News

Media In – Dubai March 17, 2017 and WAM Dubai Electricity and Water Authority (DEWA) has established contracts for the construction of four main transmission stations with a capacity of 400/132 kV at a time, with a total value of more than AED 1.28 billion to add to the total …

MediaIn / Riyadh 15 March 2018 The General Authority for Zakat and Income has announced the seizure of (22) violations of the application of value added tax, in a number of enterprises during its inspection campaign that targeted car workshops and spare parts shops in Riyadh. The field teams conducted …

Media In – Dubai 15 March 2018 WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, today inspected the new expansions of Dubai World Trade Center, which include the addition of the One Central Building, which includes a number of office and residential …

Media In – Abu Dhabi March 15, 2018 and WAM  UAE stock markets ended their trading on the last day of the week on the green box supported by smart buying focused on a segment of leading stocks, especially listed in the real estate and banking sectors. The market capitalization …

MediaIn / Riyadh 15 March 2018 SAUDI ELECTRICITY COMPANY (SAUDI ELECTRICITY) has launched an initiative to deliver electrical service to commercial establishments within nine days by registering on my site “balady.gov.sa” for facilities that require an electrical load of not more than 166 kVA, confirming that the initiative was in …

Media In – Abu Dhabi March 15, 2018 and WAM  The balance of foreign assets with banks in the UAE stood at AED 585.1 billion, representing 21.8% of the total assets of the bank during the month of January, which amounted to AED 2.688 trillion. The preliminary reading of the …

MediaIn / Agencies / Riyadh March 15, 2018 The Ministry of Housing and the Real Estate Development Fund launched the third installment of the “Residential” program for the year 2018, with a total of 21727 residential and financial products, distributed throughout the Kingdom, within the target of the program during …

Media In – Abu Dhabi March 14, 2018 Abu Dhabi Ports City (KHCC) has launched the first of its kind in the Middle East to provide flexible storage solutions according to demand. Khalifa Industrial City is a 1.3 million square foot (120,000 square meter) area, providing tenants with free and …

Media In – Dubai 14 March 2018 WAM  The Department of Economic Development (DED) in Dubai has achieved qualitative results in transactions completed during last February, according to the report of the business movement issued by the registration and commercial licensing sector, which indicated that the sector recorded 23,407 completed …

Media In – Cairo, March 14, The Egyptian Ministry of Investment and International Cooperation signed five agreements with Kuwait Fund for Development worth 86.1 million Kuwaiti Dinars, equivalent to 5 billion pounds in the framework of the Sinai Peninsula Development Program. The agreement is worth KD 60 million to finance …