Media in Ajman – 17 December 2018 / WAM / His Highness Sheikh Humaid bin Rashid Al Nuaimi, Member of the Supreme Council and Ruler of Ajman, approved the general financial plan of the Government of Ajman for the fiscal years 2019-2020-2021 with a balance of no less than 4.140 …
Read More »6% growth in the monetary base in the UAE during the month of November
Media In Abu Dhabi, 17 December 2018, The value of the monetary base in the UAE jumped to AED 371.6 billion by the end of November 2018, an increase of AED 22 billion and a growth of about 6% compared to AED 350.6 billion in October of the same year. …
Read More »Kuwait Stock Exchange ended the trading session on the rise of the general index 2.9 points
Media In-Agencies 17 -12-2018 The Kuwait Stock Exchange ended the day on the rise of the index of 2.9 points to reach the level of 5162.5 points, up by 0.6%. The total volume of trading in the index reached 7.97 million shares through 4457 transactions amounting to KD 20.9 million …
Read More »The “Sham 1” car ship was anchored at Yanbu Saudi Port
Media In / Yanbu 17 December 2018 The Saudi commercial port of Yanbu, the Lebanese “Cham 1” vehicle, has 21 buses. This comes within the framework of the efforts of the management of Yanbu Commercial Port to attract more shipping lines and provide competitive services and facilities to customers to …
Read More »Saudi Arabia: Operation of the Zulfi station costing 499 million riyals
Media In /Riyadh December 17, The Saudi Electricity Company for the development of projects started operation of the main Zulfi power station, 380/132/33 kV, which was established according to the latest international standards, at a total cost of 499 million riyals. The station aims to further enhance the reliability and …
Read More »UAE and China sign the approved operator’s business plan
Media In – Abu Dhabi – December 17, 2018 The United Arab Emirates and the People’s Republic of China have signed a plan of action for mutual recognition of the approved economic operator program, with the aim of enhancing trade exchange and customs cooperation between the two countries through the …
Read More »Union of Chambers of “Gulf Cooperation” reviews the draft budget estimate for 2019
Media In – Abu Dhabi – December 17, 2018 The 44th Meeting of the Executive Leadership Committee of the GCC Chambers of Commerce was held at the headquarters of the Federation of Chambers of Commerce and Industry in the United Arab Emirates. The meeting was chaired by HE Hamid Mohammed …
Read More »ADNOC Distribution opens its first station in Dubai
Media In – Abu Dhabi – 17 December 2018 ADNOC Distribution has announced the opening of its first petrol distribution facility in Dubai, located in the Dubai Investment Park area. Saeed Al Rashidi, Acting CEO of ADNOC Distribution, the UAE’s largest fuel and retail company, said the launch of ADNOC …
Read More »Emirates Steel completes Murabaha deal worth $ 400 million
Media In Abu Dhabi – 16 December 2018 / Emirates Steel Company announced the completion of a $ 400 million murabaha transaction under which it will receive a refinancing loan that will give it more financial flexibility and help streamline its debt structure as well as support existing growth plans. …
Read More »Under the patronage of Mohammed bin Zayed .. Launching the joint Arab vision for the digital economy
Media In Abu Dhabi, December 16, 2018 The Arab League launched the first Arab Digital Economy Conference in Abu Dhabi under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The Secretary General of …
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