22-04-2019 Media in\ Dubai Emirates and Indian carrier SpiceJet have signed a Memorandum of Understanding (MoU) on a common code agreement that will add new destinations for travelers between India and various cities in Europe, Africa, the Middle East and the Americas. The agreement will allow Emirates passengers to continue …
Read More »ABU DHABI- ADNOC to Export thousands of tons of Calcine coke to China
22-04-2019 Media in\ Abu Dhabi Abu Dhabi National Oil Company (ADNOC) announced the loading and unloading of the first 10,500 tons of calcined coke from the United Arab Emirates to China on board. The Liho leased from ADNOC Logistics and Services to be unloaded in the Chinese city of Yantai …
Read More »Dubai Emerging Projects provides a comprehensive learning platform on selecting the right business partner
22-04-2019 Media in\ Dubai Dubai Innovative Enterprises, an innovative initiative of Dubai Chamber of Commerce and Industry (DCCI) to support entrepreneurship, today organized an integrated event of training, orientation and business meetings for participants in its “Founding Partner” program to provide a comprehensive learning platform for selecting the right business …
Read More »Honoring winners of fashion and beauty awards “Azian”
22-04-2019 Media in\ Sharjah The exhibition and forum of “Azian” specialized in beauty, fashion and health yesterday concluded its first edition held under the patronage of His Highness the Ruler of Sharjah Her Highness Sheikha Jawahar bint Mohammed Al Qasimi, President of the Supreme Council for Family Affairs and organized …
Read More »Dubai: 18 percent growth in marine licenses in 2018
22-04-2019 Media in\ Dubai Dubai Maritime City Authority said that the maritime licensing movement within the local territorial waters has achieved remarkable growth. The licenses of maritime vehicles license increased by 18 percent during 2018 compared to 2017, while the number of maritime licenses of all types increased by 13 …
Read More »Abu Dhabi Islamic Bank reports AED 600 million profit in first quarter 2019
22-04-2019 Media in\ Abu Dhabi Abu Dhabi Islamic Bank (ADIB) posted a net profit growth of 1.7% in the first quarter of 2011 to AED 600.3 million, while its revenues increased by 5.3% to AED 1,436 billion, due to growth of customer finance assets by 2.8% to AED 78.1 million …
Read More »DUBAI -DME Start public Consultations On the Addition of Murban crude oil
22-04-2019 Media in\ Dubai Dubai Mercantile Exchange (DME), today announced the start of public consultations to add Abu dhabi Murban crude oil as an alternative delivery crude into its flagship DME Oman crude oil Futures contract, after receiving preliminary regulatory approval. With an estimated production capacity of 1.7 million barrels …
Read More »Dubai: GDP growth forecast for the emirate to rise by 2.1% in 2019
22-04-2019 Media in\ Dubai Dubai Economic Outlook predicted that the emirate’s real GDP growth in the short to medium term would reach 2.1%, 3.8% and 2.8% in 2019, 2020 and 2021 respectively. The initiatives and investments led by the Government of Dubai and the growth prospects of the trading partners …
Read More »Bank transfers in the UAE amount to AED 2.58 trillion over three months
Media in\ Abu Dhabi 22-04-2019 The total value of remittances between banks operating in the UAE through the UAE Exchange System (UAFTS) reached AED 2.58 trillion during the first quarter of 2019, an increase of 7.5% compared to 2.4 trillion dirhams in the same period of 2018. The value of …
Read More »The value of cheques traded during the first quarter of 2019 amounted to 307.32 bn Dirhams
22-04-2019 Media in\ Abu Dhabi The number of cheques processed through the Emirates cheque Clearing System reached 6.641 million during the first quarter of 2019, amounting to about 307.32 billion dirhams. According to statistics released today by the Central Bank of UAE, the value of cheques carried out during the …
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