News

MEDIA , Riyadh, Sept. 25 (WAM)   The Saudi Electricity Company (SEC) has announced the issuance of two-tranche international Islamic bonds worth $ 2 billion (7.5 billion Saudi riyals), divided into two tranches, worth $ 800 million. On September 13, the company announced its intention to return to international debt …

Media In – Abu Dhabi 25 September 2018 WAM  The banking sector’s capital adequacy ratio rose to 18.1% by the end of August this year, the highest since December 2017. The new index of the UAE banking system’s liquidity is also in line with the increase in the capital adequacy …

MEDIA, Abu Dhabi, September 24, 2018 (WAM)  The Central Bank of UAE raised the pace of withdrawal of excess liquidity in the banking system last August in a trend described by industry experts that it aims to control the movement of liquidity in excess of the need of banks. According …

Media In – Cairo 24 September  Egypt’s ENPI signed a cooperation agreement with British company Wood, one of the world’s leading engineering companies for oil and gas fields under the sea and producing deep water. The agreement was signed by Eng. Alaa Hijazi, President of ENPI and Colin McKinnon, President …

Media In – Abu Dhabi – 24 September A statistical report by the Federal Customs Authority revealed the growth of the total volume of non-oil trade between the UAE and Saudi Arabia by 1230% since the formation of the Gulf Customs Union in 2003 until the end of the first …

Media In – Abu Dhabi 24 September 2018 / WAM / The Investment Department of the Ministry of Economy has launched a new version entitled “Investor Compass”, a specialized guide to introduce the benefits and incentives of the vital investment system in the UAE. The guide comes within the framework …

Media In / Amman 24 September The Jordanian Post has signed a cooperation agreement with Egyptian Post, which includes cooperation in electronic commerce and transfer of funds to Egyptians working in Jordan. The agreement provides for the use of the logistics center of Egyptian Post at Cairo International Airport in …

Media in Abu Dhabi 23 September 2018 / WAM / The value of the unit of exports in the Emirate of Abu Dhabi rose to 87.3% in the second quarter with a growth rate of 7.6% compared to 81.2% during the same quarter of 2017, according to the Abu Dhabi …

Media In Dubai – 23 September 2018 ENOC has opened five new service stations in Dubai, expanding its network of plants in the UAE to 122, while the Group continues to expand its retail fuel sales by 40 per cent by 2020. The newly constructed stations are located in Hatta, …

 Rasha Al-Sharqawi / August 23, 2018 The Abu Dhabi Business Women Council (ADWC) organized today an Artificial Intelligence Seminar at the Abu Dhabi Chamber of Commerce and Industry under the patronage of Her Highness Sheikha Fatima Bint Mubarak Supreme Council for Motherhood and Childhood, Honorary President of the Abu Dhabi …