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Abu Dhabi Ship Building revenue hits AED791mn in 2015

  ABU DHABI / WAM Abu Dhabi Ship Building (ADSB) announced key business highlights for 2015 at their Annual General Meeting held in Abu Dhabi last week, registering a consolidated revenue of AED 791 million, while its net profit rose to AED 87 million. In addition, members of the General Assembly approved the distribution of the cash dividends amounting to ...

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VP issues law on Dubai financial markets

  Dubai / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No (4) of 2016 on the Dubai Economic Security Centre. The Centre aims to maintain Dubai’s position as a global financial and economic hub, ensure its financial stability and protect its investments ...

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Abu Dhabi’s annual inflation reaches 3.2 percent in Q1

  Abu Dhabi / WAM The inflation rate in the Consumer Price Index (CPI) in the Emirate of Abu Dhabi for the first quarter of 2016 was 3.2%, compared with the same period of 2015, according to a report released by Statistics Centre – Abu Dhabi (SCAD). The annual inflation rate for the first quarter of 2016 was 3.2%, with the ...

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