Media IN Abu Dhabi 19 \ 06 \ 2018 Fitch Ratings said that Abu Dhabi’s recent 50 billion dirham economic stimulus measures will not affect its credit rating under Abu Dhabi’s financial and economic power and balance global oil prices for the emirate’s budget and revenues. The agency pointed out …
Read More »Trump threatens China with $ 200 billion in measures
Media IN/ Agencies 19 \ 06 \ 2018 US President Donald Trump said on Monday evening that he planned to impose 10 percent customs duties on the $ 200 billion a year of Chinese imports. The move comes in response to Beijing’s “rejected” measures following a first US tax increase …
Read More »Tunis Stock Exchange closed higher at 7874.30 points
Media IN Tunisia 18/06/2018 Tunis Stock Exchange closed today at a high of 42.1% at 7874.8 points, while the capital movement reached 10.5 million Tunisian dinars. The shares of 36 companies listed on the stock exchange rose 23 other shares, while 10 companies continued to develop.
Read More »On the impact of the intensification of the US-China trade dispute, US stocks are starting to decline
18\06\2018 Media IN\ Agencie US stocks started trading lower today as the US-China trade dispute intensified after Beijing responded to tariffs imposed by President Donald Trump. The Dow Jones industrial average fell 208.44 points, or 0.83%, to 24882.04. The S & P 500 shed 18.55 points, or 0.68%, to 2,761.11. …
Read More »“Federal Tax” receives the declarations of the period ending last May
Media In – Abu Dhabi June 18, The Federal Tax Authority started this month to receive tax returns from the works registered within the value added tax system, which ended its first tax term by the end of May, in addition to the work that ended its monthly period at …
Read More »Egypt stops importing LNG by the end of this year
Media In – Cairo – 18 June 2018 Egyptian Minister of Petroleum and Mineral Resources Tariq Al-Mulla said that Egypt will stop importing liquefied natural gas by the end of this year thanks to the project to develop and modernize the oil sector and compensate for the decrease of productivity …
Read More »Minister of Energy: We will discuss with our partners the production levels required at the meeting of “OPEC”
Media In – Abu Dhabi – June 18, 2018 Suhail bin Mohammed Faraj Faris Al Mazrouei, OPEC’s chairman, said that the oil market is getting closer and closer to rebalancing. “This will undoubtedly be a major topic for discussion at the next OPEC meeting on June 22 in Vienna, “The …
Read More »Dubai Municipality launches a new system for the implementation of industrial buildings
Media In – Dubai 18 June 2018 / WAM / The Department of Buildings in Dubai Municipality has initiated the design and implementation of industrial buildings so that the new system allows the contractor to design industrial buildings and supervise their implementation without the need to appoint a consultant office, …
Read More »Launch of 15 major power transmission plants in Dubai
Media In – Dubai 18 June 2018 / WAM / Dubai Electricity and Water Authority (DEWA) has inaugurated 15 major 13211 kV transformer plants in the areas of Al-Salal, Sayh Al-Shuaib, Expo 2020, Worsan Al-Ila, Sheikh Mohammed Bin Rashid Gardens, Palm Jumeirah, Watan Al Hammar, Gulf Business Park and Zabeel …
Read More »A private Syrian airline to operate flights to the UAE
Media IN 18 \ 06 \ 2018 Syrian private wing Al Sham has announced that it will begin flights to the UAE starting in early July, with its first destination being Sharjah, Dubai and Abu Dhabi. A source at the company said: “The operation of these flights came after a …
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