Media In – Dubai 15 February 2018 WAM Emirates NBD’s preliminary financial results for the fiscal year ended December 31, 2017 showed a net profit of AED 56.52 million, up 66.8% compared to AED 33.89 million in 2016. Operating income of the bank stood at AED 172.15 million, an increase …
Read More »Gulf Navigation Holding’s profits increase by 2017
MediaIn – Dubai 14 February 2018 WAM Gulf Navigation Holding (GULFNAV) recorded a net profit of AED 49 million, according to its preliminary financial results for 2017; an increase of 7% over the year 2016. Khamis Juma Buamim, the Managing Director and Chief Executive Officer of Gulf Navigation Group, said: …
Read More »Egypt Issues $ 4 Billion in International Bonds
MediaIn – Cairo Agencies February 14, The Egyptian Ministry of Finance announced the issuance of international bonds worth 4 billion dollars on three segments (5-10 – 30) years at good return prices in the light of orders exceeded $ 12 billion during the first hours of the announcement of the …
Read More »Lausanne Tourism: United Arab Emirates and Saudi Arabia are among the most important tourist markets
MediaIn – Abu Dhabi February 14, Lausanne Tourism Authority participated in the promotional tour which included a number of GCC countries this week to promote the Swiss tourism product and introduce the Swiss city of Lausanne. Walter Lozer, Director of GCC Markets at Lausanne Tourism Authority, said the tour aims …
Read More »Businesswomen own 58% of e-commerce licenses launched by Dubai’s economy
MediaIn – Dubai, February 14, 2018 Dubai Export Development Corporation (DEDC), a Dubai Economic Corporation (DED), in cooperation with the International Trade Center (ITC), launched the Women in International Trade (MENA) program to coordinate and motivate efforts to create a stimulating environment for women’s entrepreneurship in the region. The Women …
Read More »Abu Dhabi is a promising market for economic activities
Media In – Abu Dhabi Abu Dhabi offers many promising opportunities to launch a successful business in one of the fastest growing, safest and most stable markets in the world. The procedures are transparent and flexible, and transactions are easy and fast to obtain a license for economic activity through …
Read More »Certificates of Deposit worth 135 Billion AED with the Central Bank of the UAE in 2017
MediaIn Abu Dhabi, February 13, 2018 and WAM The Central Bank of UAE (CBE) recorded a record high of AED 135.1 billion at the end of last December, following the withdrawal of excess liquidity of AED 26.9 billion in 2017. The withdrawal of excess liquidity in banks by the Central …
Read More »Trade and Investment Promotion Network calls for Upgrading Trade among Arab Countries
MediaIn – Dubai February 13, 2018 The Dubai Export Development Corporation (DEDC), in cooperation with the International Trade Center (ITC), hosted the regional meeting of the Arab Trade and Investment Network organized by the International Trade Center (ITC) in cooperation with the Arab Trade Initiative for the period from 13 …
Read More »4.7% is the Growth Rate of Cash Dividends Proposed for the Banking Sector for 2017
MediaIn – Abu Dhabi 12 February 2018 WAM The proposed dividend for the banking sector for the year 2017 was AED 17.8 billion, an increase of 4.7% compared to AED 17 billion, which was the dividend distributed to the shareholders for the year 2016. The continued increase in the value …
Read More »110 models of Aircrafts at the Abu Dhabi Air Show on the 26th of February
MediaIn – Abu Dhabi February 12, 2018 The Abu Dhabi 2018 Aviation Fair will take place from 26 to 28 February 2018 at Al Bateen Private Airport, the first dedicated business aviation airport in the Middle East and North Africa, under the patronage of His Highness Sheikh Hazza Bin Zayed …
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