UAE

Media IN Dubai 8th-07-2019 According to a statement by the UAE’s Ministry of Economy, trade exchange between the UAE and Bahrain reached AED 28.3 billion ($7.7 billion) at the end of 2018. This came on the sidelines of a meeting between the UAE’s economy ministry Sultan bin Saeed Al Mansoori …

Media IN Abu Dhabi 8th-07-2019 Dana Gas, a leading gas company based in Sharjah, has repurchased 368,250 shares as part of the buy-back programme previously approved by the UAE’s Securities and Commodities Authority (SCA) on 20 May 2019. The price of purchase transactions stood at AED 0.949 per share, the …

Media IN JAKARTA, 8th July, 2019 (WAM) Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Minister of Energy and Industry, headed the UAE delegation participating in the joint meeting of the UAE-Indonesia Economic Work Team, held in the Indonesian capital, Jakarta. The delegation discussed various aspects including strengthening  bilateral relations …

Media IN SHARJAH, 8th July, 2019 (WAM) Sharjah Research, Technology and Innovation Park, SRTI park, recently held its first SRTI Park Business Roundtable meeting for the representatives from business councils and commercial attaches, to strengthen the economic and investment partnership between the park and the business community in the UAE. …

Media IN ABU DHABI, 8th July, 2019 (WAM) The Electricity Tariff Incentive Programme, ETIP, which was launched in line with the Abu Dhabi Development Accelerators Programme, “Ghadan 21”, is expected to contribute to the increase in capital of companies, which will enable them to further develop their industrial products, enhance …

Media IN Abu Dhabi: 8th-07-2019 The Securities and Commodities Authority (SCA) has amended an administrative resolution related to regulating the “General Real Estate Investment Fund,” which will be in force upon its issuance. The SCA  clarified new regulations related to assessing “in-kind shares” in investment funds, which include defining the …

Media IN ABU DHABI, 7th July, 2019 (WAM) H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance and Chairman of the Federal Tax Authority (FTA), has issued FTA Decision No. (1) of 2019, setting a daily maximum of AED7,000 for cash refunds of Value …

Media IN Abu Dhabi 7th-07-2019 The Abu Dhabi Securities Exchange (ADX) closed Sunday’s trading session in green territory on the back of the rising blue-chip stocks. The ADX’s general index inched up 3.83 points, or 0.08%, to finish the first session of the week at 5,003.28 points. Trading volume amounted …

Media IN ABU DHABI, 7th July, 2019 (WAM) According to the first biannual report of the Department of Urban Planning and Municipalities, DPM, around AED31 billion was generated through 10,000 plus real estate transactions across Abu Dhabi Emirate in first half of 2019. According Falah Al Ahbabi, Chairman of the …

Media IN ABU DHABI, 7th July, 2019 (WAM) ADNOC Distribution today launched its ‘Hello Summer’ campaign offering ADNOC Wallet customers free assisted fueling between 11 am to 5 pm in July and August.  Customers not using ADNOC Wallet will also be able to enjoy the same free service for July …