Media In Abu Dhabi, October 14, 2018 (WAM) ADNOC Distribution shareholders approved a dividend of AED 735 million (AED 0.0588) per share at the company’s general meeting today. “ADNOC Distribution has maintained its commitment to a consistent profit distribution policy driven by strong financial performance in the first half of …
Read More »Dubai Economic City issues 1.509 new licenses
MEDIA IN-DUBAI, Oct 14 ( The Commercial Registration and Licensing Sector (DED) in the Department of Economic Development (DED) issued 1.509 new licenses in September, an increase of 23.6% compared to the previous month of August, with 1.221 licenses. The business activity report issued by the sector showed that the …
Read More »The introduction of the intelligent “block” system for the control of consumer products
Media In – Dubai 14 October 2018 WAM Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the Emirates Standards and Metrology Authority (ESMA), today launched the “Anti-Smart” system at the federal level, which provides a mechanism to share information and control consumer products in all markets. The …
Read More »The President of the State shall issue a decree by a Federal Law on Public Debt
Media In-Abu Dhabi, 13 October 2018 His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, issued Federal Decree No. 9 of 2018 on Public Debt to enable the Federal Government to issue sovereign bonds and to assist the banking sector in meeting international liquidity rules once it …
Read More »40.7 billion dirhams contribution of “information and communications” in the non-oil output of the state
MEDIA, Abu Dhabi, Oct 11, 2018 (WAM) The information and communications sector in the UAE has witnessed significant developments over the past years and its participation in non-oil GDP increased at constant prices to AED 40.7 billion in 2017, a growth of 3.9% compared to the previous year. According to …
Read More »Commercial start of Al Haramain fast train Media City
– Media in – October 11 2018 / WAM / The first official commercial flights of Al-Haramain Expressway, from Madinah to Makkah, through King Abdullah Economic City in Rabigh and Jeddah Province, were launched today. The flight, which took off from Al Haramain train station in the city, carried 417 …
Read More »Saudi Arabia: Cooperation agreement between SABIC and Ministry of Interior to create a dynamic environment
Media In / Riyadh October 11, Saudi Basic Industries Corporation (SABIC) yesterday signed a cooperation agreement with the Ministry of the Interior, represented by King Fahd Security College, at the “Innovation Home” building in Riyadh, to create a dynamic environment for building an innovation-based economy. SABIC seeks to support the …
Read More »Sharjah Ports sign an agreement to develop international trade and logistics operations
Media In – Sharjah – 10 October 2018 / WAM / Sheikh Khalid bin Abdullah Al Qasimi, Head of the Department of Maritime Ports and Customs and the Free Zone Authorities of Sharjah International Airport and the Free Zone in Hamriyah, Sharjah, and Jeffrey Bullock, Secretary of State for Delaware, …
Read More »ADNOC: Our goal is to reduce expenses and increase value and economic return
MEDIA IN, Abu Dhabi, Oct 10, 2018 (WAM) “There are promising opportunities for growth, expansion and investment in the oil and gas sector as a result of the continued rise in energy demand, especially in Asia’s high growth economies,” said Dr Sultan bin Ahmed Al Jaber, UAE Minister of State …
Read More »48 thousand non-compliant car oil bottles were seized in Riyadh
Media In / Riyadh 10 October 2018 The Ministry of Commerce and Investment of Saudi Arabia has set up stores and outlets to sell more than 48,000 cans of car oils that are not conforming to the approved standard specifications during the inspection campaigns carried out by the Ministry for …
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