MEDIA IN, Abu Dhabi, July 3, 2018 (WAM) Abu Dhabi National Oil Company (ADNOC) today confirmed that it currently has an oil capacity of about 3.3 million barrels per day (bpd), adding that it will continue its march to increase production capacity to 3.5 million bpd by the end of …
Read More »Dnata raises stake in Italian land handling company to 70 per cent
MEDIA IN, Dubai, July 2, 2018 (WAM) Dnata, the global air services provider, has been using an option to buy an additional 40% of Airport Handling SPA, raising its stake in this Italian ground handling company to 70%. Dnata now has a majority representation in the board of directors of …
Read More »850 million euros European investment for 15 projects in Jordan
Media In / Agencies / Amman 2 July 2018 The European Investment Bank (EIB), Dario Scanpico, announced that the bank is preparing and preparing economic studies to finance 15 projects in Jordan with a total funding of 850 million euros in the sectors of water, sanitation, public transport, renewable energy, …
Read More »Dubai Economic City adds 26 business activities to the list of licensed business activities
MEDIA IN, Dubai, July 2, 2018 (WAM) The Commercial Registration and Licensing Sector of the Department of Economic Development (DED) added 26 new business activities to a number of vital sectors during the first half of 2018 following the sector’s periodic review of the needs of the local market and …
Read More »Egypt: Support for the transformation project to a regional gas and oil trading center
Media In – Cairo 2 July Egyptian Minister of Petroleum and Mineral Resources Tariq al-Mulla discussed with Mirza Hassan, Executive Director of the World Bank, aspects of cooperation between Egypt and the World Bank in the context of his interest in continuing to follow up the positive developments witnessed by …
Read More »An initiative to train Saudis in the field of Zakat and Tax Accounting from the Riyadh Chamber
Media In / Riyadh 2 July 2018 Riyadh Chamber, represented by the Human Resources and Labor Market Committee in cooperation with the General Authority for Zakat and Income, launched a free initiative to train Saudi young men and women in the field of Zakat and Tax Accounting for those with …
Read More »“Federal Tax” develops electronic services to facilitate the work of shipping companies and customs clearance
Media In – Dubai 2 July 2018 The Federal Tax Authority has revealed the details of the updates and development processes it has introduced on its electronic services in order to provide more facilities and simplify the procedures of registration and filing of tax returns in general regarding the activities …
Read More »Ajman achieved a significant increase in the business confidence index
Media In – Ajman 2 July 2018 / WAM / The Department of Economic Development in the Emirate of Ajman achieved a remarkable rise in the business confidence index of the emirate, which reached 116 points in the first half of 2018 compared to 109 points in the first half …
Read More »592 billion dirhams worth of checks traded in the UAE within 5 months
Media in Abu Dhabi, July 2, 2018 (WAM) The number of checks processed through the Emirates Check Clearing System was 12.060 million during the first five months of 2018, amounting to about 592 billion dirhams, according to statistics released today by the Central Bank of UAE on checks activity in …
Read More »Saudi Facilities Authority invites all SMEs to register in the accreditation platform
Media In / Agencies / Riyadh 2 July 2018 The General Authority for Small and Medium Enterprises (SMEE) called on SMEs to register on the Etemad platform and to start obtaining government opportunities through etimad.sa. The platform aims to be faster, easier and more transparent in procurement, standardize procurement for …
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