Recent Posts

NPCC revenues surge 7% to hit AED5.3bn

ABU DHABI / WAM The National Petroleum Construction Company (NPCC), a subsidiary of Senaat Abu Dhabi, announced that its revenue increased by 7%, from AED4.9 billion to AED5.3 billion. Speaking on the occasion, Dr Mohamed Rashed Al Hameli, NPCC Chairman, said, “NPCC’s excellent project management has led to 27% increase in operating profit, from AED700 million to AED891 million. These ...

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DGCX records 20% year-on-year growth

Dgcx copy

DUBAI / WAM Building on its existing portfolio of metals products, the Dubai Gold and Commodities Exchange (DGCX), recorded a 20.4 percent year-on-year growth in March, trading over 1.84 million contracts with a notional value of more than $36.6 billion. Average daily volumes throughout the same month also increased, registering 87,995 contracts. The DGCX successfully launched two new contracts, Aluminium ...

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Sharjah to boost trade ties with S Africa, Belarus

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI), represented by Abdallah Sultan Al Owais, Chairman of the SCCI, held discussions with Mogobo David Magabe, South Africa’s Consul-General in the UAE, and Igor Bondarev, Consul-General of the Republic of Belarus in the UAE, on enhancing joint cooperation, and exploring trade and investment partnerships. Al Owais examined with Bondarev ...

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