Media IN Vienna, 17th May, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at $72.61 a barrel on Thursday, compared with $71.26 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol …
Read More »UAE’s Number of business licences issued by the start of 2019 hike by 3.7 percent
Media IN Abu-Dhabi, 17th May, 2019 WAM The number of business licences issued in the UAE amounted to 560,158 since the start of 2019, an increase of 3.7 percent, or 19,800 licences, compared to the end of 2018. This reflects the improvement of various sectors since the start of the …
Read More »Masdar honours key sponsors and partners of Abu Dhabi Sustainability Week
Media IN Abu Dhabi: May, 17 2019 Masdar, the Abu Dhabi Future Energy Company, has honoured the sponsors and partners of Abu Dhabi Sustainability Week (ADSW) 2019, the largest sustainability gathering in the Middle East. The Chief Executive Officer of Masdar, paid tribute to the organisations that partnered with and …
Read More »UAE: ”Real Estate property transactions generate AED 2.9 billion a week”
Media IN Dubai, 17-05-2019 WAM Real estate transactions in the Dubai Land Department have generated more than AED 2.9 billion. Last week, the department recorded 827 shares worth AED 1.6 billion, 79 of which were land for 700 million dirhams, 748 for apartments and villas worth 900 million dirhams. In …
Read More »Finablr lists shares on London Stock Exchange
Media IN London, 16th May, 2019 WAM Today London Stock Exchange,( LSE) welcomed the UAE-based Finablr Company for brands which includes Travelex, UAE Exchange and Xpress Money, to start trading on the London Stock Exchange market, after completing an initial public offering that values the firm at $1.6 billion. The …
Read More »OPEC daily basket price announced for Wednesday
Media IN VIENNA, 16th May, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$71.26 a barrel, on Wednesday, 15th May, compared with $70.66 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 »UAE Federal Tax Authority Marks 500 Successful Days of VAT
Media IN Abu-dhabi, 15th May, 2019 (WAM) Today the Federal Tax Authority, FTA, marks 500 days of the Value Added Tax, VAT, in the UAE , Director-General of the FTA, revealed that the rates of compliance with tax laws and procedures have increased exponentially among all taxable businesses. The tax …
Read More »Fujairah oil product stockpiles little changed
Media IN Fujairah, 15th May, 2019 (WAM Oil product inventories at the UAE’s East Coast Port of Fujairah were little changed in the week ending 13th May, after nearby incidents of sabotage of vessels and volatility in crude prices kept buyers at bay, according to data released Wednesday by the …
Read More »Dubai Customs discusses more cooperation with vegetable and fruit sector
Media IN Dubai, 15th May, 2019 (WAM) The Director of Dubai Customs Chaired a meeting of the consultative council and officials discussed how to enhance cooperation with the vegetable and fruit sector. The meeting was attended by CEO of Dubai Export Development Corporation, and representatives of DP World, Dubai Chamber, …
Read More »Majid Al Futtaim lists world’s first benchmark corporate Green Sukuk on Nasdaq Dubai
Media IN Dubai, 15-05-2019 Majid Al Futtaim today rang the market-opening bell at Nasdaq Dubai to mark the listing of the world’s first benchmark corporate Green Sukuk and the first Green Sukuk issued by a corporate in the region. “We love listing our financial instruments and will continue to do …
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