UAE

Media IN 24-06-2018 Abu Dhabi Islamic Bank (ADIB) won seven new awards in the top two banks and finance deals at the Emia Finance Awards ceremony held in London. Abu Dhabi Islamic Bank (ADIB) won the awards of Best Islamic Finance Bank and Islamic Financier for its successful completion of …

Media In – Vienna 23 June 2018 / WAM / Minister of Energy and Industry Suhail bin Mohammed Faraj Faris al-Mazroui, chairman of the current session of the Organization of Petroleum Exporting Countries (OPEC), said that the change in oil prices does not serve producers and consumers alike. He pointed …

Media In – Abu Dhabi 22 June 2018 / WAM The value of the financial savings of federal government agencies as a result of the application of smart and electronic services amounted to 1.3 billion dirhams over the past three years, according to statistics issued by the Telecommunications Regulatory Authority …

Media in Abu Dhabi 21 June 2018 / WAM / Emirates Aluminum International (ENEC) today signed a five-year agreement to supply aluminum products to Europe’s Alodium. Rolled aluminum products are used in the manufacture of many products including sheets, slabs and chips that are used in many fields including automotive …

Media In – Vienna 20 June 2018 / WAM / “The global oil and gas sector is on the verge of a new historical phase with an increase in the demand for its products driven by growth in all major economies,” said Dr. Sultan bin Ahmed Al Jaber, Minister of …

Media In – Dubai 20 June 2018 WAM   Danube Real Estate Company has launched its first project at Dubai World, “Lunz” at a cost of 500 million dirhams, which consists of 1064 units including studios, one-bedroom and two-bedroom apartments. “This project is the largest project we have so far,” …

Media In Dubai 20 June 2018, Emcredit, the Dubai-based developer of enterprise and credit solutions, has signed a strategic cooperation agreement with Digital Force Pro, the first of its kind in the region. The agreement aims to introduce the latest generation of advanced financial technology to digital payment point-based payment …

MEDIA IN – Abu Dhabi 20 June 2018 WAM The number of local funds registered with the Securities and Commodities Authority reached 22 in 2017 with net assets of AED 1.3 billion. These funds, which are owned by local banks or financial institutions, are invested in local equity markets along …

MEDIA IN – Abu Dhabi 20 June 2018 WAM Mubadala’s Mubadala Mubadala Development Company (Mubadala) completed the acquisition of 10 per cent of Eni’s stake in Egypt’s offshore Shorouk gas concession, which includes the Dhahr natural gas field. Dr. Bakheet Al-Kathiri, CEO of Mubadala Petroleum, said: “The 10% stake in …

Media In – Abu Dhabi, June 20, 2018 and WAM The Council of Ministers adopted a decision to cancel the one-day permit fees for the passage of heavy vehicles in the country in order to reduce the costs incurred in the budgets of development projects in the State and to …