Abu DHABI / WAM Abu Dhabi Ship Building and Leonardo signed an MoU to enhance their collaboration in the naval sector. Building on years of positive partnership for development of UAE naval capabil- ities, under the MoU, which was signed at Idex, the two parties will jointly work to create a combat management system (CMS), integration laboratory capable of testing, ...

ABU DHABI / WAM The UAE Central Bank has announced that money supply aggregate M1 increased by 0.1 percent, from AED485.6 billion at end of December 2018 to AED486 billion at end of January 2019. The money supply aggregate M2 decreased by 0.2 percent, from AED1308.4 billion to AED1305.5 billion.

ABU DHABI / Emirates Business LuLu, the largest hypermarket chain in the Middle East, launched the annual Egyptian-themed food festival “Taste of Egypt” across its stores in the UAE. The week-long fest features various offers on different product categories until February 25. In partnership with EgyptAir, LuLu will be giving away 10 tickets to Cairo in a raffle promo, where ...