UAE

Media IN Dubai 10th-07-2019 According to a recent report issued by the Federal Competitiveness and Statistics Authority (FCSA), the UAE’s inflation rate has fallen in May for the fifth month in a row to 1.09% as compared to the same month of 2018. The state’s consumer price index (CPI) recorded …

Media IN London 10th-07-2019 The UK economy grew at a lethargic pace in the three-month period ended last May, for the second time, the UK’s Office for National Statistics (ONS) said on Wednesday. The UK gross domestic product (GDP) grew by 0.3% in the period between March and May, with …

Media IN Duai 10th-07-2019 Dubai International Financial Centre (DIFC) has introduced new licencing categories with reduced fees to attract more firms to do business in the centre.   Four new licensing categories have been inaugurated including short-term and restricted licenses, commercial permissions and dual licenses. Under the short-term licensing category, retail …

Media IN FUJAIRAH, 10th June, 2019 (WAM/S&P Platts) Stockpiles of oil products at the Fujairah port in the UAE increased for the first time in six weeks, against a backdrop of strong summer demand from utilities in the region and for jet fuel from Europe, data released Wednesday by the …

Media IN Dubai 10th-07-2019: The Dubai Financial Market (DFM) and the Dubai International Financial Centre (DIFC) on Wednesday launched the “Dubai Sustainable Finance Working Group” in line with the UAE Sustainable Development Goals 2030 and Dubai’s Strategic Plan 2021. The new group was inaugurated by governor of the DIFC and …

Media IN Dubai 10th-07-2019 In a meeting held today Wednesday, 10 July 2019, the board of directors of Gulf Navigation Holding, listed on the Dubai Financial Market (DFM), has decided to refinance loans for some of its vessels. These vessels are Gulf Fantatir, Gulf Jalmuda, Gulf Huwaylat, and Gulf Deffi, the …

Media IN Abu Dhabi 10th-07-2019 The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) announced that local and global applications are welcome to set up digital banks in its International Financial Centre within the emirate. The ADGM aims at offering innovative customer and transactional solutions via digital banks …

Media IN SHARJAH, 9th July, 2019 (WAM) The Sharjah Chamber of Commerce and Industry (SCCI) organised on Tuesday the UAE Sri Lanka Forum to promote investment opportunities available in Sri Lanka and share economic and trade-related ideas and views between the two sides. Held at the SCCI’s headquarters, the event …

Media IN Abu Dhabi 10th-07-2019: Abu Dhabi Government and Aldar Properties on Wednesday announced collaboration to deliver AED 5 billion social, economic, and infrastructure projects across a number of key destinations in the Emirate. This move comes in line with the vision of Abu Dhabi aiming to make the emirate …

Media IN Dubai 9th-07-2019 Dubai Land Department (DLD), represented by its regulatory arm Real Estate Regulatory Agency (RERA) the regulatory entity for the owners’ associations (OA) signed a memorandum of understanding (MoU) with United Bank Limited (UBL) – UAE to manage and service OA accounts. The Director General of DLD, …