Media In/ Agencies / Cairo 17 July 2018 The Central Bank of Egypt said that the total remittances of Egyptians working abroad during the period from July 2017 to April 2018 recorded about 21.9 billion dollars. The Central Bank said in a statement today that the remittances of workers abroad …
Read More »$ 380 million financing from the Islamic Development Bank for the Egyptian oil sector
Media In, Saleh Ali, 17 July 2018 The Islamic Development Bank (IDB) has started handing over Egypt’s first tranche of its $ 380 million financing to Egypt’s oil sector. The head of the International Islamic Trade Finance Corporation of the Islamic Development Bank, Hani Snabel, said that two agreements with …
Read More »Dubai Commodities Center strengthens bilateral trade ties with China
MEDIA IN, Dubai, July 17, 2018 (WAM) The Dubai Multi Commodities Center (DMCC), a free trade zone of the Government of Dubai, has signed a Memorandum of Understanding (MoU) with Royal Fund Investments, which will strengthen the strong bilateral trade relationship between the Center and the fast-growing Chinese business community. …
Read More »“Abu Dhabi Quality and Conformity” conducts inspections on 35547 commodities traded in the markets
” MEDIA IN – Abu Dhabi, July 17, 2018 (WAM) The Abu Dhabi Quality and Conformity Council (ADCCI) announced the results of the first half of the first half of 2018 for the verification and inspection of controlled products, legal measuring instruments and prepackaged packaging in Abu Dhabi markets. The …
Read More »Khalifa Fund supports 223 projects in agriculture and fishing and 190 industrial projects
Media In – Abu Dhabi, July 17, The Khalifa Fund for Enterprise Development has targeted 5 major strategic sectors in 2018: Leisure and Leisure, Services, Professional, Scientific and Technical Activities, ICT and Support Services, all of which are solid pillars of economic diversification. The Khalifa Fund seeks to rehabilitate a …
Read More »5.7% High prices of industrial producers in Jordan
Media In / Amman July 17, 2018 According to figures from Jordan’s statistics department, the industrial producer price index for the first five months of this year rose to 118.95 from 112.55 for the same period of 2017, increasing the index by 5.7%. The rise was due to the index …
Read More »Bank assets rise to AED 2.749 trillion at the end of June
MEDIA IN – Abu Dhabi, July 17, 2018 (WAM) Total banking assets including bank receipts rose to AED 2.749 trillion at the end of June 2018 with a growth of 0.5% to AED 13 billion compared to AED 2.736 trillion in May. Total bank credit rose 0.3 percent from 1.6173 …
Read More »Minister of Economy: More than 25 agreements in manufacturing and renewable energy between the UAE and China
Media In – Abu Dhabi on July 17, “China is the world’s second-largest economy and is one of the most important players in the growth of the economy, trade movement and investment flows globally,” said Sultan bin Saeed Al Mansouri, Minister of Economy. . He stressed the clear desire expressed …
Read More »Federal Taxation” classified workers’ housing in two categories in terms of tax treatment
Media In – Abu Dhabi, July 17, The Federal Tax Authority confirmed that the workers ‘housing is classified into two categories in terms of tax treatment, noting that this classification depends on whether the workers’ housing is serviced and therefore will be subject to value added tax for the basic …
Read More »400 thousand Saudi Riyals fine for violation of the anti-fraud system
Media In / Riyadh July 16, 2018 The Saudi Ministry of Trade and Investment has defamed a citizen who owns a business, his partner and his agent working in the mills’ activity for violating the commercial fraud and trademark system following the re-filling of the flour supported in small packages …
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