28-04-2019 Media in\ Abu Dhabi The total assets of the 10 national banks, which disclosed their financial statements, increased to AED 1.3 trillion in the first quarter of 2019, an increase of 40 billion dirhams and a growth of 3.1% compared to 1.26 trillion dirhams in the same period of …
Read More »Abu Dhabi Fund for Development injects AED 9 billion to develop 82 projects in Morocco
Media in\ Abu Dhabi 28-04-2019 / WAM Abu Dhabi Fund for Development financed 82 development projects in the Kingdom of Morocco with a total value of 9 billion dirhams. These funds contributed to the support and development of major sectors, including ports, roads, transportation, social development, education services, health care …
Read More »Iraqi stock market closed high
28-04-2019 Media in\ Baghdad The index of the Iraqi Stock Exchange today increased by 0.53%, stopping at 465.64 points. The index recorded the rise of the shares of 5 companies and the decline of 9, while 19 companies maintained the stability of their shares. The number of shares traded amounted …
Read More »Ajman Organizes Workshop to sensitize inspectors on counterfeit Communication Devices
28-04-2019 Media in\ Ajman The Department of Economic Development in Ajman hosted an awareness workshop on the prohibited and counterfeit telecommunications devices of the Telecommunications Regulatory Authority (TRA). The workshop, which was presented by Mr. Idruss Hashemi during the Commission, aimed to familiarize the inspectors with the latest methods of …
Read More »Hotel revenues in Abu Dhabi rose by 16.5% in December, 2018
28-04-2019 Media in\ Abu Dhabi Hotel accommodation revenues in Abu Dhabi rose by 16.5% in December 2018 compared to the same month of 2017. The rise in revenues came despite a drop in the housing price index by 2.9% during the month of December last year, according to figures released …
Read More »Saudi Basic Industries Corporation (SABIC) reported a net profit of SAR 3.41 billion for the first quarter of 2019
Media In / Riyadh 28 April 2019 Saudi Basic Industries Corporation (SABIC) posted a net profit of SAR 3.41 billion in the first quarter of 2019, an increase of 5% compared to SAR 3.24 billion achieved in the previous quarter. Total sales for the first quarter were SAR 37.37 billion, …
Read More »Saudi Arabia: King Abdullah II Port ranked among the fastest growing ports in the world.
Media In / Jeddah, April 28, 2019 The King Abdullah Port of Economic City in Rabigh, Saudi Arabia, is ranked second among the fastest growing ports in the world for 2018, according to the classification of “Alalainer” specialized in the analysis of data transport and port capabilities and the future …
Read More »RTA accomplishes 75 smart city, artificial intelligence projects
media IN DUBAI, 27th April, 2019 (WAM) The Roads and Transport Authority,RTA, announced the completion of 75 projects as part of the Smart City and Artificial Intelligence Programme. Projects completed relate to the smart organisation, infrastructure, smart vehicles, data management, artificial intelligence and smart and sustainable transport. RTA supports the …
Read More »Chinese gov’t Sign agreements worth $ 64 billion in “Belt and Road Forum”
27-04-2019 Media In /BEIJING+ Agencies Chinese President Xi Jinping said Saturday that more than 64 billion US dollars worth of deals had been signed at the Beijing-Beijing Road and Road Initiative Summit. Xi said in his remarks during the closing session of the summit that the principles of the market …
Read More »Developing and enhancing the role of the market maker under discussion by the Capital Markets Advisory Board
27-04-2019 Media in\ Abu Dhabi The Capital Market Advisory Council recommended at the end of its third meeting in Abu Dhabi the need to coordinate on enabling market makers to select securities for their market industry, balancing liquid and liquid liquidity securities, holding workshops to raise awareness of the role …
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