Exchange ended the week with a rise of 61.21 points to reach 5694.9 points, up by 1.09 percent. The total volume of shares traded reached 84.22 million shares through 5666 transactions worth KD 21.31 million (about USD 72.45 million). The main index …
Read More »UAE and Uzbekistan launch plan to activate partnership between the two Counties.
02-05-2019 Media in\ Tashkent The UAE and the Republic of Uzbekistan launched a plan to activate the partnership between the two friendly countries in the fields of work in implementation of the protocol of cooperation concluded between the two countries in April. The Minister of Human Resources and Emiratization, Nasser …
Read More »Abu Dhabi Chamber concludes the 2019 qualification and preparation program
02-05-2019 Media in\ Abu Dhabi Abu Dhabi Commercial Arbitration and Arbitration Center (ADCCI), one of the initiatives of the Abu Dhabi Chamber of Commerce and Industry (ADCCI), completed the final and final phase of the 2019 Rehabilitation and Preparation of Arbitrators program, which consisted of providing participants with a practical …
Read More »Net foreign investment in Abu Dhabi Securities Exchange reached AED 2.2 billion since the beginning of 2019
02-05-2019 Media in\ Abu Dhabi Net foreign investment in the Abu Dhabi Securities Market (ADX) doubled during the first four months of 2019 after it reached AED 2.2 billion, an increase of AED 1.1 billion compared to AED 1.1 billion in the same period of 2018. The official figures published …
Read More »Saudi Development Fund signs Saudi export guarantee document
02-05-2019 Media in\ Riyadh The Saudi Development Fund signed a Saudi export guarantee certificate for cement services for the industry through its Saudi export program covering the company’s exports of its products from the metal sinks and conveyor belts to more than seven million Saudi riyals. The document was signed …
Read More »Banks inject 35 billion dirhams in their portfolios during the first quarter of 2019
02-05-2019 Media in\ Abu Dhabi Total value of investments of banks operating in the UAE increased to AED 367.8 billion during the first quarter of 2019, a growth of 10.5% to AED 35 billion compared to the end of 2018, according to figures released by the Central Bank of the …
Read More »Emirates announce new codeshare partnership with Brazilian LATAM Airlines
Media IN/ Thursday, May 2nd, 2019 7:38am  Media IN/ BRAZIL, 2nd May, 2019 (WAM) Today Emirates airline announced a new codeshare partnership agreement with LATAM Airlines Brazil covering domestic services in Brazil, providing greater choice and connectivity to its customers. According to the agreement, Emirates passengers travelling to and …
Read More »Saudi Arabia appoints a permanent representative to the International Maritime Organization (IMO
01-05-2019 Media in\ Riyadh The Secretary-General of the International Maritime Organization (IMO), Kitak Lim, received the credentials of Maj. Essam Al-Amari, Permanent Representative of the Kingdom of Saudi Arabia to the Organization’s headquarters in London, in the presence of Chargé d’Affaires of the Custodian of the Two Holy Mosques in …
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