Dubai, 29-07-2019 The Ministry of Economy and the Emirates Foundation, an independent national institution working in partnership with the public and private sectors to establish community responsibility and raise the competencies of young people, signed a Memorandum of Understanding on cooperation and joint action and exchange of information and experiences …
Read More »AED 305 billion bank reserves at Central Bank in June 2019
29-07-2019 Abu Dhabi Total bank reserves at the UAE central bank rose to AED 305 billion by the end of the first half of 2019, an increase of 2.5% to AED 7 billion from AED 298 billion in May. According to a report issued by the Central Bank of the …
Read More »Abu Dhabi Development Company has received the ISO 31000 International Corporate Risk Management Award
29-07-2019 Abu Dhabi Abu Dhabi Fund for Development (ADFD) has received the ISO / 31000 certificate from the British Institute for Standardization and Metrology (BSI). ISO / 31000 / ISM helps with corporate risk management through its principles and guidelines for risk analysis, valuation and management. The risk management framework …
Read More »Deposits rose to AED 155.8 billion during June 2019
29-07-2019 Abu Dhabi The Central Bank of UAE (CBE) has raised its certificates of deposit to a record level in the first half of 2019 after reaching 155.8 billion dirhams at the end of June, according to the bank’s statistics, which show its return to withdraw excess liquidity at banks. …
Read More »Issuing the Sharjah Economic Directory of Sharjah Economic
Sharjah 29-07-2019 / WAM The Department of Economic Development in Sharjah completed the Sharjah Industrial Directory project, which complemented and implemented its strategic plan to contribute to the planning and leadership of the overall economic development in the Emirate and the development of the services provided to clients and strategic …
Read More »Registration of 61 licenses tomorrow in the economy of Ras Al Khaimah in the first half of 2019
Ras Al Khaimah 29-07-2019 In the first half of this year, the number of licenses for tomorrow registered at the Department of Economic Development (DED) in Ras Al Khaimah reached 61 licenses from tomorrow, starting from the start of the initiative, as part of its support to entrepreneurs and facilitating …
Read More »293 million dirhams proceeds from payments received by “Dana Gas” from the Kurdistan region of Iraq
Sharjah 29-07-2019 / WAM Dana Gas has announced a 74% increase in its share of the sales received from BP sales – condensate, liquefied petroleum gas and gas – in the Kurdistan Region of Iraq during the first half of this year. The company said in a statement posted on …
Read More »Dubai International Airport attracts fifth Indian airline and adds new destination to India
Dubai 28 July 2019 WAM Dubai Airport has joined a new airline with Air India and 79 international airlines as the airport has increased its destinations by setting up a new destination with the arrival of Air Jair’s inaugural flight from Kanoor, India’s southern state of Kerala. The airline launched …
Read More »DIFC boosts UAE financial sector development, reports significant growth in H1 2019
DUBAI, 28th July, 2019 (WAM) Dubai International Financial Centre, DIFC, has reinforced its contribution to the UAE’s economy and its commitment to driving the future of finance, following strong performance during the first half of 2019. The Centre saw sustained growth in the first half of 2019, welcoming more than …
Read More »DIFC mission to India drives mutual collaboration
DUBAI, 28th July, 2019 (WAM) A delegation from the Dubai International Financial Centre, DIFC, undertook a successful mission to Maharashtra in India, led by Essa Kazim, Governor of the DIFC, and Arif Amiri, Chief Executive Officer of the DIFC Authority. The meetings took place in Mumbai and the wider Maharashtra …
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