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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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DIFC mission to India drives mutual collaboration

DUBAI, 28th July, 2019 (WAM) A delegation from the Dubai International Financial Centre, DIFC, undertook a successful mission to Maharashtra in India, led by Essa Kazim, Governor of the DIFC, and Arif Amiri, Chief Executive Officer of the DIFC Authority. The meetings took place in Mumbai and the wider Maharashtra …

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NPCC, Petrofac JV awarded Al Yasat Petroleum offshore contract

ABU DHABI, 28th July, 2019 (WAM) National Petroleum Construction Company, NPCC, in conjunction with its joint venture, JV, partner Petrofac, has secured a new contract with Al Yasat Petroleum, an ADNOC Group company, and JV with CNPC. According to a statement, NPCC and Petrofac will provide Front End Engineering Design, …

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