MediaIn – Singapore February 9, 2018 and WAM Trade between the UAE and the Republic of Singapore was more than AED 18.3 billion in 2016, while direct investments from Singapore to the UAE by the end of 2015 were estimated at AED 8.8 billion, with UAE investments worth AED 10 …
Read More »Profit growth rate of 15 national banks during 2017
Media In – Abu Dhabi 8 February 2018 WAM Consolidated profits of 15 banks listed on Abu Dhabi and Dubai Financial Markets rose to AED 38 billion in 2017, an increase of 8.6% compared to AED 35 billion in the same period of 2016. An analysis of data disclosed by …
Read More »AED 4 billion in real estate transactions in Dubai within a week
Real estate transactions in the Land and Property Department in Dubai have generated more than AED 4 billion, most notably mortgages worth AED 2.3 billion through 278 transactions. Where the department witnessed 779 sales of AED 1.7 billion, of which 68 million were land titles valued at AED 700 million …
Read More »Ajman Chamber participates in the Saudi International Exhibition in Riyadh
Media In – Riyadh 8 February 2018 WAM Ajman Chamber of Commerce & Industry participated in the Saudi International Fair for Commercial Excellence in Riyadh, headed by a delegation of brand owners, in the framework of the Chamber’s keenness to enhance its foreign participation and provide the opportunity for entrepreneurs …
Read More »The second edition of “Abu Dhabi Week in India” begins in Mumbai
Media In – Mumbai 8 February 2018 WAM The second edition of the Abu Dhabi Week, launched by the Department of Economic Development (Abu Dhabi), was launched on Monday in the Indian capital of New Delhi and ends tomorrow in Mumbai. Abu Dhabi Water and Electricity Authority (ADWEA) has asked …
Read More »UAE week in India brings oil investment
Media In / Mumbai / February 7. The National Petroleum Construction Company announced today in Mumbai that it has received a contract worth 1.2 billion dirhams with the oil and natural gas company Limited in India for the field, “Rattan” This came during the week of Abu Dhabi in India. …
Read More »AED 8 billion gains in UAE financial markets
Media In – Abu Dhabi 7 February 2018 WAM The market capitalization of traded companies succeeded in achieving a profit of more than AED 8 billion at the end of trading. The UAE capital markets returned to profitability amid an improvement in the trading appetite after falling prices to attractive …
Read More »“Your tax return in 4 steps” .. A comprehensive awareness campaign for the business sectors
Media In – Abu Dhabi February 7, The Federal Tax Authority has launched a comprehensive awareness campaign under the slogan “Your Tax Decision in 4 Steps” aimed at the business sectors registered within the VAT system to introduce the electronic system launched in early February to start receiving business sector …
Read More »ADNOC strengthens Al Ruwais refinery with $ 3.1 billion investment
Media In – Abu Dhabi 7 February 2018 WAM Abu Dhabi National Oil Company (ADNOC) plans to invest US $ 3.1 billion in a project to boost the refinement of crude oil refining at its Ruwais refinery. The announcement of the project “Enhancing the Flexibility of Crude Oil Refining” is …
Read More »Giving priority to citizens of the category of stakeholders at the price difference of bids “5 per cent” by the Municipality of Dubai
Media In – Dubai 7 February 2018 WAM Dubai Municipality has offered a range of privileges to companies owned by UAE nationals in the category of owners of owners’ owners of the “Owners of Hammam” card issued by the Ministry of Community Development or Sanad Card issued by the Community …
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