Media In – Cairo – 12 August 2018 The Suez Canal has crossed 52 vessels of different nationalities in both directions with a total tonnage of 3 million 400 thousand tons. The navigation statistics issued by the Canal Authority indicated that 26 vessels crossed the shipping course within the North …
Read More »Promoting investment for businessmen in Egypt and Tunisia
MEDIA IN – Cairo 12 August 2018 Egyptian Minister of Investment and International Cooperation Dr. Sahar Nasr discussed in Cairo today with Tunisian Minister of Commerce Dr. Omar Al-Bahi ways to enhance economic, investment and trade relations between the two countries. The two sides agreed to cooperate in promoting investment …
Read More »Launch of the UAE Doing Business and Investment Opportunities Guide in London
Media In – London 12 August 2018 / WAM The Ministry of Economy, in partnership with the British Institute for Export and International Trade, has released the second edition of the Doing Business in the United Arab Emirates, which was launched in London. The guide is intended primarily to provide …
Read More »Saudi Arabia: 35 incubators licensed to provide 38 programs to support facilities
Media In – Riyadh – 11 August 2018 The General Authority for Small and Medium Enterprises (SME) of Saudi Arabia authorized Mnshat for 4 months to 35 business incubators in 10 cities offering 38 programs to support entrepreneurs. These programs range from business incubators to business hubs and joint workspaces. …
Read More »Abu Dhabi Securities Exchange allocates AED 23.4 billion in cash dividends on behalf of listed companies
Media In – Abu Dhabi 11 August 2018 / WAM Abu Dhabi Securities Exchange (ADX) has announced a cash dividend of more than AED 23.4 billion for 406,000 eligible investors on behalf of listed companies in 2018. The Abu Dhabi market offers one of the world’s largest cash dividend rates …
Read More »Net profit of Emirates Investment Bank (EIB) was AED 11.81 million
Media in – Dubai 9 August 2018 / During the second quarter of 2008, Emirates Investment Bank posted a 33.3% growth in net profit to AED 11.81 million compared to AED 8.86 million in the second quarter of 2017. Net profit for the first half of 2018 increased by 5.6% …
Read More »Europe imports more US natural gas
Media in – Brussels 9 August 2018 / WAM The European Union (EU) decided today to increase its import of US LNG, according to the European Commission in Brussels. The European Commission will import more liquefied natural gas from the United States to diversify and make energy more secure, the …
Read More »Launch of the unified payment window system in Saudi ports
Media In – Riyadh – 9 August 2018 The General Authority for Saudi Ports (Ports) today launched the first pilot phase of the unified payment window system at Jeddah Islamic Port as a first stage in cooperation with the General Authority of Customs, the Saudi Exchange and the Saudi British …
Read More »LE4.4 BILLION Egyptian Stock Exchange gains
Media In – Cairo – 8 August 2018 The market capitalization of shares listed on the Egyptian Stock Exchange closed at EGP 4.85 billion, recording EGP 2.4 billion. The benchmark EGX30 index rose 0.64 percent to close at 18,862.88 points. The index of the small and medium-sized shares, EGX70, rose …
Read More »5.6% Savings on the Empower summer campaign for better cold during the first month
Media In Dubai 8 August 2018, The Emirates Cool Cooling System (CEC) campaign achieved 5.6% savings in district cooling capacity compared to the same period last year. The campaign, launched in July last for three months, aims to reduce the consumption of district cooling energy by maintaining optimum temperature and …
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