UAE

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 …

Dubai 29-08-2019 The real estate transactions at Dubai Land Department reached more than 3 billion dirhams, with 701 sales worth AED 1.4 billion, including 93 land sales worth AED 600 million and 608 sales of apartments and villas worth AED 800 million. The most important land sales were AED 131 …

Sharjah 29-08-2019 Sharjah Chamber of Commerce and Industry is organizing the UAE-Russia Forum in the Russian Federation from 3 to 6 September. The forum will be chaired by HE Abdullah Sultan Al Owais, Chairman of Sharjah Chamber of Commerce and Industry, accompanied by Sheikh Majid Bin Faisal Al Qasimi, First …

Moscow 29-08-2019 / WAM Relations between the UAE and the Russian Federation have witnessed an important development in all fields, especially in the level of economic and investment relations, where the Russian Federation, whose capital Moscow is hosting tomorrow, is considered a summit of our most commendable meetings with the …