Media In – Abu Dhabi 20 May 2018 / WAM / Emirates International Aluminum Company has achieved a new milestone by exceeding 30 million tons of cast metal. The company’s aluminum product is essential for modern life through its construction, automotive, electronics and other daily necessities. In 2017, the company …
Read More »Emirates Steel launches a series of CSR initiatives
Media In – Abu Dhabi 20 May Emirates Steel Company in Abu Dhabi, owned by SENAAT, launched its social responsibility initiatives during the holy month of Ramadan as part of efforts to enhance the company’s national status in community development programs and its keenness to establish relationships with employees and …
Read More »Ras Al Khaimah Economic Council issues new decisions to develop business environment
Media In – Ras Al Khaimah 20 May Ras Al Khaimah Economic City (RAKIA) has issued a number of new regulatory decisions that include a variety of incentives designed to develop the business environment in line with the real needs and aspirations of the emirate’s business community to increase the …
Read More »AED 7.9 billion net income of Abu Dhabi banks in 3 months
Media In – Abu Dhabi 20 May 2018 / WAM / The net income of commercial and Islamic banks operating in the Emirate of Abu Dhabi reached AED 7.9 billion during the first quarter of 2018, an increase of 2.8% compared to AED 7.68 billion in the same quarter of …
Read More »Abu Dhabi Municipality invites real estate developers to register their projects in accordance with the Real Estate Regulatory Law
Media In – Abu Dhabi 19 May 2018 / WAM / Abu Dhabi Municipality has invited real estate development companies to accelerate the registration of their projects in accordance with the Real Estate Regulatory Law No. 3 of 2015. This came during the regular meeting with the trustees held by …
Read More »“Federal Taxation” sets 3 criteria for the recovery of “added value” for the construction of new housing for citizens
Media In – Abu Dhabi 19 May 2018 / WAM / The Federal Tax Authority has set standards and procedures for the recovery of value added tax on the construction of new housing for citizens. There were three basic conditions for claiming a tax refund: the applicant was a national …
Read More »AED 472 million worth of property transactions in Dubai today
MediaIN \17 \ 05 \ 2018 The Department of Land and Property in Dubai said it has achieved more than AED 472 million in real estate transactions. Today, the department has recorded 211 pledges of AED 309 million, of which 23 plots of land are valued at AED 87 million …
Read More »Siemens and Siemens sign MoU to develop energy sector
Media In – Abu Dhabi 16 May 2018 WAM / The Abu Dhabi Department of Energy signed a Memorandum of Understanding (MoU) with Siemens International to develop the traditional and renewable energy sector and develop concepts related to the optimal energy mix for the Emirate of Abu Dhabi by integrating …
Read More »Emirates NBD joins ‘Capital and Credit Risk Management’
Media In Dubai, May 16, 2018 (WAM) Emirates NBD today announced that it has joined the growing community of members of the CCRManager platform, the innovative financial technology platform that supports the creation of transactions and the distribution of commercial assets. The move is in line with Emirates NBD’s digital …
Read More »100% commitment rate of listed companies in Dubai Financial Center to disclose their financial statements
Media In Dubai, May 16, 2018 (WAM) Dubai Financial Market (DFM) today announced that listed companies have recorded a 100% compliance rate in terms of disclosing financial results for the first quarter of 2018 within the legal time limit of 45 days from the end of the period. The number …
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