MediaIn / Riyadh 30 July 2018 The Saudi Export Development Authority (SAUDI) has been preparing detailed reports for the date sector and exporting them to 23 countries around the world, through which it aims to increase the Kingdom’s share in the global date market by highlighting the global market opportunities …
Read More »Dubai’s first commercial license issued in Chinese language
MEDIA IN, Dubai, July 30, 2018 (WAM) The Department of Economic Development (DED) issued the first commercial license in Arabic and Chinese to one of the Chinese investors in the framework of strategic cooperation between the United Arab Emirates and the People’s Republic of China to achieve multi-value goals for …
Read More »788 thousand dinars Jordan’s income to guarantee loans in the first half of this year
Media In / Amman 30 July 2018 The operating income of the Jordan Loan Guarantee Company reached 788 thousand dinars in the first half of the current year 2018 compared to operating income of 667 thousand dinars for the same period of 2017. And the value of investment income amounted …
Read More »AED 137.5 billion in cash withdrawals through the Emirates Online Service
Media in Abu Dhabi 30 July 2018 / The total value of withdrawals through the Emirates Exchange was AED 137.5 billion in 2017, an increase of 3.6% compared to the previous year, according to the Central Bank of UAE (CBE). Emirates Electronic Exchange is one of the most important payment …
Read More »SR 150 million financing of emerging technology companies incubated in Saudi Arabia
Media In / Riyadh 30 July 2018 The incubators and technology incubators have successfully raised funds amounting to SR 11.660 million by the end of the second quarter of this year through eight rounds and investment deals led by venture capital firms, Private investor networks and private sector companies, an …
Read More »Commercial bank International’s net profit for the first half of 2018 was AED 81 million
MEDIA IN, Dubai, July 30, 2018 (WAM) Commercial International Bank (CIB) posted a net profit of AED 81 million for the first half of this year, up 55% to AED 81 million compared to AED 52 million for the same period in 2017. Operating profit grew by AED 194 million, …
Read More »Emaar Properties’ net profit grew to AED 1.102 billion
Media In – Dubai 29 July 2018 / WAM / Emaar Malls, a retail and shopping center with a majority stake in Emaar Properties, has announced a net profit growth of 8 per cent in the first half of this year to AED 1.102 billion ($ 300 million) In 2017 …
Read More »UAE Gas launches new LPG valves in Dubai
Media In – Dubai 29 July 2018 / WAM / Emirates Gas, a subsidiary of ENOC Group and Emirates General Petroleum Corporation (Emarat), has announced that it will supply all new LPG cylinders in Dubai with a new plastic seal installed on the cylinder valve. This is an extension of …
Read More »0.7% Lower real estate price index in Saudi Arabia
Media In / Riyadh 29 July 2018 The Saudi General Organization for Statistics (GaStat) issued the Saudi Real Estate Price Index for the second quarter 2018 through its official website. The real estate price index decreased by 0.7% compared to the previous quarter (Q1 2018). The index of real estate …
Read More »Mohammed Bin Rashid Projects Development Company opens the “The Corning” Center in Dubai
MEDIA IN, Dubai, July 29, 2018 (WAM) The Mohammed Bin Rashid Establishment for Small and Medium Enterprises (SME), one of the institutions of the Dubai Department of Economic Development (DED), has licensed the company as a business incubator in support of small and medium-sized entrepreneurs following the launch of incubator …
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