UAE

Media IN Abu Dhabi 22nd-07-2019 The Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, on Monday announced it has strengthened ties with key strategic Chinese institutions on the sidelines of Abu Dhabi Crown Prince’s, Mohammed bin Zayed Al Nahyan, and his ministerial delegation’s visit to China. …

Media IN DUBAI, 22nd July, 2019 (WAM) A Smart Dubai delegation led by Director-General, Dr. Aisha Bint Butti Bin Bishr, welcomed representatives from the China Arab Economic Cooperation Committee, CAECC, at the Smart Dubai headquarters today. Headed by CAECC Chairwoman, Snow Lee, the visiting delegation engaged in a thorough discussion …

Media IN Dubai 22nd-07-2019 The Dubai Financial Market (DFM) closed Monday’s trading session in the green territory, backed by the rising blue-chip stocks topped by Emaar Properties. The DFM’s general index jumped by 35.61 points, or 1.30%, to 2,774.87 points. Trading volume amounted to nearly 146.180 million shares exchanged at …

Media IN Manama, July 22 (BNA):   The Central Bank of Bahrain (CBB) announced that this week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 164%.   The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of …

Media IN Abu Dhabi  22nd-07-2019 The Abu Dhabi Securities Exchange (ADX) closed Monday’s trading session on a positive note for the fifth consecutive session. The ADX’s general index jumped 63.71 points, or 1.22%, to 5,299.08 points. Trading volume amounted to 148.838 million shares exchanged at a turnover of AED 322.626 …

Media IN Abu Dhabi 22nd-07-2019 Aldar Properties, a leading real estate company in the UAE, announced  the AED 5 billion landmark projects it has been awarded from the Government of Abu Dhabi will bolster the franchise value of its development management business unit. These projects will also ensure Aldar’s position …

Media IN ABU DHABI, 22nd July, 2019 (WAM) The Abu Dhabi National Oil Company (ADNOC) on Monday signed the Strategic Framework Agreement with China National Offshore Oil Corporation (CNOOC) to explore new opportunities for collaboration in both the upstream and downstream sectors as well as in LNG (liquefied natural gas). …

Media IN DUBAI, 22nd July, 2019 (WAM) The Dubai Financial Services Authority, DFSA, today announced that it is now a member of the Central Banks and Supervisors Network for Greening the Financial System, NGFS, becoming one of the first regulatory authorities in the Middle East and North Africa region to …

Media IN ABU DHABI, 22nd July, 2019 (WAM) First Abu Dhabi Bank, FAB, has been named ‘World’s Best Bank for Transformation’ at the Euromoney Awards for Excellence 2019, at the recent ceremony in London. This year’s awards demonstrated the growing importance of the UAE’s banks to the global finance sector. …

Media IN BEIJING 22nd-07-2019 Dubai-based global developer Emaar will jointly implement with Beijing Daxing International Airport an AED40.5 billion (US$11 billion) project including the five square kilometre land area of the 50 sq. km airport. Alabbar added that Emaar’s success in implementing the project is also a clear sign of …