MALI / WAM The Emirates Red Crescent (ERC) is spending AED7.5 million to provide health and food assistance to affected people in the Republic of Mali as part of the UAE’s efforts to improve the quality of life in Africa. An ERC statement said the UAE relief agency was working with a number of United Nations’ organisations to address difficult …

  Dubai / WAM Dubai Electricity and Water Authority (DEWA) announced the implementation of a number of developmental projects across all operations, and develops infrastructure to improve its services at the highest standards of efficiency, reliability, and accountability. Saeed Mohammed Al Tayer, MD and CEO of DEWA, said, “In July 2016, DEWA awarded a contract for international advisory services to develop …

  Abu Dhabi / WAM The Central Bank announced that the Money Supply aggregate M2 increased by 0.9%, from AED 1180.4 billion at the end of June 2016 to AED1191.2 billion at the end of July, 2016. The Central Bank also announced that the Money Supply aggregate M1 decreased by 2.3%, from AED481 billion at the end of June, 2016, to …