ABU DHABI / WAM The first half of 2019 saw an input of AED2.3 billion into the Abu Dhabi economy, revealed the Abu Dhabi National Exhibitions Company on Wednesday. In a statement, the company said that its Abu Dhabi National Exhibition Centre (Adnec ), and Al Ain Convention Centre (AACC) contributed AED2.3 billion to the Abu Dhabi economy in H1 ...

Bloomberg Bank of Sharjah PJSC plans to issue dollar-denominated bonds later this year to help the United Arab Emirates lender repay existing debt, people with knowledge of the plan said. The company wants to raise about $500 million in a sale likely to take place in September or October, according to the people, who asked not to be identified because ...

Bloomberg Oil tumbled the most in a week as global financial markets swooned and the swelling US crude stockpiles reinforced the fears about an economic slowdown. Futures slipped more than 5 percent in New York, joining a slide in equities. American crude inventories registered a surprise increase for the second straight week, US data showed on Wednesday, although gasoline demand ...