MediaIn + Agencies. 29 \ 10 \ 2018 The new central bank law stipulates that 17.5 billion dirhams will be transferred from the general reserve account to increase the bank’s capital to 20 billion dirhams, according to the amendments to the law issued yesterday, which many experts describe as a …
Read More »Ruler of Ras Al Khaimah to visit Zanzibar and witness the signing of an agreement on oil and gas exploration
Media + Agencies. 29 \ 10 \ 2018 HH Sheikh Saud Bin Saqr Al Qassimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, met with His Excellency Dr. Ali Mohammed Shinn, President of Zanzibar Region in Tanzania. During his visit, Zanzibar was invited by His Excellency the …
Read More »The total profits of Agthia during the first nine months of this year amounted to 159 million
MediaIn + WAM October 28, Agthia Group reported a net profit of AED 159 million for the first nine months of 2018, a 9% increase over the same period last year. Agthia also reported net income of AED 1.49 billion, while gross profit margin reached a record 34.7% as a …
Read More »Abu Dhabi Sustainability: The session will be hosted by the GCC Chiefs of Finance
Media IN / WAM 2018/10/24 Participation in the implementation of the Gulf Cooperation Council in the Kingdom of Saudi Arabia. Both meetings aim at helping to invest in the financial sector. Financial experts expect – through these meetings – to provide valuable services in accounting, business process management, or financial …
Read More »Commercial start of Al Haramain fast train Media City
– Media in – October 11 2018 / WAM / The first official commercial flights of Al-Haramain Expressway, from Madinah to Makkah, through King Abdullah Economic City in Rabigh and Jeddah Province, were launched today. The flight, which took off from Al Haramain train station in the city, carried 417 …
Read More »Ukrainian Businesses are Actively Seeking Distributors to the GCC
Media IN/ Ukraine/17/9/2018 Ukrainian business woman Galina Potapchuk is organizing the 5th International Trading Forum in October 12-13, in Lviv, Ukraine. Ms. Potapchuk believes that this event would be a great opportunity for both Ukrainian and UAE’s businessmen and entrepreneurs to strength the great business relation between the two countries. …
Read More »20 million tons of GCC exports of chemical fertilizers for 2017
Media In / Dammam 16 September According to a report issued by the Gulf Petrochemicals and Chemicals Union (GIPCA), the organization representing the chemical industry in the Arabian Gulf, which showed that the GCC exports of chemical fertilizers reached a historic record of 20.4 million tons in 2017 with a …
Read More »Agreement between Expo Sharjah and Riyadh Exhibition Center
Media In – Riyadh – 11 September 2018 / WAM Sharjah Expo Center has signed a cooperation agreement with the Riyadh International Convention and Exhibition Center to exchange their professional experience and know the best practices applied by both sides in the field of exhibitions and conferences industry and organizing …
Read More »AED 1.7 billion Abu Dhabi trade with Oman in five months
MEDIA, Abu Dhabi, Sept. 6, 2018 (WAM) Abu Dhabi’s trade with Oman amounted to AED 1.7 billion in the first five months of 2018, an increase of 54.5 percent over the same period of 2017, reflecting a continued high level of trade exchange between the two sides. The trade exchange …
Read More »Saudi Arabia launches 4 new projects and provides 6499 housing units
Media In – Riyadh August 29, 2018 The Ministry of Housing has announced the launch of 4 new housing projects in partnership with the private sector with a total of 6499 residential units under construction. The project includes a number of residential options such as villas, townhouses and apartments with …
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