Media In / WAM – Dubai 2 \ 11 \ 2018 Dubai Customs has continued its efforts to develop cooperation with the Trademark Owners’ Council to protect intellectual property rights while preserving the environment in support of the Emirates Green Development Strategy initiative through the implementation of the new procedures …
Read More »The dirham is up 1.2% to 4.2% against the top four currencies in a month
media IN- Agencies. Abu Dhabi 1 \ 11 \ 2018 The value of the dirham against the most important four global currencies rose by 1.2% to 4.2% in one month, according to the analysis of the exchange rate of the local currency against international currencies based on the list of …
Read More »Net profit of AED 724 million
Media In – Agencies. Dubai 1 \ 11 \ 2018 Dubai Multi-Investment Investment Company (DIC) reported a net profit of AED 724 million for the nine months ended 30 September 2018 compared to AED 830 million for the same period last year. Total assets increased to AED 19.44 billion and …
Read More »A new Chinese tanker using Dubai World Central Airport
MediaIn – Agencies – Dubai. 1 \ 11 \ 2018 Dubai World Central, the 22nd largest airline in the world, has received an inaugural flight from Kunming to Dubai. The airline will operate three flights a week between Dubai World Central Airport and Kunming City in Yunnan Province. Dubai World …
Read More »SABIC announces the establishment of an investment company to develop national industry and support local content
Media In / Riyadh 1 November 2018 SABIC Saudi Arabia has announced the establishment of an investment and local content development company as the first independent investment fund to enable industrial investment opportunities through partnership with small and medium enterprises to enable their success and sustainability under SABIC’s national initiative. …
Read More »$ 1.2 billion in Egypt to expand the “Midor” refinery for oil
Media In / WAM / 31 \ 10 \ 2018 CAIRO: The Middle East Oil Refining Company (MEEDOR) of Egypt’s General Petroleum Corporation (EGPC) has signed a final agreement with a group of banks for a $ 1.2 billion loan to finance the Midor refinery expansion project to boost oil …
Read More »AED 570 million worth of property transactions in Dubai today
MediaIn + WAM / 31 \ 10 \ 2018 The Dubai Land and Property Department has recorded more than AED 570 million in real estate transactions today, with a total of 203 sales of AED 335 million, of which AED 461 million is for land and AED 157 million for …
Read More »The Jordanian Housing Bank achieves 119 JD of pre-tax profits
Media In/ Amman October 31, 2018 The net profit of the Housing Bank for Trade and Finance in Jordan before tax amounted to 119.2 million dinars for the end of September of this year, while net profit after tax amounted to 81.5 million dinars. The Bank’s operating profit grew 11% …
Read More »Ports of Saudi Arabia: reducing the period of exemption of storage wages to five days
Media In / Riyadh October 31, The General Authority for Ports (Ports) of Saudi Arabia, in cooperation with the General Authority of Customs, has announced the reduction of the period of the exemption of warehousing fees in all Saudi ports to five days, comments from ten. This was followed by …
Read More »17 investment opportunities in the province of Taima Saudi Arabia
Media In / Tabuk 30 October 2018 The municipality of Taima province, located in Tabuk, Saudi Arabia, has offered 17 investment opportunities for public bidding within the province of Taima and in the centers of the governorate. These opportunities included a number of diverse activities as part of the Municipality’s …
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