Media In Abu Dhabi, 5 December 2018, The value of non-oil foreign trade through the ports of Abu Dhabi reached 122.2 billion dirhams during the first nine months of 2018 with a growth of 5.2% compared to 116.1 billion dirhams in the same period of 2017. The increase in the …
Read More »Abu Dhabi Chamber is committed to supporting the trade and investment partnership with Lebanon
Media In – Abu Dhabi – December 5, 2018 The Abu Dhabi Chamber organized the UAE-Lebanese Forum, which comes within the framework of strengthening the partnership and developing the commercial relationship with Lebanon, based on the firm conviction that the forum will achieve joint economic cooperation and create new investment …
Read More »AED 1.077 billion balance of the Central Bank of gold during October
Media In Abu Dhabi, 5 December 2018, The Central Bank of the UAE’s gold bullion stood at 1.077 billion dirhams in October 2018, an increase of 2.2% compared to 1.053 billion dirhams in September of the same year. The rise in the Central Bank’s gold balance coincided with the sharp …
Read More »An agreement between ADNOC Logistics and Services and INPEX to cooperate in supplying ships with liquefied natural gas (LNG) fuel
Media In Abu Dhabi, 5 December 2018, ADNOC Logistics and Services Company (INPEX) today signed a framework agreement to discuss ways of joint cooperation in the supply of liquefied natural gas (LNG) ships in the UAE. Under the agreement, ADNOC Logistics and Services, the wholly-owned subsidiary of Abu Dhabi National …
Read More »Export Credit Union” and “Natixis” reinforce the UAE’s non-oil economic diversification strategy
Media In Dubai, 5 December 2018, The Union of Export Credit, the federal government’s national export credit agency, has signed a memorandum of understanding with French bank Natixis, the second largest banking group in France, to enhance the ability of UAE exporters to compete internationally and help companies expand their …
Read More »Etisalat and HC Hutchison complete merger of their mobile companies in Sri Lanka
Media In Abu Dhabi 4 December 2018 Emirates Telecommunications Group has announced that it has completed and the “HC Hutchison” group merged their mobile phone company in Sri Lanka. The group said in a statement posted on the Abu Dhabi Securities Exchange (ADX) that Etisalat Telecom and Hutchison Telecom Lanka …
Read More »ADNOC hosts first session of the Forum of Directors of Business Ethics and Compliance
Media In Abu Dhabi, 4 December 2018, The Abu Dhabi National Oil Company (ADNOC) hosted at its headquarters the first session of the Business Ethics and Compliance Managers Forum, with the participation of a number of compliance managers and general consultants from leading companies in the UAE, as well as …
Read More »3 banks that allow the payment of Abu Dhabi traffic violations
Media In Abu Dhabi 4 December 2018 / Abu Dhabi Police, with banks Abu Dhabi I, Abu Dhabi Commercial Bank and Abu Dhabi Islamic Bank, have agreed to pay for the traffic violations of vehicles and drivers using their credit cards. The service enables the payment of irregularities through Abu …
Read More »Abu Dhabi banks’ net income rose to AED 23.7 billion in 9 months
Media In Abu Dhabi, 4 December 2018, The net income of commercial and Islamic banks operating in the Emirate of Abu Dhabi rose to AED 23.7 billion during the first nine months of this year, an increase of 3.2% compared to AED 23 billion in the same period of 2017, …
Read More »AED 129.4 billion of foreign workers’ remittances abroad within 9 months
Media In Abu Dhabi 4 December 2018 / The value of foreign remittances in the UAE rose to 129.4 billion dirhams in the first nine months of this year, a growth of 7% compared to 121 billion dirhams in the same period of 2017. According to the Central Bank of …
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