DUBAI 22 December 2018: Top Pakistani officials have welcomed today’s announcement by the United Arab Emirates that the Abu Dhabi Fund for Development, ADFD, will deposit US$3 billion, equivalent to AED 11 billion, in the State […]
DUBAI 22 December 2018: Equities are bleeding, gold has the blues and everybody is waiting for the Fed’s interest rate decision. The future doesn’t look too bright but for those seeking safety, the bond market has […]
ABU DHABI 21 December 2018: The UAE Central Bank on Thursday warned customers against ‘WhatsApp’ messages of fraudulent nature which claim to be sent from the bank and use its logo. The bank said that […]
DUBAI 20 December 2018: Nasdaq Dubai announced that it will launch trading in futures on the MSCI United Arab Emirates (UAE) equity index on January 15th, 2019. This opens a new route for investors to gain […]
Medical insurance most important to expats DUBAI 20 December 2018: Healthcare costs rose by 10.7 per cent more than the general level of inflation in 2016, and by 9.9% in 2017. The Willis Towers Watson […]
ABU DHABI 6 January 2019: Labour compensation in the UAE rose to Dh60 billion during the first nine months of 2018, a growth of 9.5 per cent from Dh54.8bn during the corresponding period of 2017, […]
DUBAI 8 January 2019: A new chapter in the development of the Dubai International Financial Centre (DIFC) began yesterday with the launch of DIFC 2.0. The Centre’s phased growth plan will triple the scale of the […]
Abu Dhabi GDP grows 14% to Dh692.8bn in nine months ABU DHABI 10 January 2019: Abu Dhabi’s nominal Gross Domestic Product amounted to Dh692.8 billion in the first nine months of 2018, 14 per cent […]
ABU DHABI 27 December 2018: The UAE Dirham has appreciated against the currencies of both top 10 non-dollarised import and non-oil export partners by 3.08 per cent and 3.97 per cent respectively during the first […]
ABU DHABI 19 December 2018: Borouge has begun construction of its fifth polypropylene unit within the Borouge 3 plant in Ruwais, which will grow Borouge’s polypropylene capacity by more than 25 per cent to 2.24 […]