Media In Abu Dhabi – 6 December 2018 / WAM / ADNOC Distribution announced the launch of its new operations in Saudi Arabia with the opening of two new service stations this week, one near Riyadh and the other in the Eastern Province. This is part of the company’s commitment …
Read More »22 million tons of cargo handled in Saudi ports during November 2018
Media In / Riyadh December 6, A total of 22.67 million tons of cargo handled in Saudi ports during the month of November 2018 was recorded, an increase of 6.14% compared to the corresponding period. The number of handling containers reached 521 thousand containers , An increase of 1.21% compared …
Read More »The growth of hotel revenues in Abu Dhabi was 5.5% in 8 months
Media In Abu Dhabi 6 December 2018 / The value of hotel accommodation in Abu Dhabi rose by 5.5% during the first eight months of 2018 compared to the same period of 2017, according to the latest figures released today by the Abu Dhabi Statistics Center. On a monthly basis, …
Read More »41% growth in Abu Dhabi’s exports in 3 months
Media In – Abu Dhabi 6 December 2018 / The total value of Abu Dhabi’s total exports reached AED 13.4 billion during the third quarter of 2018, an increase of 41% compared to AED 9.5 billion during the same period of 2017. The increase in the value of exports came …
Read More »75% increase in SABIC stake in the Japan-Saudi-United Methanol Partnership
Media In / Riyadh 5 December 2018 Saudi Basic Industries Corporation (SABIC) has signed an agreement to extend its partnership with Japan United Methanol Company to expand its strategic relationship with its global partners and to strengthen its leadership position in the petrochemical industry, including methanol. The agreement was extended …
Read More »The UAE economy will grow by more than 3 percent in 2019
Media In 5-12-2018 UAE Economy Minister Sultan bin Saeed Al Mansouri said today that the UAE economy will grow between 2.5 and 3 percent in 2018 and then accelerate to more than 3 percent in 2019. This is in line with the latest estimates by the International Monetary Fund, which …
Read More »Abu Dhabi’s non-oil trade rose to 122.2 billion dirhams
Media In Abu Dhabi, 5 December 2018, The value of non-oil foreign trade through the ports of Abu Dhabi reached 122.2 billion dirhams during the first nine months of 2018 with a growth of 5.2% compared to 116.1 billion dirhams in the same period of 2017. The increase in the …
Read More »Abu Dhabi Chamber is committed to supporting the trade and investment partnership with Lebanon
Media In – Abu Dhabi – December 5, 2018 The Abu Dhabi Chamber organized the UAE-Lebanese Forum, which comes within the framework of strengthening the partnership and developing the commercial relationship with Lebanon, based on the firm conviction that the forum will achieve joint economic cooperation and create new investment …
Read More »AED 1.077 billion balance of the Central Bank of gold during October
Media In Abu Dhabi, 5 December 2018, The Central Bank of the UAE’s gold bullion stood at 1.077 billion dirhams in October 2018, an increase of 2.2% compared to 1.053 billion dirhams in September of the same year. The rise in the Central Bank’s gold balance coincided with the sharp …
Read More »29 thousand car parts were seized in Riyadh
Media In / Riyadh 5 December 2018 Intensive investigations by the Saudi Ministry of Trade and Investment, in support of the Joint Security Campaign in cooperation with the Ministry of Labor, have resulted in the seizure of more than 29,000 spare parts for fake and fake oil and air filters …
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