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Export unit value index up 87.3% in Abu Dhabi

Abu Dhabi / WAM The Export Unit Value Index in the Emirate of Abu Dhabi was up to 87.3% during Q2, a growth of 7.6% from 81.2% during the same period in 2017, according to Statistics Centre- Abu Dhabi (SCAD), while the Import Unit Value Index likewise rises to 108.7% during the same monitored period from 103.4% as compared to ...

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UAE-Saudi ties strong on all levels: Jamal Al Jarwan

Abu Dhabi / WAM Jamal Saif Al Jarwan, Secretary-General of the UAE International Investors Council, described the ties between the UAE and Saudi Arabia as strong on all levels due to the support of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and King Salman bin Abdulaziz Al Saud, Custodian of the Two Holy Mosques and King of Saudi ...

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Nakheel awards $194mn Dragon Towers contract

DUBAI / WAM Nakheel has signed a construction contract for Dragon Towers, its new, twin-building residential complex with a total development value of AED713 million ($194mn), to be built at Dubai’s rapidly-expanding Dragon City mixed-use community. Under the AED552 million contract, handed to UAE-based Ali Mousa and Sons Contracting, mobilisation will begin immediately, with anticipated completion in 2021. Nakheel also ...

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