Category: Sales

ABU DHABI, Etihad Rail, the developer and operator of the UAE National Rail Network, has announced the completion of 50 percent of the construction works of the marine rail bridge in the UAE, as part of Package B of Stage Two of the UAE National Rail Network. The marine rail bridge extends over one kilometre,… Continue reading Etihad Rail completes 50% of construction work of marine rail bridge in UAE

ABU DHABI, The Central Bank of the UAE (CBUAE) and the Central Bank of the Republic of Indonesia (Bank Indonesia) have signed a Memorandum of Understanding (MoU)to boost mutual co-operation. The bilateral MoU includes three main areas, covering digital innovation in payment and financial services to facilitate more efficient and secure transactions, cross-border payment systems… Continue reading CBUAE, Bank Indonesia to promote cooperation in payment systems, digital financial innovation

ABU DHABI, MICCO Logistics, a subsidiary of AD Ports Group, has acquired 31 tipper trucks as part of its effort to offer broader integrated logistics support to the UAE’s construction and metals manufacturing sectors. The trucks will join MICCO’s existing ground fleet of 400 plus vehicles that currently service several industry sectors, including the Pharmaceutical,… Continue reading AD Ports Group enters construction logistics, acquires 31 new tipper trucks

RAS AL KHAIMAH, The Ras Al Khaimah Finance Department has launched a Joint Strategic Charter in collaboration with its counterparts in the Emirates of Sharjah, Ajman, Umm Al Qaiwain and Fujairah, to promote effective partnership and collaboration across financial and accounting activities, ultimately enhancing financial performance and boosting competitiveness across the participating emirates. The launch… Continue reading RAK Finance Department launches Joint Strategic Charter with Sharjah, Ajman, Umm Al Qaiwain and Fujairah

The Amman-based Arab Businessmen Union (ABU) President, Hamdi Tabbaa, stressed Arab businesspeople’s keenness to make “unrelenting” efforts to achieve the union’s goals, serve the Arab business community, reach pan-Arab economic integration and stimula…

The Aqaba Special Economic Zone Authority (ASEZA) and the Aqaba Education Company signed an agreement to establish a comprehensive medical university and a private sector-owned teaching hospital, at an estimated cost of JD120 million, as Sayegh Group’s…

Health authorities in Ontario, the largest Canadian province, recorded 12 new deaths from COVID-19 on Wednesday, bringing the death toll to 9,804 since the beginning of the pandemic.Ontario also recorded 306 new infections, bringing the caseload in the…

OPEC+ has lowered its 2021 oil demand growth forecast and maintained its forecast for the next year.The global consumption rate of oil will reach 100.8 million barrels per day by next year 2022, OPEC+ said Wednesday in its monthly report.It said that t…

Newly-appointed Minister of Labor Nayef Istaiteh said Tuesday that national unemployment rates have seen unprecedented increases, and stressed the need for an all-encompassing effort to address this problem.In a meeting at the Amman Chamber of Commerce…

The International Monetary Fund (IMF) said Tuesday it expects a 2 percent growth rate in Jordan in 2021 and was more optimistic about 2022, upping the figure to 2.7.In its economic report titled “Recovery during the Pandemic,” published today, the IMF …