ABU DHABI / WAM The cash flow circulating on the UAE market by UAE nationals and residents, including individuals and corporations alike, gained AED5.1 billion during H1 2017, bringing to AED67.4 billion the money supply circulating outside the banking sector by the end of June, according to UAE Central Bank statistics. On a YOY basis, the liquidity available outside banks …

Abu Dhabi / WAM China continues to top the list of UAE’s major trade partners for the third straight year, with total bilateral trade exchange amounting to AED520.6 billion from 2014 through 2016, according to Ministry of Economy statistics. India came second followed by the USA, while the Kingdom of Saudi Arabia came fourth and then Germany fifth. Despite the …

Abu Dhabi / WAM Abu Dhabi Airports has been awarded the UAE’s first Aerodrome Flight Information Services (AFIS) certification from the General Civil Aviation Authority (GCAA), for Sir Bani Yas Airport. AFIS is provided at airfields where flight information is required, but where the aircraft traffic does not warrant having a full Air Traffic Control service. AFIS can provide information …