News

31-03-2019 Media in\ Dubai Ducab announced consolidated sales of AED 4.8 billion in 2018, an increase of 7% over the previous year. The Group currently operates six industrial facilities in four cities in the UAE and currently has a staff of more than 1,600 employees. Ducab has four business units: …

31-03-2019 Media in\Abu Dhabi Dana Gas, listed on the Abu Dhabi Securities Exchange (ADX), has received a new AED 70 million ($ 19 million) payment from its operations in Egypt. This payment is part of the ongoing efforts by the Government of Egypt to reduce its arrears in zero to …

Media in\ Abu Dhabi, 31-03-2019, Total bank assets, including bank acceptances, increased by 1.0% to AED 2.909 trillion by the end of February 2019 compared to 2.913 trillion in January of the same year. Central bank data showed total bank credit increased 6 percent from 1.662 trillion dirhams at the …

Media IN Abu Dhabi 31-03-2019 / WAM The total value of transactions executed between UAE banks through the UAE Exchange System (UAFTS) was AED 1.684 trillion during January and February of 2019 compared to AED 1.6 trillion during the same period of 2018. Figures released by the Central Bank of …

31-03-2019 Medea in\ Kathmandu An official and trade delegation from the United Arab Emirates participated in the Nepal International Investment Summit 2019 in the Nepali capital with the participation of a group of businessmen and representatives of investment companies in the country. During the summit, Abdullah bin Ahmed Al Saleh, …

31-03-2019 Media in\ Abu Dhabi The Abu Dhabi Securities Exchange (ADX) recently held meetings with the Amman Stock Exchange, Jordan Securities Commission and representatives of a group of companies listed on the Amman Stock Exchange to identify the opportunities and advantages offered by the dual listing In the Abu Dhabi …

Media in\ Abu Dhabi At its annual meeting held at the Abu Dhabi Chamber of Commerce and Industry (ADCCI), Agthia’s General Assembly approved a cash dividend of 15%, or AED 90 million. Agthia Group reported a net profit increase of AED 211 million in 2018, or 11 per cent, after …

30-03-2019 Media in\ Beijing China’s official PMI index in March reached 50.5, up 1.3 percentage points from the previous month, according to official data released today. Zhao Qinghe, an official with China’s National Bureau of Statistics, said the PMI manufacturing index in March rose above 50 after it remained below …

30-03-2019 Media in\ Dubai HE Sultan bin Saeed Al Mansouri, Minister of Economy, said that the preliminary estimates issued by the Federal Authority for Competitiveness and Statistics indicate the growth of the economic performance of the country based on growth in oil resources resulting from the rise in international oil …

30-03-2019 Media in\ Ajman The Standing Committee for Economic Development of the Ajman Executive Council reviewed the efforts of the Dubai Center for the Development of the Islamic Economy during the third session of the Committee for 2019 and discussed the latest developments in the economic affairs of the Emirate …