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Dubai / WAM The Dubai Chamber of Commerce and Industry on Wednesday hosted the UAE-Moldova Business Forum at its premises, which was attended by a high-level Moldovan delegation led by Chiril Gaburici, the country’s Minister of Economy and Infrastructure. The forum, organised in cooperation with Moldova Investment and Export Promotion Organisation, MIEPO, highlighted attractive trade and investment opportunities in Moldova, ...

Cairo / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, Chairman of the Board of Director of National Media Council (NMC), stated that the vision and directives of the UAE’s wise leadership emphasise moderation and tolerance while highlighting the importance of the role of the Arab media in raising awareness about all forms of hatred, extremism and ...

DUBAI / WAM Air Traffic Control is the cornerstone of the aviation sector and Dubai has implemented the most advanced procedure, keeping the safety of passengers and their timely travel as their ultimate priority and goal, Abdulla Al Hashmi, Executive Vice President for Operations at Dubai Air Navigation Services (dans). In his keynote address at the ATC Forum, a new ...

Dubai / WAM Nasdaq Dubai on Wednesday welcomed the listing of $500 million Sukuk by the Sharjah Islamic Bank (SIB). The listing supports the continuing expansion of SIB’s Sharia’a-compliant financial activities through its networks across the country including personal and corporate banking as well as investment banking and international services, on behalf of individual and institutional clients. Commenting on the ...

SEOUL / WAM Abu Dhabi Investment Forum was launched on Wednesday in Seoul, South Korea. The Forum is organised by Abu Dhabi Investment Office of the Department of Economic Development (DED) in Abu Dhabi in collaboration with the UAE Embassy in South Korea as part of the ADIO’s annual programme aimed at attracting FDI to the Emirate of Abu Dhabi. ...

Dubai / Emirates Business Bank of London and The Middle East (BLME), announced the opening of a branch in the Dubai International Financial Centre (DIFC). BLME is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Bank of London and The Middle East plc DIFC Branch is regulated by the Dubai ...

DUBAI / WAM Dubai Exports, the export promotion agency of the Department of Economic Development (DED) in Dubai, co-ordinated and led a multi-sector trade mission to Croatia to capitalise on the economic prospects in the country and its significance as an efficient gateway to the wider European Union (EU), as well as to Central and South Eastern Europe. The trade ...

Bloomberg Oil rose to a three-year high after the US told buyers of Iranian crude they have six months to curb their purchases or face tough penalties. While the full impact of President Donald Trump’s decision to withdraw from the nuclear deal is still unclear, the re-imposition of far-reaching sanctions is expected to start reducing shipments from the Middle East’s ...

Bloomberg Exxon Mobil Corp. agreed to sell a refinery and three fuel terminals in Italy to Algeria, as the OPEC member seeks to cut fuel imports by refining its own crude. Esso Italiana Srl, a unit of Exxon Mobil in Italy, signed an agreement for the sale of its Augusta refinery in Sicily to Algerian state energy producer Sonatrach, according ...

Bloomberg Royal Dutch Shell Plc’s plan to sell its $3.3 billion stake in Canadian Natural Resources Ltd. put a dent in the oil-sands producer’s shares, but there’s a silver lining. The impending sale removes a cloud that had loomed over Canadian Natural since Shell took the shares as part of a $7.25 billion deal last year and signalled it would ...