Media IN Dubai 9th-07-2019 DP World, a global port operator based in Dubai, has appointed three international banks to arrange a series of investor meetings in Hong Kong, Singapore, and London, starting Wednesday, 10 July. The banks, namely Citi, Dubai Islamic Bank (DIB), and Standard Chartered, will hold the meetings …
Read More »Abu Dhabi securities exchange gained points on Tuesday
Media IN Abu Dhabi 9th-07-2019 The Abu Dhabi Securities Exchange (ADX) has seen a positive performance on Tuesday, backed by the banks and the investment sectors. By the end of Tuesday’s trading session, the ADX’s general index edged up 11.63 points, or 0.23%, to 5,022.17 points. Trading volume amounted to …
Read More »ENOC Group launches new service station in Fujairah
Media IN Dubai 9th-07-2019 Emirates National Oil Company (ENOC Group), a wholly-owned global diversified energy group of the government of Dubai, on Tuesday announced the opening of a new service station in Fujairah. According to a press release on Tuesday, the opening of Al Faseel service station in Fujairah comes …
Read More »Abu Dhabi’s trade with Saudi Arabia soars to 20 percent in 4 months 2019
Media IN ABU DHABI, 9th July, 2019 (WAM) According to figures released by the Statistics Centre, the value of trade in goods between the Emirate of Abu Dhabi and Saudi Arabia has increased to AED18.3 billion during the first four months of 2019, a growth of 20.6 percent compared with …
Read More »Dubai Airports inaugurates High-tech System to Monitor DXB Operations in Real-time
Media IN Dubai 9th-07-2019 Dubai Airports on Tuesday announced the launch of a high-tech system, ‘realtimeDXB’, to monitor operations in real-time at Dubai International (DXB). The bespoke cloud-based platform simulates traffic flows to enhance operations at the world’s busiest airport by collecting data generated by over 50 operational systems, including …
Read More »Nasdaq Dubai to form operational linkages with Astana International Exchange
Nour Sultan, Kasakhstan, 9th July, 2019 (WAM) Nasdaq Dubai has signed an agreement with Kazakhstan’s Astana International Exchange (AIX) with the aim to build a close operational relationship between the central securities depositories (CSDs) of both markets. The agreement was signed by chief executive of AIX Tim Bennett and chief …
Read More »“ADIB Direct” a new integrated digital banking platform”
Media IN Abu Dhabi 9th-07-2019: Abu Dhabi Islamic Bank (ADIB), a leading financial institution based in Abu Dhabi, on Tuesday announced the launch of its latest intuitive digital banking platform for all businesses, “ADIB Direct”. According to a press release, ADIB Direct integrates a number of banking solution for businesses …
Read More »Abu Dhabi Department of Economic Development adds commercial, service activities to industrial license
Media IN Abu Dhabi 8th-07-2019 The Abu Dhabi Department of Economic Development (ADDED) has issued a new administrative resolution, Number 70 of 2019, that enables licensed industrial companies within the UAE’s capital to add commercial and service activities to their existing licences. The move is part of the ADDED’s strategy …
Read More »KFED Organises ‘Entrepreneurs Forum’ for Emirati-Owned Small and Medium Enterprises in Ajman
Media IN AJMAN, 8th July 2019 (WAM) – The Khalifa Fund for Enterprise Development (KFED), in cooperation with the Ajman Municipality and Planning Department, recently hosted the special ‘Entrepreneurs Forum’ at Fairmont Ajman hotel for Emirati-owned small and medium enterprises (SMEs) and KFED members. The event was held to help …
Read More »Abu Dhabi Chamber and Costa Rican Embassy discuss economic, investment opportunities
Media IN Abu Dhabi 8th-07-2019 The Abu Dhabi Chamber of Commerce and Industry and the Costa Rica Embassy in the UAE discussed available mutual economic and investment opportunities in Abu Dhabi and Costa Rica. The discussion took place during a meeting held between, Abu Dhabi’s Chairman of the Chamber, and …
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