UAE

Media IN ABU DHABI, 4th July, 2019 (WAM) The UAE Central Bank has issued a commemorative silver coin and a commemorative one Dirham coin, on the occasion of celebrating the 50th anniversary of establishment of Commercial Bank of Dubai with effect from Wednesday, 3rd July 2019. A bank press release …

Media IN ABU DHABI, 4th July 2019 (WAM) Masdar and First Abu Dhabi Bank (FAB) are celebrating the Year of Tolerance in the UAE by helping an Abu Dhabi-based school for people of determination to drastically reduce its electricity and water bills. Funds raised from a special co-branded, biodegradable credit …

Media IN ABU DHABI, 3rd July, 2019 (WAM) The Board of Directors of Abu Dhabi Developmental Holding Company, ADDHC, today issued a resolution to form a board of directors, BOD, for twofour54. According to a statement, the new board will include Mohamed Khalifa Al Mubarak as Chairman and Maryam Eid …

Media IN ABU DHABI, 3rd July, 2019 (WAM Abu Dhabi National Insurance Co (ADNIC) announced that it has completed the conversion of bonds to shares. The transaction has been completed following the maturity period, ADNIC said in a statement to the Abu Dhabi Securities Exchange (ADX). In the same vein, …

Media IN ABU DHABI, 3rd July, 2019 (WAM) The Registration Authority of Abu Dhabi Global Market (ADGM) on Wednesday announced it has signed a cooperation agreement with the Department of Land and Real Estate Regulation in Ajman (ARRA).  Upon the agreement, both parties will adopt new business opportunities to boost …

Media IN DUBAI, 3rd July, 2019 (WAM) DP World UAE Region on Wednesday announced it has launched “The India-UAE Bridge”, a major initiative aiming to lure further Indian trade and investments to Jebel Ali Port and Jebel Ali Free Zone (Jafza) by offering end-to-end (e2e) solutions to companies and entrepreneurs. …

Media IN ABU DHABI -3rd-07-2019 The UAE’s new satellite ‘Falcon Eye’ – which will be launched into orbit next Saturday – has taken four years to be ready, going through several stages, ending up in being shipped from the French city of Toulouse to the French city of Guiana on …

Media IN DUBAI, 3rd July, 2019 (WAM) As Dubai’s economy enters a new phase of development, the government is launching initiatives to simplify and reduce the cost of doing business, the emirate is set to become an even more productive base for small- and medium-sized Enterprises, SMEs. At the forefront …

Media IN ABU DHABI,3rd July, 2019 WAM According to statistics from the UAE Central Bank, the value of non-resident deposits in the UAE’s banking system exceeded non-resident loans by AED64.5 billion at the end of May 2019 compared to the same period in 2018. This statistics reflect the trust in …

Media IN ABU DHABI, 3rd July, 2019 (WAM): Emirati banks’ investments in Saudi Arabia and Egypt went up to AED 90.4 billion during the first quarter of 2019, which makes up 15.5% of the banks’ total investments abroad, data from the Central Bank of the UAE showed, according to the …