Media in/Amman The Ministry of Industry, Trade and Supply revealed a rise in total insurance premiums by 1.8 per cent during 2017 to reach 593.5 million dinars compared to 582.9 million dinars in 2016. The ministry said in a statement issued today that the total premiums for general insurance increased …
Read More »Collective gains in Egyptian Stock Exchange indices
Media In – Cairo, February 18, 2018 Egyptian stock indexes recorded a mass rally at the close of trading today, supported by buying by Arab institutions and investment funds, while domestic and foreign investors tended to sell. The market capitalization of listed companies rose 5.4 billion pounds to reach 7.863 …
Read More »75 Thousand Takeoffs and Landings at Sharjah Airport During 2017
MediaIn – Sharjah 18 February 2018 WAM The number of passengers who used Sharjah International Airport during the last year 11.365 million passengers, an increase of 327 thousand passengers compared to 2016, especially in light of the use of smart gates, which contributed to the flow of traffic and ease …
Read More »24-hour container clearance campaign at Saudi ports
Media In / Riyadh The Saudi Ports Authority and the Saudi Customs, in coordination with the Taysir Committee, launched the 24-hour container clearing initiative in Saudi ports in order to raise performance and productivity indicators in all Saudi ports in general and contribute to enhancing the investment and commercial environment …
Read More »NASDAQ Dubai Futures Contracts Allow Investment in 37 Companies
MediaIn – Dubai 18 February 2018 WAM NASDAQ Dubai has launched future contracts linked to the Dubai Financial Market General Index in a move that represents a qualitative leap for investors as it provides new tools to track the performance of the Dubai Financial Market, the second largest stock market …
Read More »Jordanian industry and supply: 400 violations since the beginning of this year
MediaIn / Amman / Agencies The Jordanian Ministry of Industry, Trade and Supply released 400 violations since the beginning of this year until mid-February, and 72 violations of bakeries that have not complied with the law since the implementation of the decision to determine the price ceilings for bread. The …
Read More »22.6 Billion AED is the Worth of Non-Oil Exports from Abu Dhabi During 2017
MediaIn – Abu Dhabi, February 18, 2018 and WAM Abu Dhabi’s foreign trade in non-oil goods reached AED 159.9 billion in 2017, of which AED 13.2 billion was the value of the emirate’s trade in December, which grew by 3.4% compared to the same month of 2016. Figures from …
Read More »“Federal Taxation” Launches 50 Guides and Electronic Learning Programs for Tax Systems
MediaIn – Abu Dhabi February 18, The Federal Tax Authority has issued 50 guides and e-learning programs that included some legislative and executive aspects of the UAE tax regulations as part of the comprehensive awareness plan adopted by the Commission. Khalid Ali Al Bustani, General Manager of the Federal …
Read More »Minister of Energy: 100 Million Barrels should be removed from the Market to Reach the Average Global Stock
MediaIn – Abu Dhabi, February 17, 2018 The Minister of Energy and Industry Suhail Al Mazrouei said that the continuation of the Organization of Petroleum Exporting Countries (OPEC) in 2018 is the focus of our strategies and that providing a stable environment for the oil market is a top priority. …
Read More »Dubai Economic Community Receives 70 Complaints Daily in 2017
MediaIn – Dubai February 17, 2018 WAM The Commercial Control and Consumer Protection Sector of the Dubai Economic Sector received 25,665 complaints to consumers during 2017 at a rate of 70 per day, along with two thousand and 885 notices, a thousand and 772 inquiries through its call center on …
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