Media IN/ABU DHABI, 30th April, 2019 (WAM) In order to promote the golden state to travellers from around the world, Etihad Airways has partnered with ‘Visit California’ . The agreement was announced this week at the Arabian Travel Market in a signing ceremony with Robin Kamark, Chief Commercial Officer of …
Read More »Minister of Commerce Honors Saudi Council of Chambers as Successful Partner in Facility Finance Conference
30-04-2019 Media in\ Riyadh The Minister of Trade and Investment, the Council of Saudi Chambers represented by its President, was honored as a key success partner in the 2019 SME Financing Conference organized by the SME Financing Program in cooperation with the World Bank Group, in the presence of the …
Read More »Sheikh Mohammed bin Rashid approves ‘Happiness and Leisure’ projects package
Media IN/DUBAI, 30th April, 2019 (WAM) His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved a package of future projects to be developed by the emirate’s Roads and Transport Authority, RTA. The projects, aimed at enhancing the happiness of residents, include …
Read More »Kuwait Stock Exchange ends its trading on the decline of the general index
30-04-2019 Media in\ Kuwait Kuwait Stock Exchange ended the day with a decrease of 12.3 points to reach 5630 points, a decrease of 0.22%. The volume of the index was 84 million shares through 4015 transactions worth KD 19.12 million (about US $ 65 million). The main index fell 49.05 …
Read More »Investcorp acquires US Distribution Centre Portfolio for US$170 million
Media IN/ MANAMA, 30th April, 2019 (WAM) Investcorp today announced that its US-based real estate investment team recently acquired a portfolio of eight single-tenant distribution properties in various locations across the US for a combined purchase price of approximately US$170 million. The properties in the portfolio total 1.4 million square …
Read More »OPEC daily basket price announced for Monday
Media IN/VIENNA, 30th April, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$ 71.07 a barrel on Monday, 29th April, compared with $72.38 the previous Friday, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …
Read More »Japan’s imports of crude oil from UAE amounts to 21.817 million barrels in March
Media IN/ TOKYO, 30th April, 2019 (WAM) Japan has imported from the UAE 21.817 million barrels of crude oil in March 2019, data released by the Agency of Energy and Natural Resource in Tokyo showed. This accounts for 21.9 percent of Japan’s total crude imports, said the agency that belongs …
Read More »Saudi Mining Company: Establishes a contract to construct two mines and a metal plant
30-04-2019 Media in\ Riyadh The Saudi Arabian Mining Company Ma’aden has announced that its wholly-owned subsidiary, Ma’aden Gold and Minerals Foundation, has signed a contract to develop the Mansoura and Mansoura mines and set up their own gold production plant on the Ototec, Larsen and Tobero Group to undertake …
Read More »“Abu Dhabi Commercial” and “Union National” start integration tomorrow
30-04-2019 Media in\ Abu Dhabi The merger of Abu Dhabi Commercial Bank and Union National Bank and the acquisition of Al Hilal Bank will begin on Wednesday. The new entity will be traded on the Abu Dhabi Securities Exchange. The merger is the third in the UAE’s banking sector and …
Read More »Austria and China sign memorandums of understanding to strengthen bilateral relations in several fields
Media In \ Vienna 30-04-2019 / WAM Austria and the Chinese government have signed several memorandums of understanding to strengthen bilateral cooperation in various fields, including economic and cultural cooperation, scientific research and enhanced cooperation between Austrian and Chinese companies through the Third Party Agreement, which allows Austrian companies to …
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