UAE-based banks aggregate capital, reserves reach US$131bn by end of November 2023
ABU DHABI, UAE- The aggregate capital and reserves of banks operating in the UAE increased 13.3 percent, reaching US$131 billion...Business Banking & Finance Economy
Orient, Mashreq sign partnership
They will launch Orient Educare, a savings and insurance plan.Orient Educare is designed to provide Mashreq customers with a low-risk savings plan that offers investment growth and insurance.
The new product is designed for individuals and families looking to prepare for education fees or retirement.
SEDD discusses cooperation with Matajer
SHARJAH, UAE - Sharjah Economic Development Department (SEDD) received a delegation from Matajer - one of the most important commercial...SEDD contributes to planning and leading the economic development of the emirate.
The department contributes to strengthen the partnership between government and private sector.
Qatar receives more than 600,000 visitors in December
Doha, Qatar-- Qatar has received more than 614,000 visitors during the month of December 2022, a monthly increase of 3.7...The highest number of visitors were from the Gulf Cooperation Council at 40 percent
The total deposits and credit facilities of commercial banks rose at a monthly rate of 4.3 percent and 2.7 percent
Passion for football catapults housebound Jordanian to stardom
Abu Nawas grew up spending much of his time watching football matches, analysing the teams and playing football video games.Abu Nawas's videos usually feature him wearing a football jersey, excitedly commenting on matches and news from the world of football
He lamented that in Jordan "nobody cares" about people with diseases like his, and said he wished he had had the opportunity to attend school
Jordanians look to replace gas-guzzling cars with electric versions
Amman, Jordan--Jordanians are increasingly adopting electric cars in a push towards abandoning the fuel-guzzling cars that have become so hard...Head of the Jordan Free Zones Investors Association, Mohammad Bastanji, said that the local market is witnessing a growing demand for electric vehicles
President of the National Society for Consumer Protection Mohammad Obeidat stressed the importance of "keeping up with the times" and owning an eco-friendly electric car
Iraq is a key trade partner of Jordan, says Kingdom’s Commerce Chamber head
AMMAN, JORDAN - Chairman of the Jordan Chamber of Commerce (JCC), Khalil Haj Tawfiq said Iraq is an "important" trade...Jordanian-Iraqi economic relations have witnessed development due to the joint trade agreements and projects signed between the two countries.
There is a need to increase joint trade exchange and overcome obstacles to entry of the two countries' products and commodities in both the countries markets.
UAE participates in G20’s sustainable finance working group meeting for 2023
ABU DHABI, UAE - The UAE recently participated in the first Sustainable Finance Working Group (SFWG) meeting within the G20...The meeting, held at Guwahati, India, sought to discuss and agree on the group’s main points for 2023 in line with the priorities of the Indian Presidency.
G20 members, invited countries, sustainable finance working group country members, international organization like IMF also attended the meeting.
DEWA begins receiving research papers for MENA Solar Conference
Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has started receiving requests from researchers and scientists to submit their research papers...Saeed Mohammed Al Tayer, MD and CEO of DEWA, said that the conference is the first scientific and technical conference of its kind in the region
He said the conference will be held in conjunction with the Water, Energy, Technology, and Environment Exhibition (WETEX) and the Dubai Solar Show (DSS) 2023
Dubai Marathon to be held on February 12 at Expo City
Dubai, UAE-- The 2023 edition of Dubai Marathon will be held at Expo City Dubai on 12th February, 2023, according...The committee organizing the event said the city was chosen as the venue of the marathon because it represents Dubai’s vision of serving as a bridge between cultures
It will bring together elite athletes from around the world after a break of two years due to the pandemic
ADNOC inks $4.63 billion in contracts with 23 firms.
Pipes and fittings, valves, bends and cladded pipes, industrial pumps, batteries, pipes and fittings, and many more goods will be...Pipes and fittings, valves, bends and cladded pipes, industrial pumps, batteries, pipes and fittings will be manufactured locally
Proclad, Tri Star Middle East, and Petro Globe Oil & Gas Equipment are among the firms that have obtained contracts
