02-03-2019 Media in\ Dubai Dubai Gold and Commodities Exchange (DGCX) and Dubai Commodity Clearing Company (DCCI) today announced the expansion of their existing metal products portfolio through the launch of new base metals contracts. The new producers of aluminum and zinc futures contracts will begin trading on March 22nd. The …
Read More »Emirates Bank for Development successfully issues the first US $ 750 million bond issue
02-03-2019 Media in\ Abu Dhabi Emirates Development Bank (EAD), rated AA- by Fitch, has successfully issued a $ 750 million bond with a maturity of 5 years. Emirates Development Bank, which is wholly owned by the federal government of the United Arab Emirates, has launched its first 750 million dollar …
Read More »Jafza reviews the opportunities and services of the food and beverage trade sector
01-03-2019 Media in\ Dubai Jebel Ali Free Zone discussed with customers from food and beverage companies how to develop strategies that will help the sector achieve growth and explore opportunities and challenges for the next few years. Abdullah Bin Damithan, Executive Director, Commercial Affairs, DP World, UAE, delivered a speech …
Read More »“Economy” honors the winners of the “Generations of Cooperative”
01-03-2019 Media in\ Dubai The Ministry of Economy honored the winners of the “Ajyal Co-operative” award in its ninth session and honored the winners and sponsors since its launch 10 years ago at a special ceremony organized by the Department of Cooperatives at the Intercontinental Festival City Hotel in Dubai. …
Read More »AED 4.3 billion in Dubai property transactions in a week
01-03-2019 Media in\ Dubai Real estate action in Dubai this week was AED 4.3 billion. The Dubai Land Department recorded a total of 960 pledges of AED 2.3 billion, of which 77 million were sold for land and AED 883 were sold for apartments and villas worth AED 1.3 billion. …
Read More »Dubai Customs presents its experience and initiatives to the UAE Government Leaders program
01-03-2019 Media in \Dubai Dubai Customs has reviewed its pioneering experience in the customs sector and its innovative initiatives for graduates and employees of the UAE Government Leadership Program as part of the “Emirates Practices” initiative launched by the program aimed at enhancing the continuous learning tools that it provides …
Read More »Fujairah on the list of global oil storage hubs
01-03-2019 Media in\ Fujairah The Fujairah Chamber of Commerce and Industry (FCCI) is the world’s largest oil storage hub along with Houston, Singapore, Amsterdam, Rotterdam and Antwerp, benefiting from its location outside the Strait of Hormuz, one of the busiest and most sensitive waterways in the world. Experts estimate that …
Read More »Dubai to host Agra Middle East exhibition and conference March 5
28-02-2019 Media in\ Dubai The Agra Middle East exhibition and exhibition will be held on March 5 and will last for 3 days at Dubai World Trade Center under the patronage of the Ministry of Climate Change and the Environment. Focusing on crop, livestock, aquaculture and animal health, Agra Middle …
Read More »$ 1.4 billion profit for 30 listed insurance companies in 2018
28-02-2019 Media in\ Abu Dhabi The combined net profit of 30 insurance companies listed on the UAE stock markets reached AED 1.4 billion in 2018, almost the same as in 2017. According to an analysis of the financial statements announced by an insurance company listed in Abu Dhabi and Dubai …
Read More »SR 154 million Cost of operating a plant in Saudi Arabia
Media In / Riyadh February 27, Saudi Electricity Company announced today the operation of the main transmission station 8846 (132 KV – 13.8 KV), located north of the province of Ras, at a cost of 154.2 million riyals. The company explained that the safe capacity of the station is 120 …
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