Recent Posts

Abu Dhabi’s non-oil trade with 4 nations hits $3bn

ABU DHABI / WAM The Emirate of Abu Dhabi’s non-oil trade with four GCC states hit AED11.33 billion ($3bn) during the first five months of the year, with the Kingdom of Saudi Arabia coming on top of the emirate’s Gulf trade partners. According to the Statistics Centre- Abu Dhabi, the four countries, which include Kingdom of Saudi Arabia, Kingdom of ...

Read More »

Global information security spending set to grow by 7%

DUBAI / Emirates Business Worldwide spending on information security products and services will reach $86.4 billion in 2017, an increase of 7 percent over 2016, with spending expected to grow to $93 billion in 2018, according to the latest forecast from Gartner, Inc. Within the infrastructure protection segment, Gartner forecasts fast growth in the security testing market (albeit from a ...

Read More »

Money supply aggregate M1 down 1.9 percent

ABU DHABI / WAM The Central Bank announced that the money supply aggregate M1 decreased by 1.9 percent, from AED507.1 billion at the end of June 2017 to AED 497.5 billion at the end of July 2017. The money supply aggregate M2 decreased by 0.2 percent, from AED1267.1 billion at the end of June 2017 to AED1264.4 billion at the ...

Read More »
Send this to a friend