News

Media In – Dubai February 27, 2018 WAM Emirates International Aluminum Company announced today that its net income for the year 2017 was AED 3.3 billion ($ 900 million), an increase of 59 per cent compared to 2016. The company’s revenues rose to 20.5 billion dirhams ($ 5.6 billion) in …

Media In – Abu Dhabi, February 27, 2018  The value of trade in the Emirate of Abu Dhabi from the iron, steel and copper industries to AED 22 billion in 2017 grew by about 4% compared to AED 21.16 billion in 2016. Abu Dhabi’s trade accounted for 13.7% of the …

Media in/ِAmman The Central Bank of Jordan (CBJ) said preliminary data indicate a 4% increase in total remittances in January. The increase in the value of remittances in the first month of this year to $ 308.2 million (218.5 million dinars) compared to $ 296.3 million for the same month …

Media In – Abu Dhabi, February 27, 2018 The 9th International Capital Markets Forum, organized by the First Abu Dhabi Bank in cooperation with the Central Bank and the Abu Dhabi Council for Economic Development, was launched at the Emirates Palace today under the patronage of His Highness Sheikh Mohammed …

MediaIn – Dubai 26 February 2018 WAM Dubai Airports has announced plans to close the 45-day runway of Dubai International Airport from 16 April to 30 May 2019 for a comprehensive upgrade designed to raise safety, service and capacity. Dubai International Airport operates throughout the day and handles more than …

MediaIn – Abu Dhabi, February 26, 2018 The value of liquidity has doubled and has risen above half a billion dirhams, according to daily monitoring during the second session of the week in the UAE capital markets. The Abu Dhabi Securities Market index rose to 4,593 points, up 0.25%, to …

MediaIn / Riyadh February 26, 2018 The Saudi Arabian General Investment  (SAGIA) announced the extension of the license period for foreign investment to five years renewable, giving the investor the option of reducing the license period by a minimum of one year. “The measures taken will motivate leading international companies …

Media In – Dubai – February 26, 2018 The first session of the First Arab Land and Land Management Conference, organized by the Department of Land and Property, was held in Dubai from 26 to 28 February. The conference will be organized under the theme “Towards sustainable urban development” and …

Media In / Riyadh A specialized national company supervised by the Riyadh High Commission for Developing Riyadh and the Jeddah Metro Company in Jeddah has recently launched the new public transport service in Riyadh and Jeddah, which will start next Tuesday. It is estimated at 3 riyals from one station …

MediaIn – Ajman 26 February 2018 WAM The Ajman Department of Economic Development (DED) launched the “Authorized Agent for Economic Licenses Project” inaugurated by His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman. Ali Issa Al Nuaimi, Director General of the Department of Economic Development in Ajman, …