MEDIA IN, Abu Dhabi, July 3, 2018 (WAM) Abu Dhabi Farmers Service Center (ADWC) has announced the production plan for the 2018-2019 agricultural season, which starts mid-August and runs through June next year. The Center identified the items included in the plan with about 68 varieties of fresh vegetables. Crops …
Read More »633 million dirhams value of the contract of the Petroleum Construction Company for the development of the field of Bouhasir
MEDIA IN, Abu Dhabi, July 3, 2018 (WAM) Abu Dhabi National Oil Company (ADNOC) has signed a new contract with the National Petroleum Construction Company, a subsidiary of Industries Abu Dhabi, to develop the Bou Hasir field to increase its production from 8,000 to 16,000 barrels per day at a …
Read More »National bank assets jump to AED2.375 trillion
MEDIA IN, Abu Dhabi, July 3, 2018 (WAM) Total assets of national banks jumped to about AED 2.375 trillion, up 1.8 percent and worth about 42 billion dirhams in the first five months of this year, according to the latest data released by the Central Bank of UAE today. National …
Read More »ADNOC’s oil production capacity is estimated at 3.3 million barrels per day
MEDIA IN, Abu Dhabi, July 3, 2018 (WAM) Abu Dhabi National Oil Company (ADNOC) today confirmed that it currently has an oil capacity of about 3.3 million barrels per day (bpd), adding that it will continue its march to increase production capacity to 3.5 million bpd by the end of …
Read More »Dnata raises stake in Italian land handling company to 70 per cent
MEDIA IN, Dubai, July 2, 2018 (WAM) Dnata, the global air services provider, has been using an option to buy an additional 40% of Airport Handling SPA, raising its stake in this Italian ground handling company to 70%. Dnata now has a majority representation in the board of directors of …
Read More »Dubai Economic City adds 26 business activities to the list of licensed business activities
MEDIA IN, Dubai, July 2, 2018 (WAM) The Commercial Registration and Licensing Sector of the Department of Economic Development (DED) added 26 new business activities to a number of vital sectors during the first half of 2018 following the sector’s periodic review of the needs of the local market and …
Read More »“Federal Tax” develops electronic services to facilitate the work of shipping companies and customs clearance
Media In – Dubai 2 July 2018 The Federal Tax Authority has revealed the details of the updates and development processes it has introduced on its electronic services in order to provide more facilities and simplify the procedures of registration and filing of tax returns in general regarding the activities …
Read More »Ajman achieved a significant increase in the business confidence index
Media In – Ajman 2 July 2018 / WAM / The Department of Economic Development in the Emirate of Ajman achieved a remarkable rise in the business confidence index of the emirate, which reached 116 points in the first half of 2018 compared to 109 points in the first half …
Read More »592 billion dirhams worth of checks traded in the UAE within 5 months
Media in Abu Dhabi, July 2, 2018 (WAM) The number of checks processed through the Emirates Check Clearing System was 12.060 million during the first five months of 2018, amounting to about 592 billion dirhams, according to statistics released today by the Central Bank of UAE on checks activity in …
Read More »Dubai Economic City signs agreement with AXS for licensing services and registration of TECOM free zone companies
MEDIA IN, Dubai, July 1, 2018 (WAM) The Commercial Registration and Licensing Sector (DED) of the Department of Economic Development (DED) signed a cooperation agreement with Axs, the operational management of TECOM Group, a subsidiary of Dubai Holding, to license and register all TECOM’s free zone operating companies with more …
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