Media In – Abu Dhabi 24 March 2018 and WAM Aldar Properties today announced the launch of its new residential project on Al Reem Island at AED 440 million. Sales of the project units will start on March 31 at ALDAR sales center on Yas Island starting at AED 580,000. …
Read More »AED 40 billion Dubai trade with Germany in 2017
Media In – Dubai 24 March 2018 and WAM Dubai Customs Director General Ahmed Mahboub Musabeh discussed with Günter Joseph Rauer, Consul General of the Federal Republic of Germany in Dubai, opportunities to enhance coordination to support the growth of trade exchange between Dubai and Germany to serve the common …
Read More »The Economic Balance Board announces its departure from the Millennium Investment Fund
Media In – Abu Dhabi 24 March 2018 and WAM The Board of Balance of the Economy “Balance” today announced its departure from the Millennium Investment Fund after the objectives for which the fund was established. Tariq Abdul Rahim Al Hosani, Executive Chairman of the Board of Economic Balance, said: …
Read More »Ajman Finance organizes a workshop on the mechanisms of applying the payment service facilitator
Media In – Ajman 24 March 2018 and WAM The Ajman Department of Finance held a workshop on the mechanism of implementing the payment service in the local authorities in cooperation with Ajman Bank, in the presence of the employees concerned with the application of the service from various departments …
Read More »“Apache International” strengthens its partnership in the fields of oil and gas in Egypt
Media In – Cairo, March 23, 2018 Egyptian Minister of Petroleum and Mineral Resources Tariq al-Mulla discussed with APA CEO John Christman the activities of the company in Egypt and its targeted investment plans in the coming years in the fields of research, exploration and production of oil and gas. …
Read More »The central bank’s foreign currency balance jumps to 339.8 billion dirhams
Media In – Abu Dhabi, March 22 The Central Bank of UAE (CBE) jumped from AED 339.8 billion in February to 4.2 billion dirhams, an increase of 13.8 billion dirhams compared to 326 billion dirhams in January. The value of bank balances and deposits with banks abroad since the beginning …
Read More »Dubai Merchants launches its first project in 2018
Media In – Dubai 22 March 2018 Dubai Merchants’ Program, one of the initiatives of the Dubai Chamber of Commerce and Industry (DCCI), launched yesterday a new commercial project, Tritri Café, which specializes in serving breakfast, coffee and specialty sweets in the Al Mizhar area of Dubai, bringing the number …
Read More »Head of the Energy Department: Abu Dhabi has outlined the energy sector map for the coming years
Media In – Abu Dhabi March 22, 2018 The Abu Dhabi Government has outlined the main features of the future of the emirate’s energy sector for the coming years, which are based on key principles aimed at achieving the principles of governance and sustainability to achieve its vision of a …
Read More »The longest electric circuit of its kind in the Middle East to support the Riyadh train with a length of 22.3 km
Media In / Riyadh 22 March 2018 Saudi Electricity Company has completed the implementation of the project of one of the longest cables in the world (380 kV) capacity (2500 mm 2), within a large variety of projects of electricity train Riyadh, which is working to implement the latest international …
Read More »Nine billion dirhams to finance the Dubai 2020 metro route
Media In – Dubai 22 March 2018 WAM First Bank of Abu Dhabi, Banco Santander SA, HSBC Bank Middle East Limited, Intesa Sanpaolo SBA Bank and Standard Chartered Bank have provided financing facilities for the Dubai Metro 2020 Nine billion dirhams and for seventeen years. The project is expected to …
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