06-02-2019 Media in\ Abu Dhabi The UAE will participate in the “International Exhibition in Tokyo” which will be held from February 11 to 15, represented by the Ministry of Economy. The delegation includes 35 participants from officials and representatives of concerned federal and local government agencies, business leaders, representatives of …
Read More »More than one and a half billion Saudi Electricity Company profits during the fourth quarter of 2018
Media In / Riyadh February 6, 2018 Saudi Electricity Company recorded net profit after Zakat and tax of SR 1.785 billion for the fourth quarter of the fiscal year 2018 compared to SR 6.9 billion during the corresponding period of the previous year with a decrease of 74.2% while the …
Read More »Dnata strengthens its position in the local and international shipping industry
06-02-2019 Media in\Dubai Dnata, one of the world’s largest air service providers, has announced that it has raised its stake in two companies in Dubai, which will strengthen its position in the shipping industry locally and globally. Dnata bought a 50 per cent stake in Dubai-based Freetronics LLC and 25.5 …
Read More »Austria welcomes the entry into force of the “EU-Japan Economic Partnership”
MediaIn / Vienna 06-02-2019 / WAM Austrian Chancellor Sebastian Kurtz welcomed the entry into force of the EU-Japan Economic Partnership Agreement earlier this month, and Kurtz predicted that the agreement would provide new opportunities for Austrian companies in Japan. . Pointing out that Japan is the third largest market to …
Read More »The UAE participates in a meeting of senior officials of the ministries of economy in the Arab countries
06-02-2019 Media in\ Cairo The UAE participated in the “103” session of the Arab Economic and Social Council, which was held today at the headquarters of the General Secretariat of the League of Arab States at the senior level of the ministries of economy to prepare for the ministerial session …
Read More »Dubai Islamic Bank list $ 750 million Sukuk in NASDAQ Dubai
06-05-2019 Media in\ Dubai Dubai Islamic Bank (DIB) today announced the listing of US $ 750 million Sukuk in NASDAQ Dubai. The sukuk issue was oversubscribed 4.9 times and at a profit rate of 6.25 per cent per annum. Sukuk investors outside the Middle East accounted for nearly 40 percent. …
Read More »Khalifa Fund signs $ 25 million SME support agreement with Niger
Media IN / Niamey 06-02-2019 / WAM The President of the Republic of the Niger, Essof Mamdou, hailed the friendly relations and cooperation between his country and the UAE, and the support and mutual interest it enjoys in promoting them to all fields. During his meeting with Mr. Hussein Jassim …
Read More »Dubai hosts retail summit February 13
05-02-2019 Media in \Dubai Dubai, February 13-14, will host business leaders and entrepreneurs at a new summit to discuss the future of retail, with more than 600 retail executives from around the world and more than 80 industry experts attending. With 62 per cent of the world’s retail outlets in …
Read More »DP World to handle 71 million TEUs through global portfolio in 2018
05-02-2019 Media in\ Dubai Dubai Ports World (DP World) today announced that it will handle 71.4 million TEU / 20 feet TEUs through its global business portfolio in 2018, recording an annual increase in total account volumes based on accounting reporting of 1.9 per cent and an increase of 2.9 …
Read More »Arab Economic Commission to discuss ways and means of economic integration
05-02-2019 0Media in \Cairo The Economic Committee of the Arab Economic and Social Council (ECOSOC) has prepared a draft agenda for the 103rd session of the Council at the level of senior officials tomorrow and the ministerial level on Thursday under the chairmanship of the Sultanate of Oman. The draft …
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