ABU DHABI, The Industrial Production Index, IPI, in the Emirate of Abu Dhabi increased by 22.6 percent from 100.1 percent in the fourth quarter of 2018 to 122.7 percent in the fourth quarter of 2019, according to figures released by …

ABU DHABI, The Central Bank of the UAE has announced the issuance of the ‘Dormant Accounts Regulation’. This regulation applies to all banks operating in the UAE.

The purpose of the regulation is to establish a framework for the control …

The Abu Dhabi Department of Economic Development (ADDED), through its Industrial Development Bureau (IDB), has recently issued a resolution that authorizes licensed manufacturing and industrial facilities in the emirate to trade their secondary industrial products, which includes reintroducing them into …

ABU DHABI, The shareholders of the National Central Cooling Company, Tabreed, have approved a dividend of 10.5 fils per share for the financial year ending 31st December 2019. This represents a 11% increase on the previous year’s pay out, highlighting …

SHARJAH, The Sharjah Commerce and Tourism Development Authority, SCTDA, revealed that the emirate recorded a three percent growth in the number of hotel guests in 2019 as compared to 2018.

The sector welcomed approximately 1.8 million guests last year with …

Under the directives of Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai His Highness Sheikh Hamdan …

KUWAIT, The price of Kuwaiti oil went up US$1.24 to reach $35.50 per barrel on Monday compared to $34.26 pb the day before, the Kuwait Petroleum Corporation said on Wednesday.

According to the Kuwait News Agency, KUNA, the Brent crude …

ABU DHABI, A total of 4.232 million cheques worth AED204.86 billion have been handled by the Cheque Clearing System year to date, Central Bank of the UAE said Tuesday.

On a month-over-month basis, the value of cheques handled over the …