UAE

Media IN Abu Dhabi 18th-07-2019 The Abu Dhabi Securities Exchange’s (ADX) general index jumped 140.92 points, or 2.78%, to 5,218.13 points on Thursday. Market capitalisation went up to AED 533.99 billion on Thursday, compared to AED 521.25 billion yesterday. Trading volume reached 140.5 million shares, while liquidity hit AED 416.3 …

Media IN DUBAI, 18th July, 2019 WAM Dubai Aerospace Enterprise, DAE, announced that Fitch Ratings had assigned an overall ‘BBB-‘ rating, with a stable outlook. DAE’s long-term IDR received a ‘BBB-‘ rating, while its outlook stable senior secured long-term rating was assigned ‘BBB’. In a statement, Firoz Tarapore, Chief Executive …

Media IN ABU DHABI, 18th July 2019 (WAM) Total assets of the UAE’s six national banks totalled AED1.68 trillion in the first half of 2019, an increase of AED170 billion, or 11.2 percent, compared to AED1.51 trillion in the same period of 2018. The sector’s activity is highlighted by the …

Media IN Abu Dhabi 18th-07-2019 WAM Abu Dhabi topped emirates in the UAE in terms of capital value of public shareholding companies registered at the Securities and Commodities Authority (SCA) with AED 263.2 billion in 2018. Dubai and Sharjah came in the second and third places with AED 110.2 billion …

Media IN DUBAI- 18th-07-2019 Nasdaq Dubai today welcomed the listing of a US$1 billion Sukuk and a $300 million conventional bond issued by global trade enabler DP World. DP World is the largest UAE debt issuer by value on the region’s international exchange, with Sukuk and conventional bond listings now …

Media IN Dubai  17th-07-2019 WAM Emirates NBD, listed on the Dubai Financial Market (DFM), reported a 49% year-on-year surge in its net profit for the first half of 2019. Net profit stood at AED 7.5 billion in the six-month period ended 30 June 2019, versus AED 5.01 billion in the …

Media IN DUBAI, 17th July, 2019 WAM According to the latest Monster Employment Index,MEI,  the UAE registered an impressive 18 percent growth in online job postings compared to the same period last year, representing the highest growth in the region. In a clear sign that the UAE Government’s Education 2020 …

Media IN DUBAI, 17th July, 2019 (WAM) The Federal Competitiveness and Statistics Authority, FCSA, announced the completion of 50 percent of the ‘Household Income and Expenditure Survey 2019′ ,in cooperation with the Ministry of Community Development and local statistics centres. The survey covers more than 20,500 households across the country …

Media IN Abu Dhabi 17th-07-2019 First Abu Dhabi Bank (FAB) achieved an increase of 4% in net profits to AED 3.2 billion during the second quarter of 2019 compared to the same period a year ago. During the first half of 2019, FAB also recorded a year-on-year growth of 4% …

Media IN RAS AL KHAIMAH, 17th July, 2019 (WAM) Mohamed Ali Musabbeh Al Nuaimi, Chairman of Ras al Khaimah Chamber of Commerce and Industry, and Samata Gifty Bukari, Consul-General of the Republic of Ghana in Dubai, have discussed strengthening bilateral business cooperation and investment opportunities in different sectors. Al Nuaimi …