Media IN – Abu Dhabi 20 June 2018 / WAM / Five countries contributed 46.6% of the total imports of Abu Dhabi during the first three months of this year. Japan came first with AED 3.1 billion, followed by Saudi Arabia, USA, India and China. The total value of the …
Read More »“Central Bank” sets a ceiling on loan fees and services for individuals
Media iN – Abu Dhabi 19 June 2018 / WAM / The Central Bank of UAE (CBE) has announced that it has amended “Annex 2” to “Banking Loan and Customer Services / 2011”. This amendment sets new limits on fees or commissions on individual customer services. On consumer-related banking services, …
Read More »Khalifa Fund signs MoU with Majid Al Futtaim Hypermarkets
Media In – Abu Dhabi 19 June 2018 / The Khalifa Fund for Enterprise Development has signed a Memorandum of Understanding (MoU) with Majid Al Futtaim Hypermarkets to provide support to IFAD-supported suppliers providing fresh food, groceries, light appliances, clothing and electrical appliances to the Carrefour chain. The MoU comes …
Read More »“Economy” and “Expo 2020” discuss the economic benefits of Expo on the national economy
“MEDIA IN, Dubai, June 19, 2018 (WAM) The Ministry of Economy discussed with Expo 2020 Dubai ways to enhance joint cooperation to maximize the economic benefits of Expo 2020 on the national economy. The meeting focused on the importance of developing mechanisms to connect entrepreneurs and small and medium enterprises …
Read More »Fitch Ratings praises Abu Dhabi’s recent stimulus measures
Media IN Abu Dhabi 19 \ 06 \ 2018 Fitch Ratings said that Abu Dhabi’s recent 50 billion dirham economic stimulus measures will not affect its credit rating under Abu Dhabi’s financial and economic power and balance global oil prices for the emirate’s budget and revenues. The agency pointed out …
Read More »“Federal Tax” receives the declarations of the period ending last May
Media In – Abu Dhabi June 18, The Federal Tax Authority started this month to receive tax returns from the works registered within the value added tax system, which ended its first tax term by the end of May, in addition to the work that ended its monthly period at …
Read More »Minister of Energy: We will discuss with our partners the production levels required at the meeting of “OPEC”
Media In – Abu Dhabi – June 18, 2018 Suhail bin Mohammed Faraj Faris Al Mazrouei, OPEC’s chairman, said that the oil market is getting closer and closer to rebalancing. “This will undoubtedly be a major topic for discussion at the next OPEC meeting on June 22 in Vienna, “The …
Read More »Dubai Municipality launches a new system for the implementation of industrial buildings
Media In – Dubai 18 June 2018 / WAM / The Department of Buildings in Dubai Municipality has initiated the design and implementation of industrial buildings so that the new system allows the contractor to design industrial buildings and supervise their implementation without the need to appoint a consultant office, …
Read More »Launch of 15 major power transmission plants in Dubai
Media In – Dubai 18 June 2018 / WAM / Dubai Electricity and Water Authority (DEWA) has inaugurated 15 major 13211 kV transformer plants in the areas of Al-Salal, Sayh Al-Shuaib, Expo 2020, Worsan Al-Ila, Sheikh Mohammed Bin Rashid Gardens, Palm Jumeirah, Watan Al Hammar, Gulf Business Park and Zabeel …
Read More »A private Syrian airline to operate flights to the UAE
Media IN 18 \ 06 \ 2018 Syrian private wing Al Sham has announced that it will begin flights to the UAE starting in early July, with its first destination being Sharjah, Dubai and Abu Dhabi. A source at the company said: “The operation of these flights came after a …
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