Media In / Amman / Agencies May 1, 2018 The General Assembly of Jordan Ahli Bank has approved the distribution of 5% cash dividends to the shareholders of the Bank at a total value of JD9.2 million and the distribution of 5% bonus shares for the fiscal year 2017. In …
Read More »Al Taweelah Aluminum Extrusion Company (TALEX) is opening $ 240 million
Media In Abu Dhabi May 1, 2018 Sheikh Sultan bin Tahnoon Al Nahyan, Executive Council Member of Abu Dhabi, today opened Taweelah Aluminum Extrusion Company (TALEX), the region’s newest aluminum extrusion plant and the first aluminum extrusion project in the industrial city of Kizad in Abu Dhabi to become a …
Read More »11.11 million dinars Arab Islamic Bank profits for the first quarter of 2018
Media In / Agencies / Amman 1 May 2018 Arab International Islamic Bank’s profits increased in the first quarter of this year to KD 11.6 million before tax, compared to JD9.9 million for the corresponding period of 2017, an increase of 17%. The Board of Directors approved the financial statements …
Read More »2.718 trillion dirhams assets of the banking system during the first quarter
Media In – Abu Dhabi 1 May 2018 / WAM / The total assets of the banking system in the UAE jumped to about 2.718 trillion dirhams, an increase of 25 billion dirhams and by 0.9 percent in the first quarter of this year compared to 2.693 trillion dirhams at …
Read More »Dubai launches business record with Qin Block Technology
MEDIA IN, Dubai, May 1, 2018 (WAM) The Dubai Department of Economic Development (DED) and the Dubai Silicon Oasis Authority (DSO) have announced the launch of the Qin Block Business Registry, the digital store for commercial licenses, which stores and updates the commercial license registration information issued by Dubai Economic …
Read More »3 million profit of Jordan Trade Facilities 2017
Media In / Amman 1 May 2018 The General Authority of Jordan Commercial Facilities Company, a subsidiary of Tamkeen Leasing Company, one of the companies of Invest Bank Group, approved the balance sheet of the company, profit and loss account and distribution account for the financial year ended 31 December …
Read More »12 Jordanian companies participating in Sial Food Exhibition
Media In / Agencies / Amman 1 May 2018 Twelve Jordanian food companies will participate in the Sial Food Show in Montreal, Canada, on Wednesday. The Jordanian participation will be organized by the Jordan Exporters Association, which will last for several days, in cooperation with the Investment Authority and with …
Read More »OFID offers $ 2 billion in credit facilities to support the Lebanese banking sector
Media In – Vienna May 1 2018 / WAM / The OPEC Fund for International Development (OFID) has signed a $ 2 billion loan to support Lebanon’s international trade movement and provide loans to companies involved in international trade and to promote economic development and create jobs. In an official …
Read More »World Aviation Industry Summit Discusses Future of Defense and Space
Media In – Abu Dhabi May 1, 2018 The 2018 World Aviation Industry Summit, to be held in Abu Dhabi from April 30 to May 2, will discuss the future of the defense and space sectors on a global scale from a geopolitical, environmental and economic perspective. “Abu Dhabi is …
Read More »“Economy” launches the national program to support modern and innovative start-ups
MEDIA IN, Dubai, April 30, 2018 (WAM) The Ministry of Economy has launched the National Program to Support Innovative and Innovative New Companies in partnership with a number of federal and local government agencies, academic institutions and the private sector, which has been completed in accordance with the time schedule …
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