News

Abu Dhabi 01-09-2019 / WAM During the summer months between June and August, Abu Dhabi International Airport reached over 4.5 million passengers. Abu Dhabi International Airport saw the highest influx of passengers from five major international destinations – London, New Delhi, Bombay, Cairo and Cochin – during the summer. The …

Abu Dhabi 01-09-2019 / WAM Interest rates on interbank dirhams (EIBOR) have continued to fall to new levels for several months, according to statistics from the UAE Central Bank. Interest rates fell to 256 basis points on one-year trading and were followed in the same direction by the 6-month benchmark …

Dubai 01-09-2019 / WAM The Dubai Gold and Commodities Exchange (DGCX) registered more than 3 million contracts in a single month for the first time in its history in August, breaking its July record of 2.38 million contracts. The value of contracts traded and cleared last month, which amounted to …

01-09-2019 / WAM The per capita private consumption expenditure in the UAE increased to about 63 thousand dirhams in 2019, an increase of 14.1% compared with 55.2 thousand dirhams in 2018 and based on these official data contained in the report of the Federal Competitiveness and Statistics has increased the …

Dubai 31-08-2019 / WAM / Dubai Maritime City Authority (DMAA) has completed preparations to host the UAE Maritime Week 2019, the first maritime event of its kind on the regional map, held under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and …

Abu Dhabi 31-08-2019 During the second quarter of this year, the Department of Economic Development – Abu Dhabi conducted 31,325 visits and inspections of commercial establishments in markets and outlets in the three cities and regions of the Emirate of Abu Dhabi, during which 9,148 counterfeit and counterfeit goods were …

Sharjah 31-08-2019 / WAM / Expo Center Sharjah revealed that nearly 20 per cent of its exhibitors during the first half of this year were new companies participating for the first time, reflecting the global reputation of the center as a leading and prominent destination in the exhibition and conference …

Tokyo 30-08-2019 / WAM The leaders of Japan and Africa agreed today to develop an infrastructure in African countries of outstanding quality that supports the economy and takes into account the ability of any country to repay debts. In a joint declaration issued at the end of the Tokyo International …

Tokyo 30 -8-2019 \ SPA Oil gave up some of its recent gains today, but remained on course for its biggest weekly increase since early July, supported by a drop in US inventories, an impending hurricane in Florida and a recession in the China-US trade war. By 0711 GMT, Brent …

Cairo 30-08-2019 \ SPA The Egyptian Stock Exchange (EGX) achieved gains of LE 55.1 billion this month, with a market capitalization of LE 770.2 billion. The performance of major and secondary market indices rose collectively, with the main market index “EGX 30” by 10.77% to reach the level of 14835.36 …