Bloomberg Dubai’s main equity gauge posted its biggest monthly gain in a year, powered by a revival in the banking sector as better-than-estimated earnings help UAE stocks escape this year’s doldrums. The DFM General Index has surged 4.8 percent in July. In Abu Dhabi, the ADX General Index posted its largest monthly gain in more than two years, advancing 6.6 ...

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) and a delegation from Belarus examined areas of economic cooperation between Sharjah and Belarus, in addition to reviewing ways to enhance economic relations and mutual investment opportunities between the various economic sectors of both sides. Mohamed Ahmed Amin, Acting Director-General of the SCCI, and Igor Bondarev, Head of the ...

ABU DHABI / WAM In yet another indicator of the growth in economic sentiments in the country, the number of automatic teller machines (ATM), operated by banks in the UAE hit a total of 5261 by end of June, an increase of 42 facilities from 5219 in the same month in 2017, according to CBUAE statistics. The continued rise in ...