Media In – Dubai February 27, 2018 WAM Emirates International Aluminum Company announced today that its net income for the year 2017 was AED 3.3 billion ($ 900 million), an increase of 59 per cent compared to 2016. The company’s revenues rose to 20.5 billion dirhams ($ 5.6 billion) in …
Read More »Abu Dhabi trade of iron, steel and copper in 2017
Media In – Abu Dhabi, February 27, 2018 The value of trade in the Emirate of Abu Dhabi from the iron, steel and copper industries to AED 22 billion in 2017 grew by about 4% compared to AED 21.16 billion in 2016. Abu Dhabi’s trade accounted for 13.7% of the …
Read More »The Ninth World Financial Markets Forum discusses major global economic issues
Media In – Abu Dhabi, February 27, 2018 The 9th International Capital Markets Forum, organized by the First Abu Dhabi Bank in cooperation with the Central Bank and the Abu Dhabi Council for Economic Development, was launched at the Emirates Palace today under the patronage of His Highness Sheikh Mohammed …
Read More »Development of the Southern runway of Dubai Airport in April, 2018
MediaIn – Dubai 26 February 2018 WAM Dubai Airports has announced plans to close the 45-day runway of Dubai International Airport from 16 April to 30 May 2019 for a comprehensive upgrade designed to raise safety, service and capacity. Dubai International Airport operates throughout the day and handles more than …
Read More »UAE stocks float more than half a billion dirhams
MediaIn – Abu Dhabi, February 26, 2018 The value of liquidity has doubled and has risen above half a billion dirhams, according to daily monitoring during the second session of the week in the UAE capital markets. The Abu Dhabi Securities Market index rose to 4,593 points, up 0.25%, to …
Read More »Dubai Land Organizes First Arab Conference on Land and Real Estate Management
Media In – Dubai – February 26, 2018 The first session of the First Arab Land and Land Management Conference, organized by the Department of Land and Property, was held in Dubai from 26 to 28 February. The conference will be organized under the theme “Towards sustainable urban development” and …
Read More »Ajman Launches “Authorized Agent for Economic Registration and Licensing”
MediaIn – Ajman 26 February 2018 WAM The Ajman Department of Economic Development (DED) launched the “Authorized Agent for Economic Licenses Project” inaugurated by His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman. Ali Issa Al Nuaimi, Director General of the Department of Economic Development in Ajman, …
Read More »Abu Dhabi Aviation Participates with two helicopters in the World Financial Markets Forum
MediaIn – Abu Dhabi 26 February Abu Dhabi Aviation, the largest aircraft operator in the Middle East, is taking part in the World Financial Markets Forum, organized by the First Abu Dhabi Bank in its ninth edition under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown …
Read More »ADNOC enters into a franchise agreement with Inpex
Media In – Abu Dhabi, February 26, 2018 Abu Dhabi National Oil Company (ADNOC) signed an agreement with Japan’s INPEX Company, under which the latter acquired a 10% stake in the Lower Zakum offshore concession. According to the agreement, the Japanese oil development company Zacom Lower, “Godko Zakum inferior” owned …
Read More »“Sharjah’s Airport” Concludes its Participation in the “India Air Cargo Exhibition”
MediaN – Mumbai 25 February 2018 WAM Sharjah International Airport Authority concluded its participation in the “India Air Cargo Fair 2018” which was held for three days at the exhibition center in Mumbai, India, and witnessed a wide participation of the most important international airports, airlines and air freight, as …
Read More »