Media In / Jeddah 20 January 2019 Saudi Arabia’s King Abdullah Port Authority has confirmed that the port’s annual production capacity has increased to 2,301,595 TEU by the end of 2018, an increase of over 36% compared to 2017, thus maintaining the status of the largest container port in the …
Read More »Cooperation between Dubai Land and Emirates Council for Investors Abroad
Media In Dubai – 20 January 2019 / WAM / The Dubai Land Department has signed a Memorandum of Understanding (MoU) with the Emirates Council for Overseas Investors (EIPA) to enhance strategic cooperation and exchange of expertise between the two entities. The MoU aims at exchanging knowledge, experiences and institutional …
Read More »French Development Agency: We trust the Egyptian economy after the recent economic reforms and support new development projects in Egypt
Media In – Cairo – 20 January 2019 During her visit to the French capital Paris to meet with the OECD Conference on Private Investment for Sustainable Development, Dr. Sahar Nasr, Minister of Investment and International Cooperation, Philippe Baudon, Executive Vice President of the French Agency for Development, The role …
Read More »The opening of the Smart Grid Station in Ruwiya
Media In Dubai – 20 January 2019 / WAM / HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Air Authority and Chairman of Emirates Airline, Chairman of the Dubai Supreme Council of Energy, opened the Smart Grid station of the Dubai Electricity and Water Authority (DEWA) in the …
Read More »44 billion dirhams of bank loans to the industrial and trade sectors in 11 months
MEDIA IN \ 20-01-2019 / WAM The value of loans received by the industrial and commercial sectors rose to approximately AED 44 billion during the first 11 months of 2018, which increased the cumulative balance of facilities to AED 793.3 billion at the end of November. The increase in the …
Read More »Egypt .. Start the project “The Walk of Cairo” in February
20-01-2019 MEDIA IN \ AGENCIES Egypt’s leading private equity firm, Compass, announced on Sunday the launch of its first phase of the Walk of Cairo project in February. The project is located in West Cairo on an area of 11600 square meters, and includes 100 commercial units beside entertainment and …
Read More »Saudi Arabia: “Target” bears 30% of the wages of citizens in the private sector during the first year
Riyadh / Media on January 20, 2019 Human Resources Development Fund (HADAF) confirmed that the program “Support for Skill Employment” will cover 30% of the wages of Saudis and Saudi women employed in private sector establishments in the first year. This comes as a result of the Fund’s efforts to …
Read More »“Federal Taxation” sets out 4 conditions for the “refund” of foreign business
Media In 19-01-2019 / WAM The Federal Tax Authority has set forth four basic conditions for the recovery of value added tax (VAT) by foreign businesses in a guide on “VAT refunds for foreign businesses” on the official website of the Commission. , The first requirement is that foreign businesses …
Read More »International delegates look forward to the activities of “Steel Fab 2019”
Media IN / 19-01-2019 / WAM Officials and decision-makers from Kosovo, Finland, Germany, Morocco and several other countries have been briefed on the steel and metal industry event “Steel Fab 2019”. During the visit, the delegation discussed with Sif Mohammed Al Madfa, CEO of Sharjah Expo Center, areas of cooperation …
Read More »President of Dubai Ports calls for the removal of barriers and infrastructure development in African countries
Media In 19-01-2019 19 / WAM Sultan Ahmed bin Sulayem, Chairman and CEO of DP World, called on the importance of removing barriers, increasing connectivity between African countries and developing infrastructure to achieve economic growth in the continent, stressing that DP World and its investments in Africa support the growth …
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