Media In – Abu Dhabi – 7 October 2018 / Total bank assets – including bank receipts – rose 0.9% from AED2.774 trillion at the end of July 2018 to AED 2.8 trillion by the end of August 2018. During August 2018, total bank deposits increased by AED 8 billion …
Read More »Abu Dhabi Securities Exchange (ADX) has entered into a $ 500 million Sukuk for Investment Dar
Media iN – Abu Dhabi, Oct. 7 2018, Abu Dhabi Securities Market (ADSM) – the region’s leading financial market – has listed new Sukuks for Dar Al-Istithmar for US $ 500 million. Abu Dhabi Securities Exchange (ADX) and Aldar Properties pJSC (PJSC) opened the opening bell to welcome the listing …
Read More »Applications World 2018 reviews Saudi Arabia’s quest for a more diversified and competitive digital economy
Media In / Jeddah 7 October 2018 The 2018 world of applications, held in partnership with 132 local and international digital companies, organized by the Jeddah Chamber of Saudi Arabia, was a showcase for Saudi Arabia’s pursuit of a more diversified and competitive digital economy, including the development of local …
Read More »Gulf Economic Forum launches October 21 in Riyadh
Media In / Riyadh October 7, The General Secretariat of the Union of GCC Chambers and the Council of Saudi Chambers organizes the activities of the Gulf Economic Forum in its second edition, which will be held in the Saudi capital Riyadh on Sunday and Monday, 21-22 October 2018, …
Read More »AED 630 million Cost of phases 5 and 6 of the road project to Expo
Media In – Dubai – 6 October 2018 / The Roads and Transport Authority (RTA) has established two phases of the fifth and sixth phases of the project to develop the road network to the Expo at a total cost of 630 million dirhams. The contract will include the development …
Read More »Activation of Saudi accession to the International Road Transport Convention
Media In / Riyadh October 4, The General Authority of Saudi Customs has signed an agreement to activate Saudi Arabia’s accession to the International Road Transport Agreement (TIR) with the Saudi Automobile Club as the official representative of the International Road Transport Union (IRU) in the Kingdom and the guarantor. …
Read More »3.6% Growth in hotel occupancy in Abu Dhabi and Dubai
Media In – Abu Dhabi – 4 October 2018 – The number of foreign tourists in Abu Dhabi and Dubai increased by 1.5 percent in the first half of this year compared to the same period of 2017. The increase in the number of nights occupancy of rooms in hotel …
Read More »New regulations for importing livestock in Saudi Arabia
Media In / Riyadh October 4 The Ministry of Environment, Water and Agriculture of Saudi Arabia started on 1/1/2019 with the application of new regulations for the importation of live livestock in accordance with the Council of Ministers’ Decision No. 66 to stop the cultivation of green fodder and its …
Read More »License to generate 17.5 MW of solar electricity in the Jordanian retail
Media In / Amman 4 October 2018 The Jordan Energy and Minerals Sector Regulatory Authority has issued a license to generate 17.5 MW of solar energy in Al Mafraq Development Area within Al Baaj land in Mafraq Governorate. Where the license period of 20 years authorizes the company licensed to …
Read More »Construction costs rise in Abu Dhabi during the second quarter of 2018
Media In – Abu Dhabi – 4 October 2018 – The rise in the prices of construction costs was 3.2% during the second quarter of 2018 compared to the same period of 2017, after the index increased from 96.1% to 99.1% during the monitoring period shown by the data released …
Read More »