ABU DHABI / WAM Mohammed Thani Murshid Al Rumaithi, Chairman of the Board of Directors of the Abu Dhabi Chamber of Commerce and Industry, praised the decisions of the UAE Cabinet related to the full ownership of Emirati companies by international investors and companies. This move will encourage more international companies to do business in the UAE and benefit from ...

Bloomberg Sony Corp. is buying EMI Music Publishing, getting its hands on a catalog of 2.1 million songs from Beyonce, Carole King and other artists as it embarks on a new growth plan built on content and services. The Japanese company will buy about 60 percent equity interest from a consortium led by from Mubadala Investment Co. for about $2 ...

ABU DHABI / WAM The actual expenditure of UAE federal government departments amounted to AED48.572 billion during 2017, with a 100 percent execution rate, according to the financial performance report issued by the Ministry of Finance. Spending on the general public services sector reached around AED16.190 billion, accounting for 33.3 percent of total expenditurein 2017, with the public order and ...