Tag: UAE
DGCX to offer more forex contracts next month
Dubai Gold and Commodities Exchange (DGCX) will increase its portfolio by introducing additional forex contracts next month with an eye to rise stronger in...
Real Estate transactions in Abu Dhabi rose by 34% to Dhs6.3...
According to the latest statistics published by Abu Dhabi's Department of Municipalities and Transport the value of real estate deals in Abu Dhabi rose...
Bilateral trade volumes between UAE and Bahrain surpass $550 million in...
Bahrain’s Information and e-Government Authority reported that the volume of bilateral trade between Bahrain and the UAE exceeded $550.4 million in the first quarter...
Aldar Properties announces Dh1.76 billion revenue for Q1 2020
Abu Dhabi’s biggest indexed developer Aldar Properties has published Dh1.76 billion in income for the first quarter of 2020.
The profits dropped 39 percent to...
Moody’s gives prime ratings for UAE and Kuwait
Moody’s Emerging Market Chartbook 2020 measures Abu Dhabi, UAE, and Kuwait as the highest-rated emerging markets sovereigns amid coronavirus pandemic.
While it rated GCC’s largest...
ICD profit surges 16.9% to Dh 25 billion; Assets reach Dh...
Dubai's sovereign wealth fund Investment Corporation of Dubai (ICD) has reported that its net profit for 2020 has surged 16.9 percent to reach Dh...
Saleh Al Abdooli steps down as Etisalat Group CEO
UAE telecoms operator Etisalat's CEO Saleh Al Abdooli has reportedly resigned for personal reasons.
The board of directors has accepted his departure and elected Hatem...
Union Coop opens Drive-thru grocery shopping service
Largest consumer cooperative in the UAE, Union Coop has launched a new drive-thru shopping service that enables consumers to buy from their vehicles, at...
