Media In / Agencies / Amman 11 June 2018 The total amount spent on the Jordanian nuclear program during the years 2008-2017 was about 112 million dinars, of which 56 million were spent on the Jordanian nuclear reactor for research and training at the University of Science and Technology, the …
Read More »“Federal Taxation” warns companies seeking information registered taxpayers
Media In – Abu Dhabi June 11, The Federal Tax Authority, the registrar, has called on its registrars to exercise caution, to investigate the accuracy and to maintain the confidentiality of their personal information, stressing that in the event that any party requests financial or accounting data or information, the …
Read More »“Ma’aden” and “Sar” sign agreement to transfer “molten sulfur” from “East” to “Waed North”
Media In / Agencies / Riyadh 10 June 2018 Ma’aden has signed an agreement with Saudi Railways Company SAAR to provide services for the transfer of molten sulfur from Saudi Aramco’s factories in the Eastern Province to Ma’aden’s North Waed Company for phosphate in the northern city of Waad, And …
Read More »Annual inflation in Egypt drops to 11.4% in May
MEDIA IN, Cairo, June 10, 2018 (WAM) The Egyptian Central Agency for Public Mobilization and Statistics (CAPMAS) said today that annual consumer price inflation in Egyptian cities fell to 11.4 percent in May from 13.1 percent in April, more than the International Monetary Fund expected. On a monthly basis, consumer …
Read More »The launch of a joint venture between SHUAA Capital and National Bonds in Saudi Arabia
MEDIA IN, Dubai, June 10, 2018 (WAM) Shuaa Capital, the integrated financial services company in the UAE and National Bonds Company, a specialist in savings and investment programs, announced plans to launch a joint venture in Saudi Arabia. The two sides signed a memorandum of understanding (MoU) to define their …
Read More »Dubai Economic City has completed more than 26,000 commercial registration and licensing transactions in May
MEDIA IN, Dubai, June 10, 2018 (WAM) The Dubai Department of Economic Development (DED) has achieved outstanding results in the total transactions completed during last May, according to the Business Traffic Report issued by the Commercial Registration and Licensing Sector, which indicated that the sector completed more than 26,184 transactions …
Read More »1300 inspection visits carried out by Saudi trade and investment at the shops and petrol stations
Media In / Riyadh 10 June 2018 During the month of Ramadan, the supervisory teams of the Saudi Ministry of Trade and Investment carried out more than 1,300 inspection visits to shops, gas stations, gold and jewelry stores in Makkah Al Mukarramah and Medina and the roads leading to it. …
Read More »Egyptian central bank cuts interest rate on the pound 200 points
Media In – Cairo The Central Bank of Egypt (CBE) cut interest rates on the pound by 200 basis points over the past three months. With interest rates at 16.75 and 17.75 on lending and deposit respectively after inflation fell. Meanwhile, loan portfolios at banks grew by 12.2% last year …
Read More »Egypt pays $ 30 billion of its debts and foreign liabilities
Media In – Cairo – 10 June 2018 Egypt paid $ 30 billion of its debt and foreign liabilities during 2017, and the central bank of Egypt closed its full debt owed by the African Export Bank to pay $ 500 million in the final installment of the $ 3.7 …
Read More »$ 300 million in trade exchange between Egypt and Oman
Media In – Cairo – June 9, The volume of trade exchange between Egypt and Oman amounted to 300 million dollars during the last year 2017. While Omani investments are $ 77 million distributed in 70 projects. The Egyptian-Omani Business Council has been formed for three years
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