News

MediaIn + Agencies \ Abu Dhabi. 29 \ 10 \ 2018 Dr. Obaid Saif Al Zaabi, Chief Executive Officer of the Securities and Commodities Authority said that the issuance of the Federal Law of 2018 on the Central Bank and the regulation of financial facilities and activities worked to address …

MediaIn + Agencies. 29 \ 10 \ 2018 The new central bank law stipulates that 17.5 billion dirhams will be transferred from the general reserve account to increase the bank’s capital to 20 billion dirhams, according to the amendments to the law issued yesterday, which many experts describe as a …

MediaIN + Agencies. The follow-up committee for the prices of gasoline and diesel in Emirates Petroleum Company (Emarat), which will be implemented as of early November, includes VAT as follows: Diesel fuel: AED 2.87, Super / 98 / AED 2.57 and Private / 95 / AED 2.46.

Media + Agencies. 29 \ 10 \ 2018 HH Sheikh Saud Bin Saqr Al Qassimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, met with His Excellency Dr. Ali Mohammed Shinn, President of Zanzibar Region in Tanzania. During his visit, Zanzibar was invited by His Excellency the …

Media In / Arriyadh October 29, Saudi Railway Company SAAR has opened the way to book overnight train tickets to and from the Jouf passenger terminal, which was announced to enter the route last week. Sarr confirmed that the entry of the passenger terminal in Al Jawf in the service …

2018\10\28\Media In  Agencies. The Dubai Mercantile Exchange (DME) has approved the decision of the Bahrain Petroleum Company (Bapco) to approve Oman’s futures contract in pricing its Asian crude oil exports. The Bahrain / Bapco / Oil Company has notified its customers to change the process of crude oil pricing mechanism …

Media In + Agencies October 29, The General Authority of Ports (Ports) has participated as a gold sponsor in the 9th edition of the SeaTrade Middle East Maritime Exhibition 2018 from 29 to 31 October at the Dubai World Trade Center, the largest maritime exhibition to be held in the …

Media In / Riyadh October 29, Saudi Basic Industries Corporation (SABIC) posted a net profit of SR18.3 billion in the first nine months of 2018 compared to SAR14.73 billion in the same period last year, an increase of 24.236%. In 2018 compared to 37.44 billion riyals in the same period …

Media In / WAM + 28 October 2018 Emirates NBD, the region’s leading banking group, and HortonWorks, a leading provider of data networking solutions, have announced a strategic partnership agreement for the AED 1 billion digital transformation. The agreement is a critical step for Emirates NBD to move forward with …

MediaIn + WAM October 28, Agthia Group reported a net profit of AED 159 million for the first nine months of 2018, a 9% increase over the same period last year. Agthia also reported net income of AED 1.49 billion, while gross profit margin reached a record 34.7% as a …