Economic Indicators

Abu Dhabi With the onset of the summer holidays, airports and train stations in China are crowded with travelers as they prepare to go to various tourist destinations. According to data from travel agency Ctrip, there was a six-fold increase in demand for international airline tickets year-on-year during the first …

Beijing, July 21 / Chinese car exports have witnessed remarkable growth in recent years, according to a report by the Chinese People’s Daily newspaper, in which it said that the country’s car exports exceeded 2 million cars in 2021 and increased to more than 3 million in 2022.   The …

Abu Dhabi, July 20 // Abu Dhabi Commercial Bank announced a 25% increase in net profits to reach 3.811 billion dirhams during the first half of this year, compared to the same period last year. The bank stated, in a statement today, that net interest income increased by 23% to …

Alpha Dhabi Holding Company signed a memorandum of understanding with the Turkish Limak Group, in order to explore available opportunities and prospects for establishing joint projects in the fields of construction, development, infrastructure, energy and hospitality, which fall within the framework of the sustainable development strategy in the UAE and …

» The Dubai Financial Market announced that HSBC Bank succeeded in executing the first international Securities Borrowing and Lending (SLB) deal on the stock exchange, which is the first transaction to be implemented through this model, and it is also the latest step in the continuous development and expansion in …

President Abdel Fattah El-Sisi directed, during his meeting today, Wednesday, a high-level delegation that includes the heads of the Italian companies “Wuhuan Engineering” and “Palestra”, working in the field of fertilizers, and senior officials of the two companies, to start immediately the construction of the third industrial complex for the …

Abu Dhabi, July 19: His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, affirmed that the UAE and Turkey are continuing to move forward with the procedures related to the adoption and activation of the Comprehensive Economic Partnership Agreement, in preparation for its entry into …

Sharjah, July 16 / His Excellency Hamad Ali Abdullah Al Mahmoud, Director of the Sharjah Foundation for Supporting Entrepreneurial Projects “Rowad” and Chairman of the Project Finance Committee, stressed the importance of small and medium enterprises in promoting the growth of the national economy and the prosperity of many sectors …

The local Sharaf Retail Group in the UAE continues to expand its reach significantly in the world of fashion, fashion and lifestyle throughout the Middle East and the Far East. In this context, the group opened the twelfth store of its leading brand, Cotton On, in Ibn Battuta Mall. ». …

The Composite Index of the Arab Monetary Fund for the Arab financial markets ended the transactions of the month of June 2023 at the level of 484.43 points, an increase of about 0.08%, equivalent to 0.40 points, compared to its value recorded at the end of May 2023, due to …