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Abu Dhabi to boost tourism ties with China

  Abu Dhabi / WAM Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) announced that it is embarking on two separate trips to five cities across China in March and May to capitalise on the growing popularity of the emirate as a tourist destination from Asia. Inbound visitor arrivals from China have seen dramatic rises over the past few years, ...

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AUH welcomes over 1.9mn passengers in February

  Abu Dhabi / WAM Abu Dhabi International Airport (AUH) welcomed more than 1.9 million passengers in February, registering a 2.5% increase in passenger traffic compared to February, 2016. Terminal 3 at the airport registered a 26.2% growth in passenger traffic and 28.6% increase in flight traffic. Passenger traffic to and from Saudi Arabia increased significantly to 13.3% due to new ...

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UAE bank credit to industrial sector grew 190% in 10 years

  ABU DHABI / WAM The UAE bank credit to the industrial sector grew by 190 percent to AED70 billion over the past decade, accounting for 4.8 percent of the total loans channelled to business sectors in the UAE by the end of 2016, according to the UAE’s Central Bank recent data. Bank industrial credit for foreigners in the country ...

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