ABU DHABI 18 April 2018: Monetary deposits at the UAE Central Bank stood at Dh55.8 billion in the first quarter of 2018 while withdrawals reached about Dh55 billion, according to the figures released by the […]
ABU DHABI 18 April 2018: Abu Dhabi has been rated AA- while Dubai’s sovereign rating have been raised to BBB+ by Fisch Asset Management subsidiary, I-CV. Abu Dhabi’s sovereign rating is resilient while Dubai upgrade is uninhibited […]
Dh351 billion in cheques handled in Q1 ABU DHABI 18 April 2018: A total of 7.168 million cheques worth Dh351.1 billion were handled by the UAE Clearing Cheque System during the first three months of […]
RAS AL KHAIMAH 17 April 2018: Union Cement Company, currently listed on the Abu Dhabi Securities Exchange (ADX), plans to de-list its shares from the stock exchange and convert itself into a Private Joint Stock […]
First 611 homes on sale at Cityscape Abu Dhabi ABU DHABI 17 April 2018: Aldar Properties will launch a new Dh10 billion master-planned community that will incorporate and greatly enhance one of its already established […]
DUBAI 16 April 2018: Dubai’s Department of Economic Development is implementing four initiatives to stimulate competitiveness and achieve sustainable economic development in Dubai. They are related to exempting businesses from fines and trade violations, reducing operating […]
ABU DHABI 23 April 2018: The UAE Central Bank has withdrawn Dh6 billion of excess liquidity in the market during March after it met the market needs for cash in January and February. The total […]
ABU DHABI 23 April, 2018: The one-year interest rates charged by the Emirates Inter-Bank Offered Rate, EIBOR, posted a significant rise of 3.21 percent after the UAECB started to enforce the new EIBOR system effective […]
DUBAI 16 April 2018: Property sales prices and rental rates in Dubai are to fall further this year, says a Chestertons report. Apartment and villa sales prices were down 5 per cent in Q1 2018, […]
Savings and investment tips for expats in UAE DUBAI 15 April 2018: Some of us are lucky enough to receive an annual bonus and a pay rise each year. It is very tempting to spend this […]