News

Media In – Abu Dhabi March 14, 2018  The total value of remittances executed between banks operating in the UAE through the UAE Exchange System (UEFTS) was 1.132 trillion dirhams in January and February of this year, according to the Central Bank of UAE today, through statistics issued by the …

Media In – Dubai March 14, 2018 Real estate transactions in the Land and Property Department in Dubai achieved more than 1.5 billion dirhams, the most prominent of which were mortgages worth AED 1.1 billion through 69 transactions. With a total value of AED 400 million, of which 17 million …

MediaIn / Riyadh March 14, 2018 The Saudi General Authority for Ports (Ports) has announced the completion of the final stages of the launch of the service of transporting oil products from one ship to another in the Red Sea region, near the commercial ports of Yanbu and King Fahd …

Media In – Abu Dhabi, March 13,  The Federal Tax Authority has affirmed that all taxpayers and taxpayers must comply with the prices of goods and services, including tax, in order to avoid the administrative fines imposed in the event of a price violation other than tax. In a press …

Media In – Abu Dhabi, March 13, The annual general meeting of Abu Dhabi Aviation Company approved a cash dividend of 20% of the capital for the fiscal year ended December 2017. The meeting was held at the Ritz-Carlton Hotel Abu Dhabi on Tuesday, chaired by Nader Ahmed Mohammed Al …

MediaIn / Agencies / March 13, 2018 The Jordanian Central Bank’s preliminary data showed that Jordan’s revenues from tourism income rose by 7.2 percent to end of February to 4.375 million dollars (4.521 million dinars) compared to 686 million dollars for the same period last year. The bank said in …

Media In – Abu Dhabi, March 13, 2018 The UAE has cut its oil production by 6% in the last quarter of last year, while the reduction in the third quarter was 4%. The reduction in the UAE’s oil production in 2017 is a step that reflects the commitment of …

Media In – Dubai, March 13, 2018 Dubai Land Department, represented by the Real Estate Regulatory Authority (RERA), the regulatory arm of the Land and Property Department, and the Dubai Economic Development Department (DED) signed a memorandum of cooperation on the establishment of a mechanism for monitoring and inspecting licensed …

Media In – Dubai, March 13, 2018 The UAE-Greek Business Forum, organized by the UAE Federation of Chambers of Commerce and Industry, in cooperation with the Dubai Chamber of Commerce and Industry, in coordination with the Ministry of Economy and the Union of Greek Companies, discussed the requirements of reaching …

Media In – Ras Al Khaimah March 13, RAK Economic has continued its initiative for the second year in a row, launched by the Department of Control and Trade Protection at the beginning of last year. The initiative brings together the management, consumers and investors by receiving their comments and …