Dubai 19-08-2019 / WAM Dubai Financial Market (DFM) has strengthened its successful partnership with the DIFC Authority’s Hawkamah Institute to improve corporate governance practices in the UAE. In 2017, DFM and Hawkamah signed a cooperation agreement to develop governance and sustainability practices in the corporate sector in the UAE, particularly …
Read More »Dubai Chamber unveils supervisors and mentors in the UAE and African Startups Training Program
Dubai 18-08-2019 The Dubai Chamber of Commerce and Industry (DCCI) has unveiled eight mentors of experienced and business leaders who will oversee the implementation of the second phase of the UAE-Africa Startups Training Program, which will be held on the sidelines of the 5th edition of the Africa-Africa Global Business …
Read More »Dubai Economy issues 14,737 new business licenses in first half of 2019
Dubai 17-08-2019 The Dubai Business Registration and Licensing Business Report showed that 14,737 new business licenses were issued during the first half of 2019, confirming Dubai’s continued competitiveness and attractiveness for companies and investors interested in sustainable growth, and expanding their business in various economic sectors in Dubai. The new …
Read More »The Federal Taxes Authority launches a new electronic system for registering selective goods
Abu Dhabi 17-08-2019 The Federal Tax Authority has launched a new electronic system for registering selective goods. The Commission pointed out that all business sectors concerned with selective commodities should follow the new procedures when registering selective goods in the system and reviewing the documents and requirements for registering and …
Read More »1.437 billion dirhams to build a hydroelectric plant using the water of Hatta Dam
Dubai-08-17-2019 The Dubai Electricity and Water Authority (DEWA) has awarded a contract to build the first project of its kind in the Arabian Gulf, the hydroelectric power station, utilizing the water stored at Hatta Dam, for a total value of AED 1,437 billion. Andritz Hydro and Ozkar. The French group …
Read More »97% of Abu Dhabi Securities Exchange companies’ commitment to disclose
Abu Dhabi 15-08-2019 / WAM Abu Dhabi Securities Exchange (ADX) announces that the disclosure rate of its listed local and foreign public shareholding companies has reached 97% in terms of disclosure of the financial results for the second quarter of this year within the period of legal deadline for disclosure …
Read More »514 Spices & Spices Trading Companies in Dubai
Dubai 15-08-2019 A report issued by the Commercial Registration and Licensing Department at the Department of Economic Development in Dubai showed that the total number of companies working in the spices trade in Dubai reaches 514 companies. The first three companies in this field have been founded since 1963 and …
Read More »ADNEC contributes AED 2.3 billion to Abu Dhabi’s economy during the first half
Abu Dhabi 15-08-2019 / WAM Abu Dhabi National Exhibitions Company (ADNEC) today announced the contribution of the Abu Dhabi National Exhibition Center and Al Ain Convention Center to the economy of the Emirate of Abu Dhabi during the first half of 2019, amounting to AED 2.3 billion, bringing the total …
Read More »Bahrain indices close on divergence
Manama 14 -08-2019 Bahrain General Index closed at 1,539.59 today, a decrease of 3.96 points from the previous closing, while the Bahrain Islamic Index closed at 753.84, up 4.46 points from the previous closing. The volume of shares traded amounted to two million and 845 thousand and 889 shares with …
Read More »The Egyptian bourse gains 14 billion pounds and its index rises
Cairo 14 -8-2019 SPA Market capitalization of listed companies on the Egyptian stock exchange gained EGP 14 billion to reach EGP 760.1 billion, after a total turnover of EGP 4.1 billion, including EGP 3.1 billion in the value of the bond market of the main dealers and the remaining one …
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