UAE

Media In – Abu Dhabi 23 May 2018 / WAM / The total market value of the UAE capital markets reached AED 850 billion at the end of trading today representing 56.6% of the UAE GDP in 2017. An analysis of the market value of stocks listed on the UAE …

fundsMedia In – Abu Dhabi 23 May 2018 / WAM / Abu Dhabi Fund for Development (ADFD) financed 11 development projects with a total value of AED 1.4 billion, benefiting 9 developing countries. The Fund approved four loans worth more than 646 million dirhams, benefiting from Egypt, Antigua and Barbuda …

Media In – Abu Dhabi 22 May 2018 WAM Abu Dhabi National Oil Company (ADNOC) today announced that it has received significant interest from potential partners in new projects and initiatives as part of its refining and petrochemicals growth and expansion strategy announced recently at the Abu Dhabi Refinery and …

MEDIA IN, Abu Dhabi, May 22, 2018 (WAM)  The value of Abu Dhabi’s aluminum trade rose to about AED 1 billion in January and February in a move that reflects the continued growth of this type of industry, in which the UAE has a significant position in the world. Abu …

Media In – Ras Al Khaimah 22 May Ras Al Khaimah Economic City (RAK) recently launched its “Virtual Merchant” initiative, in line with the RAK Government’s drive to promote e-business in the Emirate. Dr. Abdulrahman Al-Shaikh Al-Naqbi, Director General of the Department, said that the launch of the Virtual Trader …

MEDIA IN – Abu Dhabi 21 May 2018 / WAM / Sultan bin Saeed Al Mansouri, Minister of Economy, said that the decisions of the Council of Ministers to raise the percentage of global investors’ ownership of companies to 100% and to launch an integrated system of state visas aimed …

MEDIA IN, Dubai, May 21, 2018 (WAM) Dubai Aerospace Enterprise (DAE) today signed an agreement to receive unsecured revolving financial facilities for a period of four years with an initial amount of US $ 480 million, with the possibility of increasing the amount to US $ 800 million at any …

MEDIA IN – Abu Dhabi 21 May 2018 / WAM / The actual expenditures of the federal authorities amounted to approximately 48.572 billion dirhams during the year 2017 with an implementation rate of 100%, according to the financial performance report for the implementation of the budget issued today by the …

MEDIA IN, Dubai, May 21, 2018 (WAM) NASDAQ Dubai is poised to launch futures contracts on leading Saudi listed companies that will give investors new hedging tools to take buying and selling positions for corporate stocks at a time when international investors are increasingly interested in the Saudi stock market. …

Media In – Abu Dhabi, May 20, 2018 The Council of Ministers chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today announced the launch of an integrated visa system to attract talent and talent in all …