News

fundsMedia In – Abu Dhabi 23 May 2018 / WAM / Abu Dhabi Fund for Development (ADFD) financed 11 development projects with a total value of AED 1.4 billion, benefiting 9 developing countries. The Fund approved four loans worth more than 646 million dirhams, benefiting from Egypt, Antigua and Barbuda …

Media In – Cairo – 22 May Egypt and the European Bank for Reconstruction and Development signed an investment agreement in support of energy efficiency in favor of the Suez Company for the manufacture of petroleum worth 200 million dollars. Dr. Sahar Nasr, Minister of Investment and International Cooperation, pointed …

Media In – Abu Dhabi 22 May 2018 WAM Abu Dhabi National Oil Company (ADNOC) today announced that it has received significant interest from potential partners in new projects and initiatives as part of its refining and petrochemicals growth and expansion strategy announced recently at the Abu Dhabi Refinery and …

Media In / Agencies / Amman 22 May 2018 The total number of companies benefiting from the services of the program “Accelerate the growth of economic projects” implemented by Jordan Enterprise Development Corporation since its launch in 2016 to date 123 small and medium enterprises. According to a press release …

MediaIn / Agencies / Riyadh 22 May 2018 Saudi Electricity Company announced that its new projects in the Makkah region, which exceeded SR 100 million, and technical plans for the management of emergency teams, and the preparations made over the past months, have succeeded in enhancing the reliability of the …

MEDIA IN, Abu Dhabi, May 22, 2018 (WAM)  The value of Abu Dhabi’s aluminum trade rose to about AED 1 billion in January and February in a move that reflects the continued growth of this type of industry, in which the UAE has a significant position in the world. Abu …

Media In – Ras Al Khaimah 22 May Ras Al Khaimah Economic City (RAK) recently launched its “Virtual Merchant” initiative, in line with the RAK Government’s drive to promote e-business in the Emirate. Dr. Abdulrahman Al-Shaikh Al-Naqbi, Director General of the Department, said that the launch of the Virtual Trader …

MEDIA IN – Abu Dhabi 21 May 2018 / WAM / Sultan bin Saeed Al Mansouri, Minister of Economy, said that the decisions of the Council of Ministers to raise the percentage of global investors’ ownership of companies to 100% and to launch an integrated system of state visas aimed …

MEDIA IN, Dubai, May 21, 2018 (WAM) Dubai Aerospace Enterprise (DAE) today signed an agreement to receive unsecured revolving financial facilities for a period of four years with an initial amount of US $ 480 million, with the possibility of increasing the amount to US $ 800 million at any …

Media In / Agencies / Amman 21 May 2018 Jordan Credit Guarantee Company signed a credit information service agreement with Credit Information Company (CRIF Jordan), under the patronage of the Deputy Governor of the Central Bank of Jordan, Chairman of the Board Dr. Maher Al-Sheikh Hassan. The agreement was signed …