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Central bank M3 reaches AED1.636trn

ABU DHABI / WAM The Central Bank of UAE’s monetary aggregates, which include currency in circulation outside banks plus monetary deposits and quasi-deposits and government deposits, referred to as M3, increased 0.2 percent by the end of April, hitting as much as AED1.636 trillion against an amount of AED 1.632 trillion recorded the month before, according the UAE Monthly Monetary ...

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UAE investors most optimistic in world as markets rebound

Dubai / Emirates Business High net worth individuals and business owners globally are optimistic and looking for opportunities to invest as markets rebound in 2019, according to UBS Global Wealth Management’s new quarterly Investor Sentiment survey. The survey, which polled more than 3,600 wealthy investors and entrepreneurs in 17 countries, including the UAE, points to a rebound in bullish sentiment ...

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Work on Expo 2020 ‘thematic districts’ complete

DUBAI / WAM Expo 2020 Dubai has announced that the construction of its petal-shaped Thematic Districts is now complete, marking one of the most significant milestones on the road to welcoming the world to the UAE. More than 100 million working hours have now gone into developing the site, including the completion of all shell and core works for the ...

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