Abu Dhabi 06-08-2019 / WAM The Ministry of Human Resources and Emiratisation announced that some 800 citizens and citizens have received job opportunities in the private sector as part of two separate initiatives aimed at accelerating Emiratisation in the Dhafra area of Abu Dhabi and accelerating the employment of citizens …
Read More »Guinea-Bissau PM discusses with Abu Dhabi Development Cooperation
Abu Dhabi 06-08-2019 / WAM A delegation from the Republic of Guinea-Bissau met with the Director General of the Abu Dhabi Fund for Development (ADFD) to discuss bilateral relations and means of developing them in all fields, especially in terms of financing development projects and opportunities to enhance joint cooperation …
Read More »A Chinese delegation briefed on investment opportunities in R & D through the Sharjah Innovation Park
Sharjah 06-08-2019 During its meeting with a Chinese delegation, the Sharjah Research, Technology and Innovation Park discussed the launch of strategic partnerships in the field of technology transfer with Chinese R & D institutions, by seeking to establish its position as a center for testing and technological innovation in the …
Read More »25 teams qualify as finalists of the “Ma’an” Social Incubator Program
Abu Dhabi 06-08-2019 / WAM The Community Contribution Authority (Ma’an) announced that 25 candidates have qualified for the final project of the social incubator to present their projects to a specialized committee to select the 10 finalists participating in the program, which aims to develop innovative ideas and social projects …
Read More »Dubai Trade and Xpress Money agree to provide international remittances to Pakistan and the Philippines
DUBAI 06-08-2019 Dubai Commercial Bank has signed a partnership agreement with Xpress Money to provide international remittance services to Pakistan and the Philippines for its customers as part of Phase I and will be implemented through the Xpress Money FLEX Business Platform. The agreement was signed by Amit Malhotra, General …
Read More »US $ 726.9 million revenues from DAE in the first half of 2019
Dubai, 06-08-2019 Dubai Aerospace Enterprise (DAE) announced that in the first half of 2019 it achieved revenues of US $ 726.9 million compared to US $ 2017.711 million in the first half of last year, while profit of US $ 197.1 million compared to US $ 195.2 million in the …
Read More »The market capitalization of shares is 65% of the UAE’s GDP
ABU DHABI 5th August 2019 WAM The market value of UAE capital markets rose to a 19-year high of nearly 910 billion dirhams last July, with many international firms expecting a trillion-dollar barrier by the end of 2019. The market capitalization of UAE listed companies at the end of the …
Read More »ADNOC Distribution net profit increases to AED1.17 billion in H1 2019
ABU DHABI, 4th August, 2019 (WAM) ADNOC Distribution today reported that its first-half 2019 net profit increased by 4.3 percent, to AED1.173 billion, compared with the same period last year. Free cash flow (EBITDA minus capital expenditures) generation was up 21 percent year-on-year to AED1.345 billion in the first half …
Read More »Abu Dhabi Financial Group, SHUAA Capital merger completed
DUBAI, 4th August, 2019 (WAM) Following final regulatory approvals on the transaction with Abu Dhabi Financial Group, ADFG, SHUAA Capital has announced the completion of the merger with ADFG and the raising of its Authorised Capital from AED1,065,000,000 to AED2,535,720,000. This comes following the admission of 1,470,720,000 new shares on …
Read More »DBWC invites female Emirati entrepreneurs to leverage its services
DUBAI, 4th August, 2019 (WAM) The Dubai Business Women Council, DBWC, has called on female Emirati entrepreneurs to become members and benefit from a wide range of competitive advantages to add to their business and investment activities. The council aims to increase the rate of Emirati businesswomen and entrepreneurs to …
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