Media IN – 27 November 2018 / WAM / The Securities and Commodities Authority (ESCA), the Dubai Financial Services Authority (DFSA) and the Abu Dhabi Global Financial Services Regulatory Authority have agreed to facilitate the licensing and promotion of their mutual funds across the UAE. Sultan bin Saeed Al Mansouri, …
Read More »47 vessels crossing the Suez Cana
Media IN\ Agencies November 27, Today, 47 vessels of the Suez Canal crossed the Suez Canal in both directions, with a total tonnage of 3 million and 400 tons. The North Sea convoy included 27 ships with tonnage of 2 million tons, while the southern convoy included 20 ships …
Read More »Japanese stocks rise in morning trading
Media IN\ Agencies November 27, Japanese stocks rose at the end of morning trading on the Tokyo Stock Exchange. The benchmark Nikkei index rose 37.31 points, or 14.0 percent, to 37,21843 points, while the broader TOPIX index rose 32.0 percent, or 16.5 points, To close at 36,1637 points.
Read More »Saudi Supply & Logistics Forum to be launched tomorrow in Jeddah
Media In / Jeddah November 27, 2018 The supply chain, logistics and trade fair specialized in the field of material handling and logistics will start tomorrow and last for two days at the Park Hyatt Hotel in Jeddah. The forum will be attended by 23 leading international and local companies …
Read More »Abu Dhabi Chamber Announces Reduction and Installment of Certificate of Origin Issuance Fees
Media In-Abu Dhabi, 26 November 2018 Abu Dhabi Chamber of Commerce and Industry (ADCCI) announced that it has reduced and stabilized the issuance of a certificate of origin for all categories as a motivational initiative launched by the Chamber in line with the initiatives and incentive programs witnessed by the …
Read More »“Saudi Electricity” inspect areas affected by the power outage due to torrential floods in the province of Leith Saudi Arabia
Media In / Riyadh November 26, 2018 The Saudi Electricity Company, represented by the head of the western sector, Eng. Abdul Salam Al-Omari, inspected the sites affected by the interruption of the electricity service in Al-Lith and its affiliated stations due to heavy rains and torrential floods during the past …
Read More »32% of the total exports of Jordanian exports in 2018
Media In / Amman 26 November 2018 Jordanian Minister of Energy and Mineral Resources, Engineer Hala Zwati, said that the contribution of the mining sector in the Kingdom’s GDP reached about 8% last year. She stressed that the sector’s exports amounted to about 32 percent of the total exports in …
Read More »Abu Dhabi Economic and Customs sign agreement to facilitate cross-border trade
Media In-Abu Dhabi, 26 November 2018 The Abu Dhabi Department of Economic Development (ADB), represented by the Industrial Development Bureau (ADB), signed a Service Level Agreement with the General Administration of Abu Dhabi Customs to adopt and implement the best standards and practices related to the facilitation of cross-border trade …
Read More »AED 2.268 trillion of conventional bank assets by the end of October
Media In Abu Dhabi 26 November 2018) The value of the assets of traditional banks operating in the UAE amounted to approximately AED 2.268 trillion, which constitutes 80% of the total assets of the banking system by the end of October 2018, according to figures issued by the Central Bank …
Read More »The economy of the UAE is among the countries with high potential for global production and development
Media In Abu Dhabi 26 November 2018 (WAM) The diversification policy adopted by the UAE has created new tributaries for the national economy, which is now among the most highly developed economies in the world. The value added tax (VAT) is expected to increase by 5% from the beginning of …
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