Hotel establishment revenues up 36.8 percent in February

ABU DHABI, The hotel establishment revenues across the Emirate of Abu Dhabi increased 36.8 percent in February 2019 against the same comparable month in 2018, according to the Statistics Centre- Abu Dhabi (SCAD).

The growth is coupled with a rise …

ADX achieves 95.3% in disclosure compliance of Q1 financial statements 2019

ABU DHABI, Abu Dhabi Securities Exchange, ADX, announced that it has succeeded in achieving a compliance rate of 95.3% regarding the disclosure of the 1st quarter financial statements 2019 of its listed public joint stock companies, domestic and foreign, within …

Dubai Islamic Economy Development Centre expands European reach

DUBAI, A roundtable in Malta has provided Dubai Islamic Economy Development Centre, DIEDC, an opportunity to expanding the footprint of Islamic economy in Europe, as well as exchanging knowledge and expertise in the Islamic finance field, and enhancing bilateral relations.…

‘GOLDEN CARD’: PERMANENT RESIDENCY SYSTEM FOR UAE’S EXPATS LAUNCHES

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has launched the ‘Golden Card’ scheme to grant permanent residency benefits to investors, entrepreneurs, specialised talents, researchers, and outstanding students. The Golden Card offers …

UAE monetary base up to AED386 b in April

ABU DHABI, The UAE monetary base increased to circa AED386 billion by the end of April, 3.5 percent up from AED373 bn one month earlier.

The growth is driven by an improvement across all the components of monetary base, including …

UAE, Mali fostering mutual ties

ABU DHABI, Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, today received Boubou Cisse, Prime Minister of Mali, who is currently visiting the country.

During the meeting, Al Bowardi welcomed the Malian Prime Minister and discussed UAE-Mali …