ABU DHABI, Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has announced the signing of a financing agreement with Capital Bank of Jordan, whereby a credit line of approximately AED73.4 million (US$20…
Day: June 14, 2022
OPEC daily basket price stands at $120.66 a barrel Monday
VIENNA, The price of OPEC basket of thirteen crudes stood at US$120.66 a barrel on Monday, 13th June, compared with US$123.19 the previous Friday, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes is made up of the followin…
ADX’s London roadshow showcases strength of Abu Dhabi capital markets
ABU DHABI, The Abu Dhabi Securities Exchange (ADX) has completed a London investor roadshow, hosting a delegation of over 25 senior executives from nine listed companies and the exchange.Throughout the two-day event, the ADX delegation hosted 204 inves…
DFM successfully concludes its international investor roadshow 2022 in London
DUBAI, The Dubai Financial Market (DFM) International Investor Roadshow 2022 in London has successfully attracted numerous leading global investment institutions. The event conveyed a strong message on the profound confidence of international investors…
Global Alliance for Special Economic Zones Conference launched at AICE 2022
KINGSTON, Jamaica, The World Free Zones Organisation (World FZO) announced the Global Alliance for Special Economic Zones Conference (GASEZ) at its eighth Annual International Conference (AICE), that is taking place in Montego Bay, St. James, Jamaica t…
UAE supports multilateral trade to help WTO deliver positive, meaningful change
GENEVA, The UAE delegation has concluded its participation in the 12th Ministers Conference (MC12) of the World Trade Organisation in Geneva, Switzerland, the four-day gathering of trade and economy ministers from around the world – and its first in-pe…
Coursera Global Skills Report 2022 ranks UAE first globally in business skills
ABU DHABI, The UAE has enhanced its ranking to be first globally in overall business skills proficiency, according to Coursera’s latest Global Skills Report. In last year’s report, the country ranked second in the world and led the Middle East and Nort…
Emirates Gas, Gas Integrated Solutions partner to enhance end-user LPG Services and safety standards
DUBAI, Emirates Gas, a subsidiary of ENOC Group, announced a partnership with Gas Integrated Solutions (GIS), a subsidiary of Aquacool Metering, a part of Emirates District Cooling (EMICOOL) LLC, wholly owned by Dubai Investments, to enhance safety and…
UAE-Germany non-oil trade hit AED478 bn in 10 years
ABU DHABI, The UAE-Germany non-oil trade exchange exceeded AED478 billion during the period from 2012 through 2021, weighing more than 14 million tonnes, data from the Federal Competitiveness and Statistics Centre (FCSC) revealed.The imports accounted …
Industry Development Council discusses strategic initiatives, recommends launching unified platform for industrial data
ABU DHABI, Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology (MoIAT) and Chairman of the Industry Development Council, chaired the second meeting of the Industry Development Council, which works on creating a conducive and att…
MoFAIC receives credentials copy from new Ambassador of Paraguay
ABU DHABI, Abdulla Mohamed Alblooki, Acting Assistant Under-Secretary for Protocol Affairs at the UAE Ministry of Foreign Affairs and International Cooperation, received a copy of the credentials of Jose Aguero Avila, Ambassador of the Republic of Para…
Pakistani Minister of Foreign Affairs receives UAE Ambassador in Islamabad
ISLAMABAD, Bilawal Bhutto Zardari, Minister of Foreign Affairs of Pakistan, met with Hamad Obaid Ibrahim Salem Al Zaabi, UAE Ambassador to Pakistan, at the headquarters of the ministry in the Pakistani capital, Islamabad.During the meeting, the two sid…