Media IN Dubai: 23rd-07-2019 DP World, the Dubai-based ports operator, reported on Tuesday a 1.6 per cent increase in the container volumes it handled in the second quarter of 2019, even as volumes in the Middle East fell. The company handled 18.3 million TEU (Twenty-Foot Equivalent Units) in the second …
Read More »UAE’s Emaar partners with China’s BNA to develop Beijing Daxing Int’l Airport’s aero-economic area
Media IN Dubai 23rd-07-2019 Emaar Properties, a leading global property developer, on Tuesday announced it has signed a memorandum of understanding (MoU) with Beijing New Aerotropolis Holdings (BNA). The MoU will see both parties working jointly to develop Business and Tourism Complex, integrating retail, entertainment, office, hotel hospitality, convention, sport, …
Read More »ADX closed in Green Zone on Tuesday
Media IN Abu Dhabi 23rd-07-2019 The Abu Dhabi Securities Exchange (ADX) closed Tuesday’s trading session on a positive note. The ADX’s general index added 44.78 points, or 0.85%, finishing the session at 5,343.86 points. Trading volume stood at 106.890 million shares exchanged at a turnover of AED 338.402 million through …
Read More »DFM gained 2,832.53 points on Tuesday
Media IN Dubai 23rd-07-2019 The DFM’s general index jumped 57.66 points, or 2.08%, finishing the session 2,832.53 points. This was its highest level in eight months on Tuesday on the back of Emaar Properties’ stock. Trading volume stood at 273.671 million shares exchanged at a turnover of AED 385.226 million …
Read More »UAE’s ADNOC sales to Chinese companies reach US$7.9 billion in 2018
Media IN ABU DHABI, 23rd July, 2019 (WAM) The strategic ties between the UAE and China in the past five years have led to close cooperation on all fronts, with the UAE becoming China’s main commercial partner in the region, reflecting the vision and the mutual coordination of the leadership …
Read More »EY collaborates with the World Energy Council on innovation in energy
Media IN ABU DHABI, 22th July, 2019 (WAM) The World Energy Council has announced its collaboration with Ernst & Young,EY, a multinational professional services firm, on the topic of innovation in energy. EY will be the platinum sponsor of the 24th World Energy Congress, to be held between 9th and …
Read More »Sharjah Airport receives Nigeria’s Air Peace from Lagos
Media IN SHARJAH, 22nd July 2019 (WAM) Sharjah Airport recently received Air Peace’s inaugural flight from Lagos. The Nigerian airline’s first international airport outside Africa, Sharjah Airport offers the advantages of Sharjah’s geographic location and the level of service that the Airport provides to airlines and travellers. After the plane …
Read More »RAK Chamber call upon Costa Rican business leaders to explore available investment opportunities in UAE
Media IN RAS AL KHAIMAH, 22nd July, 2019 (WAM) The Ras Al Khaimah Chamber of Commerce called on investors and business leaders from Costa Rica to benefit from investment and trade opportunities available in the emirate. The invitation is part of the emirate’s efforts to organise the largest international exhibition …
Read More »Abu Dhabi’s Masdar and EDF Renewables reach financial close on Dumat Al Jandal wind project in Saudi Arabia
Media IN Abu Dhabi 22nd-07-2019 A consortium comprising EDF Renewables and Abu Dhabi Future Energy Company (Masdar) announced the completion of financing for the $500 million Dumat Al Jandal wind project in Saudi Arabia, supported by Saudi and international banks, Emirates News Agency (WAM) reported. Earlier in January, the Saudi …
Read More »Mohamed bin Zayed, Xi Jinping witness signing of agreements
BEIJING, 22nd July, 2019 (WAM) His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Xi Jinping, President of the People’s Republic of China, have witnessed the signing of a number of agreements and Memoranda of Understanding, …
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