Media In Dubai 8 August 2018, Dubai’s economy has witnessed a quantum leap in attracting knowledge-based FDI over the past three years, with investment capital reaching AED 79.3 billion, equivalent to US $ 21.6 billion, ranking the world’s top foreign direct investment (FDI) share of technology transfer. US and …
Read More »ADNOC is considering strengthening strategic partnership with Japan’s energy sector
MEDIA, Tokyo, August 8, 2018 (WAM) Minister of State and Chief Executive Officer of Abu Dhabi National Oil Company (ADNOC) and its group of companies in Tokyo met with Hurshij Seko, Minister of Economy, Trade and Industry of Japan, the partnership and investment opportunities offered by ADNOC’s growth plans in …
Read More »Federal Taxation launches a “tax clinic” to encourage registration and make accurate representations to avoid errors
Media In – Abu Dhabi 8 August Federal Tax has announced the implementation of a new campaign of direct and continuous communication with the business sectors of the initiative “tax clinic” which aims to increase the number of businesses registered taxable and raise the obligation to submit returns and payment …
Read More »51 ships crossing the Gali waterway to the Suez Canal today
Media In – Cairo – 7 August 2018 Today, 51 vessels crossed the Suez Canal in both directions, with a total tonnage of 3 million and 200 thousand tons. The North Sea convoy included 25 ships with tonnage of 1.5 million tons, while the southern convoy included 26 vessels …
Read More »Dubai Ports World acquires Univerider, Europe’s largest logistics services network
MEDIA IN, Dubai, August 7, 2018 (WAM) Dubai Ports World (DP World) today announced that it has acquired 100% of Unified Group, the largest logistics network for the operation of medium-sized container ships and short-haul coastal shipping vessels in Europe. The value of the transaction is € 660 million – …
Read More »The Saudi Stock Exchange closed at 8242.82 points
Media In – Riyadh – 07 August 2018 The index of Saudi shares closed today, up 12.69 points to close at 8242.82 points, and trades worth more than 4.7 billion riyals. The number of shares traded was more than 155 million shares, which were shared by more than 98,000 transactions …
Read More »Saudi Housing” issues 3863 Exemption Certificates from the “Value Added Tax” of the first residence
” Media In – Riyadh – 07 August 2018 The Ministry of Housing has revealed that the total number of certificates of exemption from payment of value added tax for the first housing issued so far is 3863 certificates, while the number of applications received by the ministry about 5620 …
Read More »Ras Al Khaimah Economic Awareness Shop on your initiative Protect yourself by adjusting your status
Media In – Ras Al Khaimah – 7 August The initiative of the Council of Ministers, which included the adoption of a new legislative package to review the current residence system, with the aim of making it easier for those wishing to stay in the country and seeking work, and …
Read More »AED 1.4 billion profit from Aldar Properties
Media In – Abu Dhabi 7 August 2018 Aldar Properties posted a 5% growth in total profits of AED 1.4 billion in the first half of 2018 compared to AED 1.3 billion in the first half of 2017. It also reported a 20% growth in gross profit for the second …
Read More »129 companies in Saudi Arabia offer 8,000 job opportunities at an online exhibition
Media In – Riyadh 6 August 2018 129 private sector establishments provide about 8,000 job vacancies for citizens and citizens at the 12th e-mail event organized by the Human Resources Development Fund (HEDAF) The exhibition, which began yesterday and continues until next Thursday, aims to contribute effectively to localization of …
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