MediaInfo / Agencies / Amman 3 April 2018 The Minister of Industry and Trade, Eng. Yarub al-Qudah, decided on Monday to cancel the decision to determine the price ceilings for fresh chicken and bananas. “The cancellation of the decision to determine the price ceilings for chickens came because of the …
Read More »7.4 billion dirhams bank financing for industry and business activities within two months
Media In – Abu Dhabi 3 April 2018 WAM The value of financing provided by the banking sector to industry and business activities reached AED 7.4 billion during the first two months of this year, a growth of about 1% compared to the end of 2017, which raised the total …
Read More »Operating profits last year were AED 2.1 billion
Media In – Abu Dhabi, April 3, 2018 The operating profit of General Holding Co., one of the largest holding companies in the field of industrial investment in Abu Dhabi and the UAE, rose to 2.1 billion dirhams last year before taxes, fees and depreciation with a growth of 16 …
Read More »Saudi Arabia: Ports and Exports Discuss National Product Support
MediaIn / Agencies / Riyadh 3 April 2018 Yanbu Commercial and Industrial Ports received a delegation from the Saudi Export Development Authority headed by the Secretary General of the Authority, Eng. Saleh Al-Salami, and the delegation accompanying him. During the visit, they discussed ways to boost exports, invest the ports’ …
Read More »Abu Dhabi Economic Council issues decisions to close 47 commercial establishments in 2018
Media In – Abu Dhabi April 3, The Abu Dhabi Department of Economic Development (ADED) has affirmed its keenness to implement the laws, conditions and regulations related to the organization of all economic activities in the Emirate of Abu Dhabi by intensifying field visits, inspections and monitoring campaigns and implementing …
Read More »Egypt’s cash reserves rise to $ 42.611 billion in March
Media In – Cairo April 2, 2018 WAM The Central Bank of Egypt announced today that the country’s foreign exchange reserves rose to 42.611 billion dollars at the end of March compared to 42.524 billion last February, an increase of 87 million dollars. Egypt’s reserves were about $ 19 billion …
Read More »Etisalat slashes international roaming rates in GCC as of yesterday
Media In – Abu Dhabi, April 2, 2018 and WAM Etisalat has announced a further reduction in international roaming charges for data, calls and text messages to its postpaid and prepaid mobile subscribers as they travel to the GCC as of yesterday. Etisalat customers will be able to enjoy discounted …
Read More »Saudi Arabia: The General Authority for Tourism and National Heritage crowns the winners of the Tourism Excellence Award 2018
Media In / Agencies / Riyadh 2 April 2018 The Saudi Tourism and National Heritage Authority (SCTA) crowned the winners of the Tourism Excellence Award during a ceremony held yesterday at the Riyadh International Conference and Exhibition Center under the theme “Tourism Industry Forum” Saudi Tourism Excellence for 2018. The …
Read More »Chinese customs duties on 128 US products
Media In – Beijing, April 2, 2018 The Chinese Ministry of Commerce announced today the imposition of tariffs on a list of 128 US products worth $ 3 billion, after Beijing waved this measure in March in response to the imposition of US President Donald Trump customs duties on imports …
Read More »Emirates Transport Launches First Natural Gas Forklift
Media In – Dubai 2 April 2018 WAM Emirates Transport announced the launch of the first compact natural gas forklift at the state level. Eng. Amer Ali Al Harmoudi, Executive Director of Technical Services at Emirates Transport, said that this project will achieve a quantum leap in the world of …
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