01-04-2019 Media in \Abu Dhabi Revenues of National Petroleum Construction Company, a subsidiary of General Holding Company, Abu Dhabi Industries, amounted to AED 5.3 billion at the end of last year, an increase of 7% compared to AED 4.9 billion in 2017, indicating the size of the company, its projects …
Read More »
31-03-2019 Media in\ Ajman HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, issued Amiri Decree No. 5 of 2019 regarding the Smart Gate for Smart Payment in the Ajman Government, effective from the date of its issuance and the Department of Finance is responsible for managing and …
Read More »
31-03-2019 Media in \Abu Dhabi Abu Dhabi Distribution Company (ADDC), a subsidiary of the Abu Dhabi Power Corporation (ADEC), recorded a decline in electricity consumption in the Emirate of Abu Dhabi by 181 MW during Earth Hour 2019. Earth Hour is one of the initiatives aimed at raising the awareness …
Read More »
31-03-2019 Media in\ Fujairah The Fujairah Chamber of Commerce and Industry and the UAE Federal Government’s Export Credit Corporation signed a Memorandum of Understanding (MoU) to empower and assist local exporters and companies in the emirate of Fujairah to access international markets. Khalid Mohammed Al Jassim, General Manager of the …
Read More »
31-03-2019 Media in\ Paris A delegation from the World Organization for Free Zones (FOZ) met under the chairmanship of Dr. Mohamed Zerouni, President of the World Organization of Free Zones, and the heads of 20 Free Zones from around the world joined the OECD Task Force on Combating Illicit Trade …
Read More »
30-03-2019 Media In\ Brussels Dnata, one of the world’s largest air service providers, opened a new cargo facility at Brussels airport in Belgium with an investment of 8 million euros. The new facility of 14,000 square meters provides more than 100 jobs. It also greatly enhances shipping capabilities in the …
Read More »
31-03-2019 Media in\ Dubai The UAE Banking and Financial Institutions Group has highlighted the issues related to the fight against money laundering crimes and their risks, and the mechanisms to enhance the work of the exchange and remittance companies in the UAE. The meeting was attended by more than 170 …
Read More »
31-03-2019 Media in\ Dubai Arab Bank Group posted net profit after taxes and provisions of US $ 820.5 million at the end of 2018 compared to US $ 533 million at the end of 2017, while pre-tax profit was US $ 1.1 billion. The Ordinary General Assembly of the shareholders …
Read More »
31-03-2019 Media in\Dubai Emirates Aluminum International, Mubadala Investment Company and DUBAL Holding have officially laid the foundation stone for a state-of-the-art energy production and desalination plant at a cost of one billion dirhams at the Emirates International Aluminum smelter in Jebel Ali. Emirates International Aluminum is the largest industrial company …
Read More »
31-03-2019 Media in\ Dubai The Roads and Transport Authority (RTA) signed an extension contract for operation and maintenance of the Dubai Metro with Sirco UK Limited until September 2021, worth AED 680 million, equivalent to £ 140 million. The new contract includes the operation and maintenance of the 2020 route, …
Read More »
Media ININ Economy We Trust