Abu Dhabi / WAM The UAE Central Bank’s foreign currency assets increased 1.5 percent to AED322.4 billion during the month of May from AED317.44 billion in April, according to statistics released Tuesday by the bank. The surge is attributable to the rise in UAE banking balances and deposits overseas from AED147.85 billion in December to AED215.66 billion by the end ...

Dubai / WAM Dubai Municipality has donated 100,000 lamps for Dubai housing projects, as part of the municipality #Year of Giving initiatives. The move is part of the municipality’s community responsibility to serve the nation and contribute to its development process, said Ahmed Saeed Al Badwawi, Director of Applied Sustainability and Renewable Energy Department. The lamps represent unique innovation in ...

Dubai / WAMM A UAE delegation, led by Dr. Thani bin Ahmed Al-Zeyoudi, Minister of Climate Change and Environment, marked a successful attendance at the World Scientific and Engineering Congress (WSEC 2017), convened at Astana EXPO 2017 Congress Centre in Kazakhstan from June 19-20, 2017. The conference held under the theme “Energy of the Future: innovative scenarios and methods of ...