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Deposits rose to AED 155.8 billion during June 2019

29-07-2019 Abu Dhabi The Central Bank of UAE (CBE) has raised its certificates of deposit to a record level in the first half of 2019 after reaching 155.8 billion dirhams at the end of June, according to the bank’s statistics, which show its return to withdraw excess liquidity at banks. …

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Issuing the Sharjah Economic Directory of Sharjah Economic

Sharjah 29-07-2019 / WAM The Department of Economic Development in Sharjah completed the Sharjah Industrial Directory project, which complemented and implemented its strategic plan to contribute to the planning and leadership of the overall economic development in the Emirate and the development of the services provided to clients and strategic …

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OPEC daily basket price announced for Tuesday

Media IN VIENNA, 24th July, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$63.92 a barrel on Tuesday, compared with US$64.27 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, includes a mix of blends and light and heavy …

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US firms to resume Huawei sales sooner

15th-07-2019 The US administration may grant licenses for companies to re-start new sales to Huawei in as little as two to four weeks.  Huawei was included last May into a Commerce Department list banning US firms from selling new US-made goods and services to the Chinese tech behemoth, unless they …

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The LSE index closes lower

London 08-05-2019 The London Stock Exchange (FTSE 100) ended the day lower. The index of the top 100 companies on the London Stock Exchange (LSE) shed 0.05 percent, or 3.87 points, to 7,549.27.

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