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Ajman okays AED4.14bn budget for 2019-2021

AJMAN / WAM HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, approved the general budget of the Ajman Government for 2019- 2021. The budget amounts to AED4.140 billion, a growth of 17 percent. The general budget for the 2019 fiscal year was also approved, as part of a financial plan valued at AED1.380 billion ...

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UAE monetary base expands 6% to AED371.6bn in Nov

ABU DHABI / WAM The UAE monetary base expanded 6 percent to an 11-month high of AED371.6 billion by end of November from AED350.6 billion in October, according to Central Bank of UAE statistics. Certificates of deposits purchased by banks slightly declined to AED125.8 billion. Current accounts of banks at CBUAE multiplied to AED36.3 billion in November from AED18.2 billion ...

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GCC petchem companies’ earnings reach AED28bn

Dubai / WAM Borouge, Khalifa Industrial Zone Abu Dhabi (Kizad), National Industrialisation Company (Tasnee) and Oman Oil Refineries and Petroleum Industries Company (Orpic) have announced their association with ArabPlast 2019, which is set to take place from January 5 to 8, at Dubai International Convention and Exhibition Centre. In a press conference, it was announced that Borouge will serve as ...

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