UAE

Media in Dubai 21-05-2019 Dubai Tourism and Commerce Marketing (DTCM) has launched a new initiative to promote the localization of the tourism sector since the launch of the initiative. The Department of Localization of the Sector in the College was able to employ more than 300 citizens in different disciplines …

21-05-2019 Media in\ Abu Dhabi The money supply of the UAE’s banking sector rose 0.2% to AED 1.636 trillion at the end of April 2019 compared to AED 1.632 billion at the end of March. The increase in money supply was in its comprehensive sense, according to the Central Bank …

21-05-2019 Media in\ Abu Dhabi The value of the monetary base in the UAE rose to AED 386 billion at the end of last April, an increase of AED 13 billion and an increase of 3.5% compared to AED 373 billion in March of the same year. The rise in …

21-05-2019 Media in \Abu Dhabi Hotel accommodation in Abu Dhabi rose by 36.8% during February compared to the same month of 2018. The growth in revenues coincided with a rise in the price index of accommodation by 17.4% during February of this year compared with January, according to figures released …

Media IN Abu-Dhabi, 21st May, 2019 WAM Emirates steel, the only integrated steel plant in the UAE and a subsidiary of the General Holding Corporation (Senaat), has signed a strategic deal with the Finnish company, Ecofer Technologies. The agreement, due to take effect in 2020, will provide Emirates Steel with …

Media IN DUBAI, 21st May, 2019 WAM) Dubai Islamic Economy Development Centre (DIEDC) organised a roundtable in Malta Islamic Finance Association (MIFA),aimed at expanding the footprint of Islamic economy in Europe, as well as exchanging knowledge and expertise in the Islamic finance field, and enhancing bilateral relations. The Maltese government …

Media in\ Abu Dhabi 21-05-2019 Abu Dhabi Securities Exchange (ADX) announced that its public and private shareholding companies’ shareholding ratio was 95.3% in the first quarter of 2019. This is within the period of legal time limit for the disclosure of the results of listed companies, which is limited to …

Media IN VIENNA, 21st May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$72.47 a barrel on Monday, 20th May, compared with $72.57 the previous Friday, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …

Media IN VIENNA, 21st May, 2019 WAM OPEC Fund for International Development,OFID was established in January 1976 by the then 13 member countries of OPEC; including the United Arab Emirates. In 2006 the Coordination Group comprised of Arab National and Regional Development Institutions, the Islamic Development Bank, and OFID initiated …

Media IN Jeddah 20-05-2019 / WAM The Minister of Energy and Industry headed the delegation of the participating country in the 14th meeting of the Joint Ministerial Committee to monitor the reduction of production between the Organization of Petroleum Exporting Countries (OPEC) and the countries outside it, which was held …