Recent Posts

e-Dirham adds AED5.8bn to government revenues

  ABU DHABI / WAM Government revenues from the e-Dirham system during the first nine months of this year stood at AED 5.8bn. The number of e-Dirham transactions rose by 20% year on year, to reach 15 million transactions during the first nine months of 2016 as compared to around 12.5 million transactions during the same period in 2015, according ...

Read More »

Fujairah steps up efforts to become hub for oil trading and storage

  Fujairah / WAM Fujairah, which hosts the Middle East’s largest commercial storage capacity for refined oil products, on Sunday appointed S and P Global Platts to distribute the Emirate’s weekly inventory data starting in early 2017 as part of its effort to position the Indian Ocean port-city as a global oil trading and storage hub. The Fujairah Oil Industry Zone ...

Read More »

Dubai Wholesale City signs MoU with China province to boost trade

  Dubai / Emirates Business Dubai Wholesale City, a global integrated wholesale trading hub and member of TECOM Group, signed a Memorandum of Understanding (MoU) with Ningxia province of the People’s Republic of China to enhance mutual collaboration and promote economic, trade and investment relations. Chief Executive Officer of Dubai Wholesale City, Abdulla Belhoul and Governor of the Ningxia province, ...

Read More »
Send this to a friend