29-04-2019 Media in\ Abu Dhabi The value of savings account balances with the banking system in the UAE increased to AED 155.4 billion during the first two months of this year with growth of 2.2% and AED 3.4 billion compared to December of 2018. The increase in the balance of …
Read More »Number of subscribers in UAE telecoms sector/Mobile phone increased to 23.19 million
29-04-2019 Media in\ Abu Dhabi The number of subscribers in the UAE telecoms sector / mobile phone, fixed telephone and Internet increased to 23.19 million subscribers in December 2018 compared to 23 million subscribers in November of the same year. The latest statistics released by the Telecommunications Regulatory Authority (TRA) …
Read More »Human Resources Authority signs MoU with International Human Resources Management Association
29-04-2019 Media in\ Abu Dhabi The Human Resources Authority and the International Human Resources Management Association (SHRM) signed a Memorandum of Understanding (MoU) to discuss cooperation mechanisms in the areas of developing strategies and policies, participation in conferences and professional forums held by the Authority or the Association, and exchanging …
Read More »Abu Dhabi is ranked 12th globally in Doing Business for 2019, according to the World Bank
29-04-2019 Media in\ Abu Dhabi The Emirate of Abu Dhabi ranked 12th in the world in Doing Business, according to the World Bank’s Doing Business Report 2019, up 23 places in the rankings compared to the 2016 report in an unprecedented achievement for the emirate. In its fourth edition of …
Read More »Abu Dhabi Chamber enhances cooperation with the business sector in Singapore
29-04-2019 Media in\ Abu Dhabi Director General of the Abu Dhabi Chamber of Commerce and Industry and Dr. Brian Shekker, Chairman of the UAE-Singapore Business Council discussed the prospects of cooperation between the business sector on both sides. The meeting was attended by Abdullah Ghurair Al Qubaisi, Deputy Director General …
Read More »Dubai Financial Market(DFM) Company announces net profit of AED 28.1 million in Q1, 2019
DUBAI /Media IN /Mon 29-04-2019 (WAM) – Dubai Financial Market (DFM) Company today announced its financial results for the first quarter of the year ending 31st March 2019, reporting a net profit of AED28.1 million, a 43 percent decrease compared to AED48.9 million during the corresponding period of 2018. The …
Read More »Arab Monetary Fund (AMF) will start its work from Abu Dhabi next year
28-04-2019 Media in\ Abu Dhabi The Director General of the Arab Monetary Fund (AMF) confirmed that the Arab Clearing House of the Arab Monetary Fund, based in Abu Dhabi, will start its work by 2020, which will deal with the clearing and settling of Arab payments, which will enhance inter-Arab …
Read More »Arab Monetary Fund and World Bank Organize Capacity Building Course for Employees of the Central Bank of Yemen
28-04-2019 Media in\ Abu Dhabi The training course for capacity building in the payment systems for employees of the Central Bank of Yemen, organized by the Arab Monetary Fund in cooperation with the World Bank Group, started today at the Marriot Hotel in Abu Dhabi and will last till May …
Read More »Sheikh Mohammed bin Rashid issues decree to adopt the Dubai International Arbitration Center Statute
28-04-2019 Media in\ Dubai UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued decree No. 17 of 2019 to adopt the Dubai International Arbitration Center (DIC) statute to replace the statutes adopted by Decree No. 58 of 2009. The Dubai …
Read More »The Union of Export Credit Association joins the Berne Union
28-04-2019 Media in\ Dubai The Union of Export Credit, the federal government’s credit protection company, has announced that it has voted for its membership as an observer in the Berne Union, a global consortium representing the global export credit industry and investment insurance. This membership allows UICC to fulfill its …
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