31-01-2019 Media in Beijing China’s Industrial PMI (PMI) for January registered 49.5 points, up slightly from 49.4 in December, according to the latest data from China’s National Bureau of Statistics. Zhao Qinghe, chief statistician of the National Bureau of Statistics (NBS), said in a statement that the slight increase ended …
Read More »12 million passengers through Sharjah Airport in 2018
Media In – Sharjah 31 -01-2019 / WAM The number of passengers traveling through Sharjah International Airport during the year 2018 increased by 6 per cent to 12.04 million passengers compared to 11.36 million passengers in 2017. In 2011, the regular and irregular flights recorded more than 81.26 thousand flights, …
Read More »Sharjah Islamic Bank registers AED 510 million net profit in 2018
Media In / Sharjah 30 -01-2019 / WAM Sharjah Islamic Bank recorded a net profit of AED 510.4 million in 2018 compared to AED 477.7 million for the previous year, an increase of 7%. These results reflect the success of the Bank’s strategy of achieving steady and stable growth in …
Read More »UAE powerful banking group ADCB, UNB and Al Hilal Bank
Media IN, ABU DHABI, 29th January, 2019 (WAM) The UAE banking sector is set to have a powerful new banking group following the decision of Abu Dhabi Commercial Bank (ADCB) and Union National Bank (UNB) to merge and together to acquire Al Hilal Bank. The transaction, which has been recommended …
Read More »Raising customs duties on imports of reinforcing steel and iron rolls to 10%
Media In – Abu Dhabi – 29 January 2019 Customs authorities in the UAE began early January to implement the decision of the Council of Ministers to increase the customs duty on imports of reinforcing steel and iron rolls from 5% to 10% in order to provide trade protection for …
Read More »The second Saudi-UAE Economic Forum will kick off tomorrow in Riyadh
Media In – 29 January 2019 The second Saudi-UAE Economic Forum will be held tomorrow morning in Riyadh, Saudi Arabia, under the chairmanship of HE Eng. Sultan bin Saeed Al Mansouri, Minister of Economy of the United Arab Emirates, and Dr Majid Bin Abdullah Al Qasabi, Minister of Trade and …
Read More »Statement of the UAE Central Bank and the Saudi Monetary Agency on the common currency
Media In Abu Dhabi – 29 January 2019 / The United Arab Emirates Central Bank and the Saudi Arabian Monetary Agency (SAMA) issued a joint statement to clarify the details of the first phase of the joint digital currency between the UAE and Saudi Arabia. SAMA and the Central Bank …
Read More »Abu Dhabi Media Zone cancels registration and licensing fees for new companies
Media In – Rasha Al – Sharqawi January 28, Twofour54 has announced the cancellation of registration and licensing fees for new companies and independent employees for the first two years of registration as part of its efforts to support the development of creative industries in Abu Dhabi. The reduction of …
Read More »“Dubai International” holds the world’s largest airports with passenger numbers
Media In Dubai – 28 January 2019 / WAM / Dubai International Airport has retained its list of the world’s largest airports with the number of international passengers for the fifth year in a row with the number of passengers using the airport to 89.1 million passengers in 2018. Dubai …
Read More »Entrepreneurship and Careers Forum “will kick off February 4
Media In – Abu Dhabi – January 28, 2019 Under the patronage of Her Highness Sheikha Fatima Bint Mubarak, President of the General Women’s Union, Supreme President of the Family Development Foundation, President of the Supreme Council for Motherhood and Childhood, Honorary President of Abu Dhabi Businesswomen Council, Abu Dhabi …
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