Media In – Abu Dhabi 28 May 2018 / WAM / The current account surplus increased from AED 48.5 billion – 3.7% of GDP in 2016 to AED 97.1 billion in 2017 – 6.9% of GDP. The increase in the surplus during the year 2017 is due to the increase …
Read More »Abu Dhabi’s Economic Department reports 2935 new licenses in the first quarter of this year
Media In – Abu Dhabi 27 May 2018 / WAM / The number of new economic licenses registered by Abu Dhabi Business Center (ADDC) during the first quarter of this year was 2935, a 26 percent increase compared to the same quarter last year, which amounted to 2,328 new licenses. …
Read More »the value of real estate transactions in Dubai is more than AED 610 million
Media In / WAM / Dubai, May 27, 2018 The real estate transactions in the Dubai Land Department have recorded more than AED 610 million, with a total value of AED 124 million, of which AED 14 million is AED 14 million and AED 110 million is AED 110 million. …
Read More »Saudi Arabia re-opens its sixth issue of the local sukuk program
Media In – Riyadh May 27 2018 / WAM / The Saudi Ministry of Finance announced the completion of the reception of additional investors’ requests for domestic issuance by re-opening the previous sixth issue for the first time in April this year under the Saudi government Sukuk program in Saudi …
Read More »14 billion dirhams liquidity of the “central” pumping in the market during last April
Media In – Abu Dhabi 27 May 2018 / WAM / The Central Bank of UAE (CBE) continued to inject liquidity into the market during the month of April with a value of 14 billion dirhams, the highest since the beginning of this year, according to figures released by the …
Read More »AED 11.7 billion profits of listed companies listed on the Abu Dhabi Securities Market
Media In – Abu Dhabi 27 May 2018 / WAM / Shares of listed companies on the Abu Dhabi Securities Exchange (ADX) rose 9% to AED 11.7 billion, compared to AED 10.8 billion in the first quarter of 2017. Companies listed in the financial services and banking sectors in the …
Read More »Al Watan Fund receives contributions of AED 25 million to drive development
Media In – Abu Dhabi 26 May 2018 / WAM / Al Watan Fund today announced that it has received new contributions amounting to AED 25 million as a result of a group of businessmen and companies in the country renewing their support to the Fund. The contributions included the …
Read More »Global interest in bidding for oil and gas exploration in Ras Al Khaimah
Media In – Ras Al Khaimah 24 May 2018 / RAK Petroleum has announced the interest of many companies in the world to bid for oil and gas exploration in Ras Al Khaimah. In early April, the government of Ras Al Khaimah launched the “Oil Licensing Round” in 2018 to …
Read More »326.4 billion dirhams balance of “Central” of foreign currencies
Media In – Abu Dhabi 24 May 2018 / WAM / The Central Bank of UAE’s foreign currency balance reached AED 326.4 billion in April, a growth of 2.8% compared to AED 317.44 billion in the same month of 2017. According to statistics released by the Central Bank of UAE …
Read More »31.93 million barrels per day OPEC production during last April
Media In – Abu Dhabi 23 May 2018 / WAM / The average daily production of members of the Organization of Petroleum Exporting Countries “OPEC” 31.93 million barrels during the month of April compared to 31.918 million barrels in March, which preceded. OPEC’s continued production at acceptable levels in April …
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