“MEDIA, Ajman, July 25, 2018 (WAM) The Joint Committee between the Department of Economic Development in Ajman and the Ministry of Economy organized an inspection campaign to monitor the prices at the outlets in both Ajman City Center and the fish market in the Emirate as part of the continuous …
Read More »DP World signs a contract to develop and operate a new logistics center in Mali
MEDIA IN, Dubai, July 25, 2018 (WAM) DP World has signed a 20-year concession that can be automatically renewed for another 20 years to develop and operate an advanced logistics center outside the capital, Bamako, in the Republic of Mali. The center will be a multimedia logistics platform with land …
Read More »43.7 million passengers through Dubai International Airport in the first half of this year
MEDIA IN, Dubai, July 25, 2018 (WAM) The number of passengers traveling through Dubai International Airport reached a record peak in the first half of 2018 to reach 43.7 million passengers as a result of the double increase in traffic in June. According to the report issued by the Dubai …
Read More »“Telecommunications Regulation”: 1200 business activities covered by the initiative “Start your business in 15 minutes”
MEDIA, Abu Dhabi, July 25, 2018 (WAM) The TRA announced that the number of commercial activities included in the first phase of the 15-minute initiative launched in cooperation with the economic departments of Ras Al-Khaimah, Sharjah, Ajman and Fujairah includes 1,200 businesses, confirming that the initiative aimed at obtaining all …
Read More »Net profit for the first half of 2018 was AED 4.3 billion
MEDIA, Abu Dhabi, July 24, 2018 (WAM) Etisalat Group today announced its consolidated financial results for the first half ended June 30, 2018. Its net profit after the federal franchise was AED 4.3 billion with an annual growth of 6 per cent. The total number of subscribers in the first …
Read More »The launch of the Center for Excellence in the Block Qin in Masdar City, Abu Dhabi
Media In – Abu Dhabi – 24 July 2018 The Department of Economic Development (Abu Dhabi) signed a cooperation agreement with the UAE-based integrated technology services company Algorithma to promote joint ventures between the two countries to implement projects related to digital transformation initiatives and strategies. The agreement aims at …
Read More »The monetary base of the banking system jumps to 354 billion dirhams
MEDIA IN, Abu Dhabi, July 24, 2018 (WAM) The monetary base of the banking system continued its growth for the second month in a row to 354 billion dirhams in June, up 1.1 percent from 350 billion dirhams in May, according to statistics released today by the Central Bank of …
Read More »Dubai Economic and Emirates Islamic Bank sign agreement to support e-merchant
MEDIA IN, Dubai, July 23, 2018 (WAM) The Department of Economic Development (DED) has signed a cooperation agreement with Emirates Islamic Bank to provide support to the “e-merchant” license holders. Under the agreement, the bank offers its distinguished banking services to the owners of electronic merchant licenses, which facilitate their …
Read More »ADNOC Distribution Opens 5 New Jian Express Stores
MEDIA, Abu Dhabi, July 23, 2018 (WAM) ADNOC Distribution, the country’s leading fuel and retail retailer, has announced the opening of its first 5 stores in the UAE. The opening of the five stores at the distribution stations is part of an agreement signed last March with Orban Foods, which …
Read More »16 is a catalyst for attracting foreign direct investment in the UAE
MEDIA, Abu Dhabi, July 23, 2018 (WAM) The United Arab Emirates has provided 16 incentives that contributed to the continuous growth of foreign direct investment in recent years, according to the digital monitoring of the index of FDI inflows by the end of 2017. In addition, the UAE’s foreign direct …
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