Economic Indicators

For the first time in the Middle East. – The meeting is the largest of its kind in the world to discuss ways to preserve intellectual property rights and protect trademarks. The event attracts more than 8,000 government officials, lawyers, brand owners and academics. – Dr. Abdul Quddous Al-Obaidly: “Dubai’s …

Abu Dhabi, May 16: The balance sheet of the UAE Central Bank exceeded 560 billion dirhams at the end of last January, to record the highest level in its history, according to the latest statistics of the Central Bank. And the Central Bank stated, in the balance sheet report for …

The subscription to the “ADNOC Logistics and Services” offering attracted strong orders within the first hours, exceeding the supply several times, which indicates the continued strong demand for listings in the UAE. On the basis of the offering price between 1.99 dirhams and 2.01 dirhams per share, the return on …

UAE Central Bank data revealed an increase in total bank deposits by 0.4%, from 2.233 trillion dirhams at the end of January 2023 to 2.242 trillion dirhams at the end of February 2023. The increase in total bank deposits is attributed to the increase in resident deposits by 0.2%, and …

ABU DHABI, May 15 / Today, the Abu Dhabi Ports Group announced its financial and operating results for the first quarter of 2023, maintaining the momentum of its strong performance during 2022. The group achieved revenue growth of 73% compared to the same period last year, to reach 1.81 billion …

Riyadh, May 15 / His Excellency Abdullah bin Touq Al-Marri, Minister of Economy, headed the country’s delegation participating in the meeting of the regular session of the Arab Economic and Social Council, which was held today, at the ministerial level in Riyadh, which is the preparatory meeting for the 32nd …

Dubai, May 15 / The Dubai International Financial Center, the international financial center, continues to attract many prestigious international companies, as companies such as “Apple”, “Aramco”, “Baker McKenzie”, “JLL” and “Stryker” along with Several other companies have established a regional presence out of the Dubai International Financial Centre. These additions …

Today, Sunday, the Financial Regulatory Authority announces the details of the first fund to invest in minerals in Egypt. This came after the Financial Supervisory Authority issued several regulatory decisions that included controls for dealing with investment funds in minerals as one of the transferred financial values, and controls for …

The volume of non-oil trade between the UAE and the Gulf States exceeded 281 billion dirhams during 2022, with a growth of 14% compared to 2021, and by 23% compared to 2019. Abdullah bin Touq Al-Marri, Minister of Economy, met Jassim Muhammad Al-Budaiwi, Secretary-General of the Cooperation Council for the …

The Gulf Navigation Holding Group achieved a net profit of 13.5 million dirhams in the first quarter of 2023, compared to its profits of 1.8 million dirhams for the same period last year 2022. Operating revenues increased by 11% by the end of the first three months of 2023, amounting …