MediaIN + Agencies. The follow-up committee for the prices of gasoline and diesel in Emirates Petroleum Company (Emarat), which will be implemented as of early November, includes VAT as follows: Diesel fuel: AED 2.87, Super / 98 / AED 2.57 and Private / 95 / AED 2.46.
Read More »Ruler of Ras Al Khaimah to visit Zanzibar and witness the signing of an agreement on oil and gas exploration
Media + Agencies. 29 \ 10 \ 2018 HH Sheikh Saud Bin Saqr Al Qassimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, met with His Excellency Dr. Ali Mohammed Shinn, President of Zanzibar Region in Tanzania. During his visit, Zanzibar was invited by His Excellency the …
Read More »Dubai Energy welcomes Bapco’s decision to use Oman’s futures contract to price crude oil
2018\10\28\Media In Agencies. The Dubai Mercantile Exchange (DME) has approved the decision of the Bahrain Petroleum Company (Bapco) to approve Oman’s futures contract in pricing its Asian crude oil exports. The Bahrain / Bapco / Oil Company has notified its customers to change the process of crude oil pricing mechanism …
Read More »Saudi Ports is offering its advanced services at C-Trade in Dubai
Media In + Agencies October 29, The General Authority of Ports (Ports) has participated as a gold sponsor in the 9th edition of the SeaTrade Middle East Maritime Exhibition 2018 from 29 to 31 October at the Dubai World Trade Center, the largest maritime exhibition to be held in the …
Read More »Emirates NBD continues the process of digital transformation
Media In / WAM + 28 October 2018 Emirates NBD, the region’s leading banking group, and HortonWorks, a leading provider of data networking solutions, have announced a strategic partnership agreement for the AED 1 billion digital transformation. The agreement is a critical step for Emirates NBD to move forward with …
Read More »The total profits of Agthia during the first nine months of this year amounted to 159 million
MediaIn + WAM October 28, Agthia Group reported a net profit of AED 159 million for the first nine months of 2018, a 9% increase over the same period last year. Agthia also reported net income of AED 1.49 billion, while gross profit margin reached a record 34.7% as a …
Read More »AED 2.65 billion in hotel revenues in Abu Dhabi in 6 months
MediaIn + WAM / October 28, 2018 The value of hotel income in Abu Dhabi reached AED 2.65 billion during the first half of 2018, boosted by an increase in the number of guests and overnight stays. The number of guests rose to 2.4 million guests and nights to 6.3 …
Read More »UAE leads the Islamic economy index for 2018-2019 in 5 sectors
Media In / WAM / Dubai October 28, 2018 The World Economic Report for 2018-2019 shows that the UAE is ranked first in 5 sectors: halal food, halal travel, conservative fashion, media and entertainment, pharmaceuticals and halal cosmetics, compared to 3 sectors in 2017-2018. Islamic Economy Index 2018 – 2019. …
Read More »Emirates Airbus A380 to operate in St. Petersburg
Media In / WAM October 26, 2018 Emirates began operating the Airbus A380 instead of the Boeing 777 four days a week between Dubai and St. Petersburg to meet growing demand for travel during the holiday season. More than 2,350 passengers are expected to travel from October 25 to 29, …
Read More »Economy” is looking for partnership opportunities with the Chinese business community
Media In + WAM October 26, 2018 His Excellency Abdullah bin Ahmed Al Saleh, Undersecretary of the Ministry of Economy for Foreign Trade, said that the trade and investment relations between the UAE and the People’s Republic of China are witnessing great growth and acceleration in light of the comprehensive …
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