MEDIA IN, Dubai, July 23, 2018 (WAM) The Department of Economic Development (DED) has signed a cooperation agreement with Emirates Islamic Bank to provide support to the “e-merchant” license holders. Under the agreement, the bank offers its distinguished banking services to the owners of electronic merchant licenses, which facilitate their …
Read More »Announcement of the weekly bulletin of oil and fuel prices in Jordan
Media In / Amman / Agencies 23 July 2018 The Ministry of Energy and Mineral Resources of Jordan announced the weekly bulletin for the prices of crude oil and petroleum products for the third week of July 2018 as it is in the global reference markets approved by the Ministry …
Read More »King Abdullah Industrial City, the first industrial size of the investment of more than one billion Jordanian dinars
Media In / Amman, July 23, 2018 King Abdullah II Bin Al Hussein Industrial City received the first ranking in terms of investment in the amount of one billion and 400 million dinars, while the manpower working in its factories about 16 thousand employees, according to Industrial Cities Company. The …
Read More »ADNOC Distribution Opens 5 New Jian Express Stores
MEDIA, Abu Dhabi, July 23, 2018 (WAM) ADNOC Distribution, the country’s leading fuel and retail retailer, has announced the opening of its first 5 stores in the UAE. The opening of the five stores at the distribution stations is part of an agreement signed last March with Orban Foods, which …
Read More »16 is a catalyst for attracting foreign direct investment in the UAE
MEDIA, Abu Dhabi, July 23, 2018 (WAM) The United Arab Emirates has provided 16 incentives that contributed to the continuous growth of foreign direct investment in recent years, according to the digital monitoring of the index of FDI inflows by the end of 2017. In addition, the UAE’s foreign direct …
Read More »JD15 million refinancing loan for Arab Banking in Jordan
Media In / Amman, July 23, 2018 The Jordan Mortgage Refinance Company signed a loan agreement with Arab Banking Corporation (ABC) – Jordan, under which the Bank was granted a loan of KD 15 million for a period of two years to refinance the housing loans granted by the Bank …
Read More »$ 23.1 billion in foreign direct investment flows from the country’s free zones
Media in Abu Dhabi 22 July 2018 (WAM) The number of specialized free zones established by the UAE is currently in the process of being implemented, which reflects the great achievements achieved by the State in this area. The work of this type of free zones spread across all emirates …
Read More »Abu Dhabi Economic City Signs Cooperation Agreement with UAE Businessmen Association
Media In – Abu Dhabi 22 July The Department of Economic Development – Abu Dhabi (ADED) has signed a cooperation agreement with the UAE Businessmen Association to support the role of the association by hosting its headquarters in the main office building in Abu Dhabi to facilitate its activities and …
Read More »Net profit for the first half of 2018 was AED 81 million
MEDIA IN, Sharjah, July 22, 2018 (WAM) United Arab Bank reported a net profit of AED 81 million for the first six months ended June 30, 2018, up 46 per cent compared to the first half of last year, mainly on the growth of core revenues and lower provisions for …
Read More »500 violations of value added tax in hotels and furnished apartments in Saudi Arabia
Media In / Riyadh 22 July 2018 The General Organization for Zakat and Income Saudi Arabia (500) seized a violation of the application of value added tax in a number of commercial establishments during its inspection campaign which started last week and ended yesterday and targeted hotels and furnished apartments …
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