Media in\ Dubai 17-04-2019 Commercial Bank of Dubai recorded a net profit of AED 340 million for the first quarter of 2019, a 21.6 percent increase due to a 17.6 percent rise in operating income and a 3.7 percent drop in operating expenses. While provisions for impairment losses were increased …
Read More »Mullah: Gas discoveries in the eastern Mediterranean will not be limited to Egypt
17-04-2019 Media in\ Cairo Egypt’s Minister of Petroleum and Mineral Resources Tariq Al-Mulla said that the Mediterranean region represents a great importance for the world order politically, economically and geographically. “The importance of the region will increase over the coming years in the light of abundant gas resources due to …
Read More »With the celebration of Expo 2020 Dubai, the Eye of Dubai is being completed with a height of over 250 meters
17-04-2019 Media in\ Dubai, Maras Group today announced that the world will witness the highest entertainment wheel ever built, with a height of more than 250 meters, namely “Eye of Dubai”, which will be completed to celebrate the “Expo 2020 Dubai” exceeding 250 meters – higher than 200% The world …
Read More »UAE Minister of Economy and Secretary-General of the World Tourism Organization (WTO) discuss strengthening cooperation
17-04-2019 Media in\ Dubai HE Sultan bin Saeed Al Mansouri, Minister of Economy, discussed the importance of the vital role played by the tourism sector as one of the main engines for enhancing economic diversification and meeting the requirements of sustainable development with the Secretary General of the World Tourism …
Read More »“Hamdan Bin Mohammed Smart University” signed a memorandum of understanding with “Delos”
Media In 16-04-2019 Hamdan University has signed a Memorandum of Understanding (MoU) with Delos, the world’s leading healthcare company, to become the official partner of the University to launch the region’s first free economic and creative zones in line with Dubai’s ” To strengthen Dubai’s position as a regional center …
Read More »Hazaa Bin Zayed inaugurates “Cityscape Abu Dhabi 2019”
Media In 16-04 -2019 Under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, HH Sheikh Hazza bin Zayed Al Nahyan, Vice-President of the Executive Council of Abu Dhabi, inaugurated the 13th edition of …
Read More »Abu Dhabi’s real estate market is the most attractive investment
Media In 16-04-2019/ Wam Real estate developers have confirmed that Abu Dhabi’s comprehensive economic and development incentives package as part of the “Tomorrow 21” development accelerator program has positively impacted the emirate’s real estate market and has contributed to enhancing the investment appeal of this vital sector. “The Abu Dhabi …
Read More »Saif Al Hajri: AED 6 billion contribution of the construction sector to the foreign investment balance in Abu Dhabi
Media In 16-04-2019 HE Saif Mohammed Al Hajri, Head of the Department of Economic Development, said that the real estate sector in Abu Dhabi has witnessed rapid growth in recent years as a result of its success in attracting large investments in government and private development and construction projects. It …
Read More »With a growth of 14.4% to AED 931 billion in Abu Dhabi GDP in 2018
16-04-2019 media in \Abu Dhabi The GDP of the Emirate of Abu Dhabi for the year 2018 at current prices is AED 931 billion compared to AED 814 billion in 2017 at a growth rate of 14.4%. The growth is due to the increase in the GDP of the Emirate …
Read More »Italian-Italian Chamber of Commerce and the Federation of Export Credit sign a memorandum of understanding
Media in Dubai 16-04-2019 The Union of Export Credit has signed a memorandum of understanding with the Italian-Arab Joint Chamber of Commerce, based in Italy, to promote the Arab-Italian economic and trade relations by focusing on the Halal industry and providing access to Islamic credit and financial solutions provided by …
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