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Abu Dhabi non-oil foreign trade rises to AED80.1bn

ABU DHABI / WAM In yet a fresh sign of a positive economic outlook for the country, Abu Dhabi’s non-oil foreign trade during H1 2018 amounted to AED80.1 billion, with the month of June recording a growth of 30%. According to figures released by the Statistics Centre- Abu Dhabi, the emirate’s non-oil exports stood at around AED11.08 billion during H1, ...

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$13.6bn development plan approved for Abu Dhabi

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has approved an AED50 billion ($13.6 billion) development plan for Abu Dhabi. The three-year development accelerator programme, dubbed ‘Ghadan 21’, was approved during a meeting with members of the Abu Dhabi Executive Committee. His ...

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Emirates NBD expands Saudi branch network

DUBAI / WAM Emirates NBD expanded its presence in Saudi Arabia with the opening of its first branch in the city of Khobar. The bank now operates in three key regions within the Kingdom, with branches in Riyadh, Jeddah and Khobar. As Saudi Arabia moves forward in enacting its plans for economic reform, in line with its Vision 2030, Emirates ...

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