DUBAI / WAM Dubai’s external non-oil trade in 2018 reached AED1.3 trillion despite challenges facing global trade growth resulting from trade tensions between major economic powers and a global growth slowdown that has led to currency rate volatility in developing countries. The latest trade figures show that Dubai is moving forward steadily as a leading international and regional trade hub ...

Abu Dhabi / WAM A total of 113 listed public joint stock companies distributed AED32 billion in dividends for 2018, according to data released by the Abu Dhabi Securities Exchange and Dubai Financial Market. The largest across the GCC and Mena region, the increased dividends reflect the growth in foreign capital invested in key listed Emirati companies. In further detail, ...

Bloomberg The United Arab Emirates will continue to adjust its oil production until the market rebalances, the Opec member’s energy minister said. “We will continue to deliver on the Opec & non-Opec commitment for voluntary production adjustments, until the global market is re-balanced,” Suhail Al Mazrouei said on Twitter. “UAE compliance for the month of February 2019 will meet, if ...