MEDIA IN \ Agencies 05-05-2018 The Japanese capital Tokyo on Monday will host a large delegation of 40 people representing 16 government and semi-government entities and a number of private sector companies led by the Abu Dhabi Investment Office (ADIH), the Abu Dhabi Economic Development Department (ADB), in its 2018 …
Read More »The President of the State orders a basic month’s salary for all government employees, pensioners and social security beneficiaries to celebrate Zayed Centennial
Media IN 05-05-2018 HH Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, has ordered the payment of a basic month’s salary to all employees of the federal government and its retirees, civil and military, and all beneficiaries of social security services, in celebration of the centennial Zayed which …
Read More »Central Bank of UAE raises interest rates on deposit
Media IN 03/04/2018 The central bank announced today that it will raise the interest rates applicable to its certificates of deposit, pointing out that the move was in line with the rise in interest rates on the US dollar following the Federal Reserve’s decision to raise the federal funds rate …
Read More »Dubai Customs: AED 39.9 billion Dubai trade in automotive spare parts during 2017
MEDIA IN, Dubai, May 2, 2018 (WAM) Dubai’s trade in car parts and accessories in 2017 was AED 39.9 billion, up 3 percent from AED 2016.38 billion, the Dubai Customs said today. The total imports of tires, batteries and components of engines and systems to Dubai last year reached 22.35 …
Read More »ADNOC Logistics and Services operates the Ruwais Container Terminal
Media In – Abu Dhabi 2 May 2018 / WAM / Abu Dhabi National Oil Company (ADNOC) has signed a contract with Abu Dhabi Polypropylene Plastics Company (ADNOC), the leading provider of innovative and high-value plastic solutions – the first operation of the Ruwais Container Terminal. The five-year contract was …
Read More »Nakheel’s net profit for the first quarter of 2018 is AED 1.55 billion
MEDIA IN, Dubai, May 2, 2018 (WAM) Nakheel has announced a net profit of AED 1.55 billion in the first quarter of 2018, registering a 5 per cent growth on first-quarter net profit in 2017. Nakheel handed over some 200 real estate / land units and residential units to customers …
Read More »Abu Dhabi Investment Bank Signs Cooperation Agreement with Japanese Banking Company
Media In – Abu Dhabi 2 May 2018 / WAM / Abu Dhabi Investment Authority (ADIO) signed an agreement with Sumitu Mitsua Banking (SMBC), which has two billion dollars worth of transactions in the Emirate of Abu Dhabi to promote joint cooperation in a number of areas related to promoting …
Read More »Abu Dhabi’s GDP jumps to AED 832.5 billion in 2017
Media In – Abu Dhabi 2 May 2018 / WAM / Abu Dhabi’s gross domestic product jumped at current prices to AED 832.5 billion in 2017, an increase of 9.5 per cent compared to AED 760.4 billion in 2016, reflecting the continued growth of the emirate’s economy and the national …
Read More »The functions of artificial intelligence multiply five times
Media In – Dubai May 1, 2018 WAM The proportion of jobs requiring artificial intelligence skills has increased nearly fivefold globally since 2013 and as the role of human resources in the digital age continues to evolve, technologies such as artificial intelligence and automated learning have gained greater importance, according …
Read More »Al Taweelah Aluminum Extrusion Company (TALEX) is opening $ 240 million
Media In Abu Dhabi May 1, 2018 Sheikh Sultan bin Tahnoon Al Nahyan, Executive Council Member of Abu Dhabi, today opened Taweelah Aluminum Extrusion Company (TALEX), the region’s newest aluminum extrusion plant and the first aluminum extrusion project in the industrial city of Kizad in Abu Dhabi to become a …
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