Category Archives: Buying & Selling

UAE gross bank assets up to AED3.095 trillion in February

ABU DHABI, The UAE gross bank assets, including bankers’ acceptances, rallied 0.5 percent from AED3.0803 trillion in January 2020 to AED3.0953 trillion by the end of the following month, figures by the UAE Central Bank have shown.

Gross credit in …

Construction Cost Index in Abu Dhabi rose 0.5% in 4Q 2019

ABU DHABI, The Construction Cost Index, CCI, increased by 0.5 percent in the fourth quarter of 2019 compared with the fourth quarter of 2018, revealed Statistics Centre – Abu Dhabi, SCAD, in a report for 4Q 2019.

The index increased …

Abu Dhabi scores 7.72 points in happiness index

ABU DHABI, The emirate of Abu Dhabi has scored 7.72 points in the happiness index according to recent statistics, the Department of Community Development, DCD, has announced.

The global average score is 6.5 points, which indicates that Abu Dhabi has …

Abu Dhabi’s Industrial Production Index up in 4Q 2019: SCAD

ABU DHABI, The Industrial Production Index, IPI, in the Emirate of Abu Dhabi increased by 22.6 percent from 100.1 percent in the fourth quarter of 2018 to 122.7 percent in the fourth quarter of 2019, according to figures released by …

OPEC daily basket price stands at $30.36 a barrel Tuesday

VIENNA, The price of OPEC basket of thirteen crudes stood at US$30.36 a barrel on Tuesday, compared with US$30.63 the previous day, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes is made up of the following: Saharan …