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RAK Ruler receives Indian Consul-General

RAS AL KHAIMAH/ WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, received today at his palace in the Saqr bin Mohammed City, Satish Kumar Sivan, Consul-General of India in Dubai and the Northern Emirates. The RAK Ruler welcomed the Indian Consul-General, wishing him success in performing his duties and bolstering UAE-India ...

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Global FDI flows in 2023 settle at around $1.37 trillion: UNCTAD

GENEVA/ WAM The global foreign direct investment (FDI) had a modest increase of over 3% to reach an estimated $1.37 trillion in 2023, defying expectations as recession fears early in the year receded, and financial markets performed well. Global FDI flows increased, but economic uncertainty and higher interest rates affected global investment. The headline increase was mainly due to higher ...

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ADCB broadens its regional presence through strategic expansion into Saudi Arabia

ABU DHABI/ WAM Abu Dhabi Commercial Bank (ADCB) is establishing a strategic presence in Saudi Arabia, leveraging its strong balance sheet and sophisticated corporate banking capabilities to support a growing client base, and contribute to the deepening of regional economic relationships. ADCB has received an in-principle approval from the Kingdom’s Council of Ministers and will open a branch in Riyadh, ...

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