Media IN 08/05/2018 Oil prices fell from a three-and-a-half-year high on Tuesday as investors awaited US President Donald Trump’s announcement on whether the United States would again impose sanctions on Iran that it suspended under Tehran’s nuclear deal with world powers. Oil prices rose for the fourth consecutive day on …
Read More »Dubai Diamond Exchange elects new Board of Directors
Media IN 08/05/2018 The Dubai Diamond Exchange (DME), a platform of the Dubai Multi Commodities Center (DMCC), chaired by Ahmed Bin Sulayem, Chairman of the Dubai Diamond Exchange, HE Ahmed Bin Sulayem said that the Dubai Diamond Exchange has rapidly grown to become a focal point for the diamond trade …
Read More »An alliance between Dubai Ports and Suez Canal Authority to rehabilitate the dry port project
Media In – Dubai 7 May 2018 / WAM / Dubai Ports World – the leading catalyst for global trade – and the General Authority of the Suez Canal Economic Zone – a strategic partner of Dubai Ports in the Arab Republic of Egypt – and the Holding Company for …
Read More »Abu Dhabi Ports strengthens partnership with Mediterranean Shipping Company of Switzerland
Media In – Abu Dhabi 7 May 2018 / WAM / HH Sheikh Hazza bin Zayed Al Nahyan, Vice President of the Executive Council of Abu Dhabi, received at his office at the Diwan of the Crown Prince of Abu Dhabi, Mr. Diego Abonetti, President and CEO of Mediterranean Shipping …
Read More »Saudi Aramco and Madan sign MoU to develop promising cities, empower local community and women work in industrial cities
MediaIn / Riyadh 7 May 2018 Saudi Aramco signed a Memorandum of Understanding (MoU) with the Saudi Industrial Cities and Technology Zones Authority (MADON) to co-operate with them in empowering the local community, developing promising cities and enhancing women’s work in industrial cities. The Commission in Riyadh. The memorandum of …
Read More »5274 ATMs in the UAE by the end of last March
Media In – Abu Dhabi 7 May 2018 / WAM / The number of ATMs operating in the UAE reached 5274 at the end of March, an increase of 63 compared to 5211 in the same month in 2017, according to statistics issued by the Central Bank of UAE today. …
Read More »AED 1.4 billion traded with Saudi Arabia last January
Media In – Abu Dhabi 7 May 2018 / WAM / Abu Dhabi’s total trade with Saudi Arabia stood at AED 1.4 billion in January, up 3.7% from the same month in 2017, reflecting a continued high level of trade between the two countries. As the trade relations between the …
Read More »$ 76 billion of engineering exports from India
MediaIn 7 May 2018 India’s engineering exports reached an all-time high of US $ 76 billion during the period from 2017 to 2011, at a growth rate of nearly 17% year on year, thanks to strong performance of the sector in the previous fiscal year. Engineering exports, which account for …
Read More »Gas and manufacturing profits fall to 38.8 million in the first quarter by 40%
Media In / Agencies / Riyadh 7 May 2018 The net profit of Saudi National Gas and Industrialization Company decreased to SR38.8 million during the first quarter of 2018 compared to SAR 64.9 million for the corresponding quarter of the previous year by 40%. This came after today’s announcement of …
Read More »“Housing” Saudi announces the issuance of white land charges for the city of Dammam in 1439/1440
MediaIn / Agencies / Riyadh 7 May 2018 The Ministry of Housing announces the issuance of the white land fees for the city of Dammam for the year 1439/1440 AH and calls on those responsible for the initiative to develop their land or payment within one year from the date …
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