Media in Dubai 28-04-2019 / WAM / NASDAQ Dubai today welcomed the listing of US $ 1.5 billion worth of Sukuk by the Islamic Development Bank (IDB). This listing underscores Dubai’s role as the world’s largest Sukuk listing facility with a nominal value of US $ 60.89 billion. The Islamic …
Read More »3,390 contracts signed by Citizens and Companies operating in financial, Banking, Insurance, Retail and Tourism Sectors.
28-04-2019 Media in\ Dubai The Minister of Human Resources and Emiratisation said that 3390 contracts signed by citizens and citizens with companies operating in the financial, banking, insurance, retail and tourism sectors to work for them were part of the initiative to speed up the qualitative settlement in the sectors …
Read More »National Bank of Egypt (NBE) signs Investment partnership with the UAE-based MBF Group
Abu dahabi \Media In 28-04-2019 Shaikh Mohammed bin Faisal Al Qassimi, Chairman of MBF Group, signed an investment partnership with Hussain Al-Tantawi, Executive Director of the National Bank of Egypt (DIFC) office in the presence of Tareq Al Ghazali, General Manager of the Bank’s representative office in the UAE. In …
Read More »FANC announces the development of the NuTech portal
Media in \Abu Dhabi, 28-04-2019 (WAM The Nuclear Regulatory Authority (FANC) has announced the development of the NuTech portal, the first electronic monitoring system for the import and export of dual-use nuclear materials, and linking them to the Abu Dhabi Customs General Authority’s electronic mail clearance system. NuTech is an …
Read More »Central Bank of Sudan receives $ 250 million deposit from Abu Dhabi Development Bank
28-04-2019 Media in \Abu Dhabi Abu Dhabi Fund for Development (ADFD) today signed an agreement with the Central Bank of Sudan to deposit $ 250 million, equivalent to AED 918 million, to support the bank’s fiscal policy and achieve financial and monetary stability in Sudan. The deposit comes as part …
Read More »Total assets of 10 UAE banks jump to 1.3 trillion dirhams during the first quarter of 2019
28-04-2019 Media in\ Abu Dhabi The total assets of the 10 national banks, which disclosed their financial statements, increased to AED 1.3 trillion in the first quarter of 2019, an increase of 40 billion dirhams and a growth of 3.1% compared to 1.26 trillion dirhams in the same period of …
Read More »Abu Dhabi Fund for Development injects AED 9 billion to develop 82 projects in Morocco
Media in\ Abu Dhabi 28-04-2019 / WAM Abu Dhabi Fund for Development financed 82 development projects in the Kingdom of Morocco with a total value of 9 billion dirhams. These funds contributed to the support and development of major sectors, including ports, roads, transportation, social development, education services, health care …
Read More »Ajman Organizes Workshop to sensitize inspectors on counterfeit Communication Devices
28-04-2019 Media in\ Ajman The Department of Economic Development in Ajman hosted an awareness workshop on the prohibited and counterfeit telecommunications devices of the Telecommunications Regulatory Authority (TRA). The workshop, which was presented by Mr. Idruss Hashemi during the Commission, aimed to familiarize the inspectors with the latest methods of …
Read More »Hotel revenues in Abu Dhabi rose by 16.5% in December, 2018
28-04-2019 Media in\ Abu Dhabi Hotel accommodation revenues in Abu Dhabi rose by 16.5% in December 2018 compared to the same month of 2017. The rise in revenues came despite a drop in the housing price index by 2.9% during the month of December last year, according to figures released …
Read More »RTA accomplishes 75 smart city, artificial intelligence projects
media IN DUBAI, 27th April, 2019 (WAM) The Roads and Transport Authority,RTA, announced the completion of 75 projects as part of the Smart City and Artificial Intelligence Programme. Projects completed relate to the smart organisation, infrastructure, smart vehicles, data management, artificial intelligence and smart and sustainable transport. RTA supports the …
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