UAE

Media IN ABU DHABI, 14th July, 2019 (WAM) During the ongoing inspections carried out by the Abu Dhabi Quality and Conformity Council, QCC, during the first half of 2019, 34,846 samples of various controlled products were inspected, including toys, electrical appliances, tyres, tobacco products, and household cleaning products. Based on …

Media IN SHARJAH, 14th July, 2019 (WAM) The Emirate of Sharjah recorded AED14.7 billion from real estate transactions in the first half of 2019, according to a latest report of the Sharjah Real Estate Registration Directorate, SRERD. Abdul Aziz Ahmed Al Shamsi, Director-General of the Sharjah Real Estate Registration Directorate …

Media IN DUBAI 14th-07-2019 The Dubai Financial Market (DFM) closed Sunday’s trading session in green territory on the back of rising blue-chip stocks. The DFM’s general index rose 19.20 points, or 0.71%, finishing the session at 2,704.78 points. Trading volume amounted to 209.627 million shares exchanged at a turnover of …

Media IN Abu Dhabi  14th-07-2019 The Abu Dhabi Securities Exchange (ADX) has maintained its bullish trend for the ninth consecutive trading session on Sunday, backed by the real estate sector. The DFM’s general index edged up 13.53 points, or 0.27%, ending today’s trading session at 5,065.95 points. Trading volume amounted …

Media IN DUBAI, 14th July, 2019 (WAM) Smart Dubai has launched “Data First, The City’s Data Challenge”, a six-month-long challenge that brings together Smart Dubai’s government and semi-government data partners to underline the importance of collaborative efforts in data management, collection and insight generation. The challenge will recognise the three …

Media IN DUBAI 13th-07-2019 The Dubai Multi Commodities Centre (DMCC) has signed two memoranda of understanding (MoU) with the Hangzhou China Council for the Promotion of International Trade (CCPIT) and the Department of Commerce of Shandong Province in Qingdao. Under the agreement, the organisations will cooperate to support, strengthen and …

Media IN ABU DHABI, 13th July, 2019 (WAM) The Ministry of Economy announced a new amended fee and fine structure for a package of 110 services in the implementation of Cabinet Resolution No. (51) of 2019 on reduction of government services fees it provides to customers and businesses. According to …

Media IN DUBAI, 13th July 2019 (WAM) Union Coop, reported a 20% growth in net profit for the first half of 2019, compared to the previous year. The net profit for 2018 was AED 237.7 Million, whereas 2019 reported AED 284.6 Million net profit, which is a surge of AED …

Media IN ABU DHABI, 13th July, 2019 (WAM) Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, is mandated to represent the UAE at the Bank’s meetings and events and on its board.  Following last year’s event in Mumbai, India, the 2019 meeting ran from …

Media IN Abu Dhabi 13th-07-2019 The Dubai Financial Market’s (DFM) general index went up 25.05 points, or 0.9%, to 2,660.53 points in a week. The real estate sector grew 3.7%, as Emaar Properties rose 4%, while Emaar Development and Arabtec Holding went up 4.8% and 5%, respectively. Market capitalisation increased to …