Media IN\ WAM November 4, 2018 Sharjah Chamber of Commerce and Industry (SCCI) discussed with a delegation from the Sharjah Center for Entrepreneurship / Shara’a to enhance cooperation and co-ordination in supporting and developing entrepreneurial initiatives and empowering young people looking to establish and launch their own economic projects. The …
Read More »Abu Dhabi Chamber Launches Small and Medium Enterprises Award
Media IN WAM November 4, 2018 Abu Dhabi Chamber of Commerce and Industry (ADCCI) today announced the award of a new initiative to SMEs in order to contribute to the economic vision of the Emirate of Abu Dhabi and to achieve its vision as an institution that promotes the role …
Read More »Dubai Customs is committed to protecting intellectual property rights
Media In / WAM – Dubai 2 \ 11 \ 2018 Dubai Customs has continued its efforts to develop cooperation with the Trademark Owners’ Council to protect intellectual property rights while preserving the environment in support of the Emirates Green Development Strategy initiative through the implementation of the new procedures …
Read More »The dirham is up 1.2% to 4.2% against the top four currencies in a month
media IN- Agencies. Abu Dhabi 1 \ 11 \ 2018 The value of the dirham against the most important four global currencies rose by 1.2% to 4.2% in one month, according to the analysis of the exchange rate of the local currency against international currencies based on the list of …
Read More »Net profit of AED 724 million
Media In – Agencies. Dubai 1 \ 11 \ 2018 Dubai Multi-Investment Investment Company (DIC) reported a net profit of AED 724 million for the nine months ended 30 September 2018 compared to AED 830 million for the same period last year. Total assets increased to AED 19.44 billion and …
Read More »A new Chinese tanker using Dubai World Central Airport
MediaIn – Agencies – Dubai. 1 \ 11 \ 2018 Dubai World Central, the 22nd largest airline in the world, has received an inaugural flight from Kunming to Dubai. The airline will operate three flights a week between Dubai World Central Airport and Kunming City in Yunnan Province. Dubai World …
Read More »$ 1.2 billion in Egypt to expand the “Midor” refinery for oil
Media In / WAM / 31 \ 10 \ 2018 CAIRO: The Middle East Oil Refining Company (MEEDOR) of Egypt’s General Petroleum Corporation (EGPC) has signed a final agreement with a group of banks for a $ 1.2 billion loan to finance the Midor refinery expansion project to boost oil …
Read More »AED 570 million worth of property transactions in Dubai today
MediaIn + WAM / 31 \ 10 \ 2018 The Dubai Land and Property Department has recorded more than AED 570 million in real estate transactions today, with a total of 203 sales of AED 335 million, of which AED 461 million is for land and AED 157 million for …
Read More »Obaid Al-Zaabi: The Central Bank Law dealt with overlapping powers with “securities
MediaIn + Agencies \ Abu Dhabi. 29 \ 10 \ 2018 Dr. Obaid Saif Al Zaabi, Chief Executive Officer of the Securities and Commodities Authority said that the issuance of the Federal Law of 2018 on the Central Bank and the regulation of financial facilities and activities worked to address …
Read More »The transfer of 17.5 billion dirhams from the general reserve to increase the capital of the Central Bank
MediaIn + Agencies. 29 \ 10 \ 2018 The new central bank law stipulates that 17.5 billion dirhams will be transferred from the general reserve account to increase the bank’s capital to 20 billion dirhams, according to the amendments to the law issued yesterday, which many experts describe as a …
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