Recent Posts

Government spending hits AED8.92bn

ABU DHABI / WAM The actual spending of federal departments amounted to AED8.92 billion during Q1 2017, with a 100 percent budget execution rate, according to a Ministry of Finance report. The Service Sector spending hit AED3.207 billion, which accounts for 36.96 percent of Q1 total spending, while AED2.384 billion went to the Public Order and Safety Affairs Sector- 26.73 ...

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Stock markets maintain gains

ABU DHABI / WAM Blue-chips again gave a last-minute boost to the UAE stocks on Wednesday, with Emaar breaking a new high of AED8.49 despite a profit-booking spree during the first half of today’session. Accordingly, decent gains were held by the Abu Dhabi Securities Exchange General Index which was up 1.02 percent, closing at 4608 points, with the Dubai Financial ...

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Masdar gets breakthrough in ‘graphene research’

Abu Dhabi / Emirates Business The Masdar Institute of Science and Technology announced a research breakthrough that provides valuable insights on the development of optimized graphene-based membranes, which aim to make water filtration and desalination more efficient and sustainable. The Masdar Institute is a part of the Khalifa University of Science and Technology. The breakthrough was made by a team ...

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