DUBAI / WAM The e-dirham government services revenue exceeded AED22 billion, with AED13 billion coming from the e-dirham system and AED9 billion from service points, respectively, in 2019. The total number of transactions executed via the e-dirham system reached 49 million, including 15 million transactions through the system’s website, and 34 million transactions via service points, the Ministry of Finance ...

ABU DHABI / WAM Adnoc Distribution on Wednesday announced that net profit for the fourth quarter of 2019 was AED496 million, an increase of 11.3 percent compared to same period last year. Ebitda for the fourth quarter of 2019 was AED658 million, an increase of 6.5 percent compared to the same period last year, driven by a solid operational performance ...

ABU DHABI / WAM Endowed with abundant cultural resources and a large-scale economy, the UAE will act as a bridge to promote Korean culture to other Middle Eastern countries, according to a top South Korean official. “The UAE is Korea’s first ‘Cultural Dialogue’ partner country in Mideeast and has shown an active interest in Korean culture,” wrote Park Yang-woo, Minister ...