Media IN Dubai, 23rd May, 2019 WAM Following a strong start to 2019, Dubai Business Events (DBE), the city’s official convention bureau, showcased Dubai’s dynamic business events offerings yet again at IMEX, the worldwide exhibition for incentive travel, meetings and events. The aim of DBE’s participation at the event in …
Read More »Gross bank assets including bankers’ acceptances increased by 1.1%
Media IN Abu-Dhabi, 23rd May, 2019 WAM The UAE Central Bank has announced that the Money Supply aggregate M1 fell by 0.9 percent from AED512 billion at the end of March 2019 to AED507.3 billion at the end of April 2019. The Money Supply aggregate M2 increased by 0.5 percent …
Read More »OPEC daily basket price announced for Wednesday
Media IN VIENNA, 23rd May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$71.03 a barrel on Wednesday, 22nd May, compared with US$71.71 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …
Read More »Empower announces the diversification of its portfolio of seven major sectors in Dubai
Media IN Dubai 22-05-2019 Emirates Central Cooling Systems (Empower) provides district cooling services to the seven major sectors in Dubai. Refrigeration services provided by Empower included 71% for residential buildings, 15% for commercial buildings, 11% for hotels and 3% for hospitals, educational and university buildings, shopping centers and factories with …
Read More »Dubai Smart Entrepreneurs Award Winners Announced
Media IN Dubai 22-05-2019 Three emerging companies won the Dubai Smart Entrepreneur Award for the fourth edition of Dubai Entrepreneurship launched by the Dubai Chamber of Commerce and Industry (DCCI) in collaboration with Dubai Smart and supported by du of Emirates Integrated Telecommunications Company on the sidelines of the Enterprise …
Read More »Over 9,514 new business licenses issued in Dubai from January to April
Media IN Dubai 22-05-2019 The number of new licenses issued by the Department of Economic Development (DED) rose to 9514 in the January-April period, a growth of 38.3% against the comparable period in 2018. The strong growth in the number of licenses issued for the various economic activities reflects the …
Read More »Al-Manad Real Estate Dev’t Company signs Loan Pact with Mashreeq Bank
Media IN Sharjah 22-05-2019 WAM Al Manad Real Estate Development Company has signed an agreement with Mashreqbank for syndicated loans worth AED 1 billion to contribute to the resumption of construction work on the two projects in Sharjah, Al Jadah and Masaken Residences. A syndicated loan is one that is …
Read More »UAE Ambassador to China: Belt and Road: A Sustainable Vision for a Bright Future
Beijing\media IN 22-05-2019 / WAM China’s Ambassador to the People’s Republic of China confirmed that the Forum “Belt and Road 2” for international cooperation, which was held in Beijing last April, marked the beginning of a new stage of the initiative of the belt and road, accompanied by a series …
Read More »‘Future Manufacturing and Trade Summit 2019’ announced for 10-11 September
Media IN Dubai 22-05-2019: WAM The 4th edition of the annual Future Manufacturing and Trade Summit, hosted by Dubai Exports, the export promotion agency of the Dubai Department of Economic Development (DED), in collaboration with Expotrade Middle East, will be held under the patronage of UAE’ Minister of Energy and …
Read More »Artificial Intelligence Research Forum organized by UAE- UK concludes in Dubai
Media IN Dubai, 22nd May, 2019 WAM Minister of State for Artificial Intelligence, stressed the importance of establishing international partnerships with the aim of benefiting from scientific research outputs, and creating an integrated vision for the challenges and changes facing the world. The Minister noted that the UAE government drive …
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