Media IN Fujairah, 15th May, 2019 (WAM) In abid to improve financial inclusion in the region, National Bank of Fujairah has announced that ithas participated in the Arab Financial Inclusion Day, an initiative adopted by Arab Monetary Fund, AMF, and the Council of Governors of Arab Central Banks. This was …
Read More »AED7.3 bn Injected by the UAE Central Bank during March
Media IN Abu-Dhabi, 15th May, 2019 (WAM) In abid to boost liquidity, and compensate banks of funds withdrawn out of excess liquidity in the market, the Central Bank of UAE has injected AED 7.3 billion cash to the financial system for the month of march. This was aimed at regulating …
Read More »DMCC Tradeflow sign MoU with TradeAssets to Alleviate risk of online transactions
Media IN DUBAI, 15th May, 2019 (WAM) Today DMCC, a Free Zone for commodities trade and enterprise, announced its collaboration with TradeAssets, the first blockchain-powered trade finance e-marketplace of its kind for banks. As a result of the collaboration with DMCC, Tradeflow, a dedicated flexible and customised online platform for …
Read More »OPEC daily basket price announced for Tuesday
Media IN VIENNA, 15th May, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$70.66 a barrel on Tuesday, 14th May, compared with US$71.21 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 »Dubai summer surprises back in action: dates revealed
Media IN Dubai:15/05/2019 Dubai’s annual city wide celebration will usher in six weeks of sales, retail experiences and events. The big summer shopping festival will be back for its 22nd edition on June 21 and it will run until August 3, it was announced on Tuesday. The event is organized …
Read More »H.H Sheikh Hamad stresses the importance of expanding Port of Fujairah
Media IN Fujairah, 15th May, 2019 WAM H.H. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, yesterday emphasised the paramount importance of boosting the Port of Fujairah’s operations and enhancing its capabilities as part of UAE’s transformational development drive and in line with the priorities …
Read More »Mawaqif parking ticket to be used in all parking bays in Abu Dhabi
Media IN Abu-Dhabi 14th May, 2019 The Integrated Transport Centre, ITC, in Abu Dhabi has announced that premium parking tickets can be used in all premium and standard parking bays in Abu Dhabi. Whereas standard parking tickets can only be used in standard parking bays in all areas in Abu …
Read More »DMCC Forms Strategic Alliance with China Gems and Jade Exchange
14-05-2019 Media IN Dubai DMCC, the world’s leading Free Zone for commodities trade and enterprise, announced today that it has signed a Memorandum of Understanding with the China Gems and Jade Exchange (CGJE), creating a strategic alliance with China’s official trading platform for gemstones and jade. The Chief Operating Officer, DMCC, and …
Read More »Abu Dhabi International Airport launches new kids’ play areas for Summer
Media IN Abu-Dhabi 14-05-2019 Due to the influx of families from overseas this summer, Abu Dhabi International Airport has introduced new features to keep children entertained. The airport has opened two new kids’ play areas to help little ones while away the hours before boarding. The area in Terminal 1 …
Read More »The Saudi Stock Exchange closed at 8374.27 points
MediaIn \ Riyadh 14-05-2019 The index of major Saudi stocks closed today, up 7.63 points to close at 8374.27 points, and trades worth more than 6.4 billion riyals. The number of shares traded was more than 200 million shares, which were shared by more than 150 thousand transactions, where the …
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