Media In – Dubai 6 June 2018 / WAM / Dr. Mohammed Al Zarooni, Vice President and CEO of Dubai Silicon Oasis Authority, inaugurated the French Business Center, launched by the French Business Council in Dubai and the northern regions of Silicon Oasis, to attract more French companies to work …
Read More »Mohammed bin Zayed is to adopt AED 50 billion to support Abu Dhabi’s economic and development drive over the next three years
Media In – Abu Dhabi June 6, Under the directives of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Executive …
Read More »DP World Launches Green Warehouse Initiative to Enable Sustainable Trade
MEDIA IN, Dubai, June 5, 2018 (WAM) Dubai Ports World Group (Jebel Ali Free Zone) has launched the Green Warehouses initiative, the first of its kind in the UAE, to help companies reduce their carbon footprint. The initiative builds on DP World’s long-term sustainable growth in line with Goal 9 …
Read More »Sharjah Chamber and Expo sign memorandum of understanding with International Association of Exhibitions
Media In – Sharjah 5 June 2018 / WAM / Sharjah Chamber of Commerce and Industry (SCCI) and Sharjah Expo Center today signed a memorandum of understanding with the International Association of Exhibitions and Events aimed at enhancing cooperation between the two sides to implement a number of CEM-accredited training …
Read More »Value added of non-profit institutions amounted to AED 773.7 million
Media In – Abu Dhabi June 5, 2018 The value added of the non-profit sector serving households amounted to AED 773.7 million in 2017 compared to AED 303.2 million in 2016, and the total production value reached 637.6 million dirhams in 2017 compared to 710.6 million dirhams in 2016. The …
Read More »AED 55.5 billion surplus of non-resident deposits on their loans
MEDIA, Abu Dhabi, June 4, 2018 (WAM) The latest statistics from the UAE Central Bank showed that the value of deposits of non-residents within the country from banks’ customers exceeded 55.5 billion dirhams at the end of April. Interest rates have increased during the past year and have continued to …
Read More »1285 with the Khalifa Fund for Enterprise Development in 2017
Media in Abu Dhabi 3 June 2018 / WAM / Khalifa Fund for Enterprise Development increased to 1,285 in 2017, while in the first quarter of this year, the Fund raised more than 470 transactions. Mr. Abdullah Saeed Al Darmaki, CEO of Khalifa Fund for Enterprise Development, said: “The Khalifa …
Read More »AED 4.35 billion profits of real estate companies in 3 months
Media in Abu Dhabi 3 June 2018 / WAM / The combined earnings of 13 companies operating in the real estate sector and listed in the financial markets jumped to AED 4.35 billion in the first quarter of 2018 with a growth of 29.4% compared to AED 3.36 billion in …
Read More »The Dubai Mercantile Exchange (DME) sets a new record of 69,183 open options
MEDIA IN, Dubai, June 2, 2018 (WAM) The Dubai Mercantile Exchange (DME) today announced a new record of open volume / Open Interest / Oman Futures contract of 69,183 contracts on 31 May 2018. The new figure, which is equivalent to about 69.2 million barrels of crude oil, exceeds the …
Read More »Emirates launches daily non-stop service between Dubai and Newark
MEDIA IN, Dubai, June 2, 2018 (WAM) Emirates has launched a new daily service between Dubai and Newark, boosting its daily flights to the airport via the Greek capital of Athens. Emirates operates the Boeing B777-300ER to serve the new flight by dividing the three grades 8 private suites in …
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