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MoF holds workshop on IMF Fiscal Monitor in Dubai

  Abu Dhabi / Emirates Business The Ministry of Finance (MoF), in collaboration with the International Monetary Fund (IMF), recently held a workshop on IMF Fiscal Monitor report which is published twice a year, on its premises in Dubai. The report analyses the latest public finance developments on an international level, the impact of the recession on several countries, in ...

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New retail promotion to enhance National Day celebrations in Dubai

  Dubai / WAM The Dubai Festivals and Retail Establishment (DFRE), an agency of the Department of Tourism and Commerce Marketing (Dubai Tourism), will launch a new retail initiative, the National Day Sale, on the joyous occasion of the country’s 45th National Day. The National Day Sale, from December 1-3, will feature participating malls and retail outlets offering shoppers mega discounts ...

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Abu Dhabi hit after bank merger talk quashed

  DUBAI / Reuters Shares of three of Abu Dhabi’s top lenders pulled back on Sunday after the banks denied they were in merger talks, while Saudi shares were hit by profit taking. Egypt’s stock market gained as foreign funds continued to accumulate blue chips. Abu Dhabi’s index dropped 1.7 percent as Union National Bank retreated 5.2 percent and Abu ...

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