UAE national banks’ investments hit AED10.4 bn in January, mostly in shares
ABU DHABI, The investment portfolio of UAE national banks amounted to AED10.4 bn in January 2020, according to figures revealed by the Central Bank of the UAE which show most of the investments focused on bonds and securities.The banks’ investments in …
Oil products stocks jump to record on gains in all categories
FUJAIRAH, Inventories of oil products at the bunker trading hub of Fujairah in the UAE climbed to a record this week after gains in light, middle and heavy distillates, according to data provided exclusively to S and P Global Platts.Inventories rose 13…
OPEC daily basket price stands at $55.88 a barrel Tuesday
VIENNA, The price of OPEC basket of fourteen crudes stood at US$55.88 a barrel on Tuesday, 25th February 2020, compared with US$56.11 the previous day, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes is made up of the fol…
AED141.4 billion of UAE banks’ investments in four GCC states
ABU DHABI, UAE banks invested up to AED141.4 billion during Q4 of 2019, a growth of 11.3 percent from AED127 bn during the preceding quarter, according to official statistics obtained by the Emirates News Agency, WAM.The growth is reflective of the str…
Additional 3 million visitors to UAE expected during Expo 2020, says ATM research
DUBAI, An additional three million international visitors are expected to visit the UAE during Expo 2020 Dubai, with arrivals from India, Saudi Arabia, the Philippines, the United Kingdom and Pakistan driving this influx, according to the latest data r…
Additional 3 million visitors to UAE expected during Expo 2020, says ATM research
DUBAI, An additional three million international visitors are expected to visit the UAE during Expo 2020 Dubai, with arrivals from India, Saudi Arabia, the Philippines, the United Kingdom and Pakistan driving this influx, according to the latest data r…
Additional 3 million visitors to UAE expected during Expo 2020, says ATM research
DUBAI, An additional three million international visitors are expected to visit the UAE during Expo 2020 Dubai, with arrivals from India, Saudi Arabia, the Philippines, the United Kingdom and Pakistan driving this influx, according to the latest data r…
Additional 3 million visitors to UAE expected during Expo 2020, says ATM research
DUBAI, An additional three million international visitors are expected to visit the UAE during Expo 2020 Dubai, with arrivals from India, Saudi Arabia, the Philippines, the United Kingdom and Pakistan driving this influx, according to the latest data r…