Media In / Riyadh 21 March 2018 SAGIA indicated that the volume of American investments in the Saudi market until February 2018 amounted to more than 207 billion riyals and the number of investment companies amounted to 373 companies whose activities varied between service, industrial, real estate, scientific, technical and …
Read More »Shares earn AED 5 billion with support from Aldar and Ammar
Media In – Abu Dhabi, March 21, 2018 The UAE stock markets recorded strong activity during today’s session, supported by the announcement of the strategic partnership agreement between Aldar and Ammar, the two largest companies operating in the real estate sector, and the market value of shares traded at the …
Read More »RAK Economic participates in the Gulf Day for Consumer Protection
Ras Al Khaimah Economic City participated in the Gulf Day for Consumer Protection in cooperation with the Ministry of Economy in one of the major commercial centers in the emirate. The ceremony was held in recognition of the continuous awareness of consumers and investors in protecting their rights from …
Read More »The Jordanian Tax: The deduction of salary shall not be exempt from the submission of the annual income tax
Media In / Agencies / Amman 21 March 2018 The Jordanian Revenue and Sales Tax Department confirmed that the deduction of the income tax from any salary, wage or service allowance does not exempt the taxpayer from submitting the income tax declaration if the annual income of the single person …
Read More »“Mohammed Bin Rashid Projects Development” and “Continent Advertising” sign an agreement to provide franchise services to members
Media In Dubai, March 21, 2018 The Mohammed Bin Rashid Establishment for the Development of Small and Medium Enterprises (DED), an economic institution of Dubai, has signed an agreement with the Al-Qaraa Advertising Foundation to provide its members with a franchise service. UAE, forming a meeting point between the investor …
Read More »ADNOC signs two concession agreements with China National Petroleum Corporation (CNPC)
Media In – Abu Dhabi, March 21, 2018 Abu Dhabi National Oil Company (ADNOC) today signed two concession agreements with China National Petroleum Corporation (CNPC), the world’s third largest oil company, under which the latter acquired 10% of the Umm Al Shaif and Nasr concession and 10% Abu Dhabi Marine. …
Read More »The launch of a strategic partnership between Aldar and Emaar with projects worth AED 30 billion
Media In – Dubai 20 March 2018 and WAM UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Aldar Properties and Emaar Properties to launch new global destinations …
Read More »First Bank of Abu Dhabi offers services in Saudi Arabia
Media In – Abu Dhabi, March 20, 2018 Abu Dhabi First Bank has been licensed by the Saudi Arabian Monetary Agency to provide commercial banking services to individuals and companies in Saudi Arabia as part of its growth strategy. The current license allows ADIB to operate a maximum of three …
Read More »Completed 942 real estate buildings in Abu Dhabi during the last quarter of 2017
Media In – Abu Dhabi, March 20, 2018 During the last quarter of 2017, the number of completed real estate buildings in the Emirate of Abu Dhabi reached 942 buildings of different classification, of which 759 were residential buildings constituting 80.6% of the total buildings completed. Experts in the construction …
Read More »Activation of sukuk as a financial instrument in the Egyptian capital market
Media In – Cairo 20 March 2018 Dr. Sahar Nasr, Minister of Investment and International Cooperation of Egypt, said that the republican decision to issue Law No. 17 of 2018 with amendments to some provisions of the Capital Market Law included activating the sukuk as a financial instrument in the …
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