Jeddah / WAM Dr Muhammad Sulaiman Al Jasser, Chairman of the Islamic Development Bank (IsDB) group, has said that his group has provided $165.630.5 billion to finance development projects in various economic sectors, since its launch and up to June 30. In an interview with the Emirates News Agency (WAM), Dr Al Jasser said that food security is a ...
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DP World to help firms boost operating models
Dubai / WAM DP World has launched the Global Business Corporation (GBC), a new strategic arm focused on supporting large companies in achieving their growth ambitions. The initiative, which is set to further raise Dubai’s profile as a preferred global business destination, invites companies to enhance their international operating models with a base in the emirate. Driven by the ...
Read More »GIH to list three firms in ADX
ABU DHABI / WAM Abdulaziz Asaad Abdel Aziz Al Sanad, Chairman of the Gulf Investment House (GIH), said that the GIH, which is based in Kuwait, aims to list three affiliate companies in the Abu Dhabi Securities Exchange (ADX), as well as another company in the Saudi Stock Exchange (Tadawul). In a statement to the Emirates News Agency (WAM), ...
Read More »Safeen, Amaan Baghdad sign fuel oil transport, storage deal
Abu Dhabi / WAM AD Ports group’s Safeen group and Amaan Baghdad company signed an agreement to support a new project relating to fuel oil transport and storage from Khor Al Zubair and Umm Qasr oil terminals in Iraq. The project represents a significant extension of Safeen group’s portfolio of dedicated products and services in the oil and gas ...
Read More »DP World to support growth ambitions of large companies
Dubai / WAM DP World has launched the Global Business Corporation (GBC), a new strategic arm focused on supporting large companies in achieving their growth ambitions. The initiative, which is set to further raise Dubai’s profile as a preferred global business destination, invites companies to enhance their international operating models with a base in the emirate. Driven by the ...
Read More »UAE ministry launches Customer First Forum
Dubai / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has announced the launch of the Customer First Forum, which comprises virtual sessions scheduled on a weekly basis to respond to queries of the employers and employees in the private sector and UAE nationals seeking employment. The Customer First Forum aims to listen to the feedback of all parties ...
Read More »DMCC named Global Free Zone of the Year once again
Dubai / WAM DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has been named Global Free Zone of the Year 2022 by the Financial Times’ fDi Magazine for the eighth consecutive year. The award, among the most prestigious of accolades a free zone can earn, is decided by the ...
Read More »Tadweer produces 1mn tons of products recycled from waste
Abu Dhabi / WAM Abu Dhabi Waste Management Centre (Tadweer) announced that it has produced more than 1 million tonnes of products recycled from waste materials collected in the emirate of Abu Dhabi during the first half of 2022. This comes in line with Abu Dhabi’s strategy to promote sound waste management and recycling, and its aim to convert ...
Read More »Abu Dhabi upgrades parking payments to 5G smart system
ABU DHABI / WAM In a move that improves the quality of services provided to customers and enhances the efficiency of the public parking system, the Integrated Transport Centre (ITC) of the Department of Municipalities and Transport (DMT) in Abu Dhabi, has announced the commencement of upgrading of all parking payment machines to a 5G smart system. The system ...
Read More »Opec+ to consider output cut of over 1 million barrels per day
Bloomberg The Opec+ group of oil producers will consider cutting output by more than 1 million barrels a day when it meets in Vienna on Wednesday, according to delegates. A larger-than-expected reduction would reflect the scale of concern that the global economy is slowing fast in the face of rapidly tightening monetary policy. A stronger dollar has also weighed ...
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