Media In / Riyadh November 28, 2018 According to the monthly report of the Saudi General Organization for Statistics, “GaStat”, a decrease in the index of prices during October 2018, the index reached 106.8% 0.3% compared to the previous month of September 2018. It is reported that the monthly leakage …
Read More »More than 14 thousand rounds of real estate brokerage facilities in Saudi Arabia within 10 months
Media In / Riyadh November 28, 2018 The “Rent” program teams of the Saudi Ministry of Housing have conducted a number of monitoring tours on real estate brokerage facilities in different parts of Saudi Arabia. The number of tours has reached more than 14,000 inspections in the last ten months. …
Read More »Two-year fee exemption for new economic licenses IN Abu Dhabi
Media IN / Abu Dhabi / 27th November 2018 (WAM) The Executive Council of the Emirate of Abu Dhabi has issued a decree exempting all the new economic licenses in the emirate from all local fees for two years from the date of issuance of the license and a decision …
Read More »Agreement to finance the second phase of the UAE rail network
Media In Abu Dhabi, November 27, 2018 (WAM) The Ministry of Finance and the Finance Department of Abu Dhabi signed an agreement to finance the second phase of the UAE national rail network being developed by the Union Railway Company. The second phase extends 605 kilometers from Ghweifat on the …
Read More »DAE allocates $ 300 million to bond repurchase program
Dubai, November 27, 2018 (WAM) Dubai Aerospace Enterprise (DAE) today announced that its Board of Directors and shareholders have approved an additional $ 300 million for bond buybacks to be made through open market transactions. To date, DAE has repurchased US $ 295 million of US $ 300 million under …
Read More »Abu Dhabi ports to raise capacity to 5.5 million TEUs by 2021
Media In Abu Dhabi, November 27, 2018 (WAM) Abu Dhabi Ports has selected Kony Crane to supply its automated stacking cranes (ASC) in the second phase of the construction of the container terminal run by Khalifa Port. In line with the vision of the UAE’s wise leadership, the Abu Dhabi …
Read More »Saudi Arabia calls on five free trade companies to correct their situation
Media In / Riyadh November 27, 2018 The Saudi Arabian Monetary Agency (Sama) called a number of free professions companies (the insurance agency), which did not comply with the full regulatory requirements and instructions related to activity, to correct their situation within 20 days. It is worth mentioning that these …
Read More »The introduction of the “Marks on tobacco and its products” system will begin next January
Media In-Abu Dhabi, 27 November 2018 HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance and Chairman of the Federal Tax Authority issued a decree on the application of the labeling system to tobacco and tobacco products. From 1 January 2019 for all types …
Read More »Pakistan stocks close 0.30%
Media IN \Agencies November 27, The index of the Karachi Stock Exchange, the largest stock market in Pakistan today, rose by 0.30 percent, equivalent to 122 points, and closed at 40894 points. A total of 70707910 shares were traded in 367 transactions. The market capitalization of 144 companies rose, 191 …
Read More »Muscat Securities Market Index closes 0,14%
Media IN\Agencies November 27, The Muscat Securities Market (MSM) index closed at 87,4386 points, down 19.6 points, or 14.0 percent, compared to the last trading session of 4,393. The turnover amounted to 2 million 460 thousand and 516 riyals, a rise of 27 percent compared to the last trading …
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