All News From UAE
DUBAI, Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the World Logistics Passport, a major Dubai initiative to boost South-South trade, was launched at Davos in the presen…
Read moreABU DHABI, The UAE Central Bank announced that money supply aggregates for currency circulation outside banks and monetary deposits, M1, increased by 0.5 percent, from AED512.1 billion at the end of November 2019 to AED514.8 billion at the end of Decem…
Read moreDUBAI, SHUAA Capital today announced that along with other parties, it had successfully priced and issued GFH Financial Group’s five-year sukuk at $300 million. The sale of the sukuk, held 21st January, was more than twice oversubscribed, with orders o…
Read moreABU DHABI, The Abu Dhabi Investment Office, ADIO, today announced AED60 million of investment in the latest batch of startups and fund managers applying to its Ventures Fund.The recipients, Securrency, TruKKer, Sarwa, YACOB and Okadoc, are innovation-f…
Read moreVIENNA, The price of OPEC basket of fourteen crudes stood at US$65.26 a barrel on Tuesday, compared with $66.11 the previous day, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend …
Read moreVIENNA, The price of OPEC basket of fourteen crudes stood at US$66.11 a barrel on Monday, 20 January 2020, compared with $65.58 the previous Friday, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes is made up of the follow…
Read moreDUBAI, Dubai’s tourism industry closed a successful decade at the end of 2019, welcoming 16.73 million international overnight visitors, an all-time high, and an impressive 5.1 percent increase in tourism volumes, surpassing the global tourism growth f…
Read moreDUBAI, Dubai’s tourism industry closed a successful decade at the end of 2019, welcoming 16.73 million international overnight visitors, an all-time high, and an impressive 5.1 percent increase in tourism volumes, surpassing the global tourism growth f…
Read moreABU DHABI, The value of credit facilities provided by banks in Abu Dhabi and Dubai to the business and industrial sectors during the first 11 months of 2019 amounted to AED8.5 billion, or 60.3 percent of the total credit facilities provided to these se…
Read moreDUBAI, Following directives from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council…
Read moreDUBAI, Following directives from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council…
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