News

Media In – Abu Dhabi 20 May 2018 / WAM / The net income of commercial and Islamic banks operating in the Emirate of Abu Dhabi reached AED 7.9 billion during the first quarter of 2018, an increase of 2.8% compared to AED 7.68 billion in the same quarter of …

Media In – Abu Dhabi 19 May 2018 / WAM / Abu Dhabi Municipality has invited real estate development companies to accelerate the registration of their projects in accordance with the Real Estate Regulatory Law No. 3 of 2015. This came during the regular meeting with the trustees held by …

Media In – Abu Dhabi 19 May 2018 / WAM / The Federal Tax Authority has set standards and procedures for the recovery of value added tax on the construction of new housing for citizens. There were three basic conditions for claiming a tax refund: the applicant was a national …

Media IN 17 \ 05 \ 2018 Denmark’s Maersk Tankers said on Thursday it would suspend its activities in Iran after the United States decided to withdraw from Iran’s nuclear deal and re-impose sanctions on Tehran. The company said it would abide by the agreements, which came into effect before …

Media IN 17 \ 05 \ 2018 Oil prices jumped to $ 80 a barrel on Thursday for the first time since November 2014 on fears that Iranian exports would shrink as supplies in a market already narrowed. At 9:55 GMT, Brent crude futures were up 57 cents at $ …

MediaIN \17 \ 05 \ 2018 The Department of Land and Property in Dubai said it has achieved more than AED 472 million in real estate transactions. Today, the department has recorded 211 pledges of AED 309 million, of which 23 plots of land are valued at AED 87 million …

Media IN\ Agencies 16 \ 05 \ 2018 Egyptian President Abdel Fattah al-Sisi said on Wednesday that his country’s economy grew 5.4 percent in the third quarter of the current fiscal year 2017-2018, after achieving 5.3 percent in the second quarter. “It is hoped that the growth rate will be …

Media In – Abu Dhabi 16 May 2018 WAM / The Abu Dhabi Department of Energy signed a Memorandum of Understanding (MoU) with Siemens International to develop the traditional and renewable energy sector and develop concepts related to the optimal energy mix for the Emirate of Abu Dhabi by integrating …

Media In Dubai, May 16, 2018 (WAM) Emirates NBD today announced that it has joined the growing community of members of the CCRManager platform, the innovative financial technology platform that supports the creation of transactions and the distribution of commercial assets. The move is in line with Emirates NBD’s digital …

Media In Dubai, May 16, 2018 (WAM) Dubai Financial Market (DFM) today announced that listed companies have recorded a 100% compliance rate in terms of disclosing financial results for the first quarter of 2018 within the legal time limit of 45 days from the end of the period. The number …