Economic Indicators

Dubai, March 16 / DB World Limited (DP World) announced strong financial results for the year ending December 31, 2022, with total revenue growing by 58.9% on a reported basis, to reach AED 62.89 billion (17.127 million). American dollar). Adjusted EBITDA increased by 31% to AED 18.41 billion (US$ 5,014 …

Abu Dhabi, March 16, The Ministry of Finance announced today the results of the preliminary government finance statistics report for the fourth quarter of 2022, based on the standards of the Government Finance Statistics Manual issued by the International Monetary Fund, and in accordance with the open data policy followed …

Approval of a dividend of 1.285 billion dirhams (10.285 fils per share) for the second half of 2022. – The General Assembly approves amending the dividend policy for the year 2023, specifying dividends of no less than 2.57 billion dirhams (20.57 fils per share) for the year. – The company …

The volume of domestic tourism spending in Dubai increased during 2022 by 35.3%, to reach 13.6 billion dirhams ($3.7 billion), compared to 10 billion dirhams in 2021, according to the expectations of the World Travel and Tourism Council. The continuous increase in the volume of spending from domestic tourism reflects …

Tokyo, March 13: The ninth session of the Abu Dhabi-Japan Economic Council kicked off today in the Japanese capital, Tokyo, to discuss ways to enhance prospects for economic, trade and investment cooperation, and explore new economic opportunities of common interest. The work of the ninth session of the Council focuses …

-9.1 billion dirhams (equivalent to about $2.5 billion) of the total proceeds collected by the subscription. The market value of “ADNOC Gas” is approximately 182 billion dirhams at the time of acceptance of the listing based on the final offer price of 2.37 dirhams per share, making it the largest …

Ajman, on March 12, His Excellency Marwan Ahmed Al Ali, Director General of the Department of Finance in Ajman affirmed the Department’s commitment to intensify its efforts to develop government financial work in the Emirate of Ajman by strengthening the capabilities of financial employees and refining their financial skills in …

Abu Dhabi, March 12 / The Audit Committee of the Board of Directors of the Emirates Banks Federation held its first meeting for the year 2023 remotely, to discuss a number of important issues and review the financial statements for the year 2022 and the federation’s internal audit reports. The …

Tokyo, March 12 / Tomorrow, in the Japanese capital, Tokyo, the work of the ninth session of the Abu Dhabi-Japan Economic Council will begin to discuss ways to enhance prospects for economic, trade and investment cooperation and explore new opportunities within a number of strategic economic sectors of common interest, …

ABU DHABI, 10 March / WAM / Large deposits (more than 20 million dirhams) accounted for the largest volume of total deposits in the banking sector in the country, amounting to 2.222 trillion dirhams by the end of last year 2022, according to the statistics of the UAE Central Bank. …