Media IN Abu Dhabi: 30th-05-2019 In his lecture themed: “Redefining Wealth for an Economy of Permanence” Sukhdev said we are living in the Anthropocene, an age where humanity has become an ecological force that is changing the surface of the planet, from where we consume resources as if they are …
Read More »Abu Dhabi banks’ Net earnings rise to AED8 bn in Q1-2019
Media IN Abu Dhabi, 30th May, 2019 WAM Total net interest earnings operating in the Emirate of Abu Dhabi grew to circa AED8.00 bn in Q1-2019, a growth of 12 percent on year, figures by the Statistics Centre-Abu Dhabi, have showed. The increase in total revenues of the UAE capital’s …
Read More »UAE-based supermarket Spinneys extends its largest branch store to Ajman
Media IN Ajman 30th-05-2019 Spinneys, a locally-owned supermarket will officially open the doors today (May 30) of its latest store in the family-favourite and rapidly-developing Al Jurf community, continuing its footprint across Ajman and beyond. The new Ajman store Measures more than 14,000 sq ft and will be the second …
Read More »Etihad Airways to transform its economy class experience by August 2019
Media IN Abu Dhabi 29-05-2019 Etihad Airways said on Wednesday the transformation of its economy class flight experience on its 23 narrow-body Airbus A320 and A321 aircraft will be completed by August. The renovated cabins will feature ergonomic seats by UK-based Acro, an innovator in the manufacturing of aircraft seats. …
Read More »Fujairah oil product stocks Rise
Media IN Fujairah, 29th May, 2019 WAM / S & P Platts) According to Fujairah Oil Industry Zone data. oil products inventories at the Port of Fujairah climbed for a third consecutive week, led by gains in jet fuel and other middle distillates. Middle distillates gained 7 per cent to …
Read More »Careem acquires UAE-based bike share service Cyacle
The new app will be available for iOS and Android as the one in the picture above is used for illustration purpose Media IN Abu Dhabi 29-05-2019 Careem has entered the micro-mobility space with the acquisition of UAE-based company Cyacle. Cyacle which was launched in December 2014 is fully-automated docked …
Read More »Central Bank of UAE urges commercial banks to distribute New banknotes to meet customers needs during Eid seasons
Media IN Abu Dhabi, 29th May, 2019 WAM The UAE Central Bank on Tuesday asked commercial banks in the country to supply new currency notes during the upcoming Eid season to meet customers’ needs. The apex bank said in a statement on Tuesday that ; “Central Bank of the UAE …
Read More »UAE ranked 5th in IMD Annual world competitiveness report
Media IN Abu Dhabi 29-05-2019 The UAE is ranked first regionally, and entered, for the first time, the top 5 globally, according to the IMD World Annual Competitiveness Report 2019 released on Tuesday. The Switzerland-based think tank said in its annual report that the UAE jumped from the seventh place …
Read More »Federal Tax Authority issues guidelines of professional standards to tax agents
Media IN Abu Dhabi, 28th May, 2019 WAM The Federal Tax Authority, FTA, has called on tax agents to comply with the five ‘Professional Standards for Tax Agents’, published in a new guide on the subject, in all of their transactions to ensure uninterrupted activity. The new guide offers a …
Read More »UAE non-oil trade reached AED1.628 trillion last year.
Media IN Abu Dhabi, 28th May, 2019 WAM The UAE’s non-oil foreign trade, including direct and free zone trade, and customs warehouses, reached a total of AED1.628 trillion in 2018, announced the Federal Customs Authority, FCA, on Tuesday. The Authority noted in a statement that direct non-oil foreign trade accounted …
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