Abu Dhabi / WAM Al Jazira Sports and Cultural Club and Majid Al Futtaim officially broke ground, on Tuesday, on City Centre Al Jazira, the new AED1.4-billion lifestyle destination coming to Abu Dhabi. The new project will bring to the capital an integrated shopping, lifestyle and entertainment destination, contributing to Abu Dhabi’s vision that aims to develop a competitive, sustainable ...

Bloomberg The International Monetary Fund expects the UAE economic growth to nearly triple next year as Abu Dhabi benefits from an expected recovery in oil exports. The UAE’s GDP will expand 3.4 percent in 2018 from 1.3 percent this year, largely on expectations that growth in oil-rich Abu Dhabi will surge to 3.2 percent from 0.3 percent this year. Dubai’s ...

Dubai / WAM Dubai Investments, the leading, diversified investment company listed on the Dubai Financial Market, has reported net profit of AED350 million for the quarter ending September 30th, 2017, an increase of 4.8 percent over the AED334 million achieved during the same quarter last year. The company’s net profit for the first nine months of 2017 was AED830 million, ...