Media In / WAM 05 November 2018 The exhibition “Housing, Building Materials, Decoration and Engineering Consulting” will be launched in Dubai in the second edition, with the participation of more than 52 specialized companies in various fields of construction and engineering consultancy. The exhibition will show attractive competitive offers by …
Read More »The output of the commercial sector in the UAE is 166.3 billion dirhams
Media In / WAM November 5, 2018 The total output of the wholesale and retail trade sector reached AED 166.3 billion at constant prices during the year 2017, an increase of 0.3% compared to AED 165.7 billion in 2016. The trade sector accounts for 11.7 percent of the UAE’s gross …
Read More »Union of GCC Chambers Holds its 50th Ordinary Meeting in Riyadh
MEDIA IN \ Agencies November 05, 2018 The meeting of the Union of Chambers of the Gulf Cooperation Council (GCC) was held yesterday in Riyadh, under the chairmanship of the President of the Federation, Mohammed bin Thani Al-Rumaithi, in the presence and participation of the presidents of the GCC Chambers …
Read More »Saudi Arabia’s Trade and Investment Minister reveals the volume of trade exchange among OIC members
MEDIA IN \ Agencies November 05, 2018 Saudi Arabia’s Trade and Investment Minister Dr. Majid bin Abdullah Al-Qasabi said that the value of trade between OIC member countries has increased significantly since the implementation of the 10-year work plan (2005-2015). It has moved from 271.45 billion US dollars in 2005 …
Read More »“Saudi Exports at Gulfood Gulf Food Industry in Dubai
MEDIA IN \ Agencies November 05, 2018 The Saudi Exports Development Authority (SEDA) will participate in the Gulf Food Industry Exhibition, which will be held in Dubai from 6 to 8 November 2018 to raise awareness of exports and highlight the global investment opportunities in the food sector and how …
Read More »The value of real estate transactions in Dubai more than 406 million dirhams
Media In / WAM / Dubai November 5, 2018 According to the Land and Property Department’s daily report, real estate transactions in Dubai have generated more than AED 406 million. The department has registered 128 pledges of AED 288 million, of which 36 million are sold for land and AED …
Read More »Egypt’s cash reserves reach 44.5 billion dollars
Media IN / Agencies November 5, 2018 Egypt’s foreign exchange reserves rose by a total of 44.501 billion dollars in October from 44.459 billion dollars in September, the central bank said on Tuesday. The Central Bank of Egypt explained in a statement that foreign exchange reserves rose by $ 42 …
Read More »Yanbu Port receives the largest vessels in its history
Media In / Riyadh November 5, 2018 The largest vessels in Saudi Arabia’s Yanbu Commercial Port, with a capacity of 82,498 tons of corn, 235 meters long and 13.50 meters in length, were anchored by JIN TAI FENG, the largest of its kind. Yanbu Commercial Port is looking forward to …
Read More »“Economy” discusses opportunities for cooperation in agriculture with Africa
MediaNow and WAM November 4, 2018 The UAE’s non-oil trade with Africa reached AED144.4 billion last year, a growth of 3% compared to 2016, and the UAE accounted for about 50% of the UAE’s total foreign trade. Gulf-African trade in food commodities and products. The Ministry of Economy participated in …
Read More »3.2% rise in yield on US Treasuries
Media In\ Agencies November 04,2018 The yield on US Treasuries rose to a one-month high of 3.2% last month, while the dollar rose against other major currencies yesterday, Bloomberg reported, as US jobs data boosted expectations that the Federal Reserve will raise rates at its scheduled meeting. Next month to …
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