ABU DHABI / WAM The UAE Central Bank’s total assets amounted to AED2.718 trillion during Q1 2018, 0.9 percent up from AED2.693 trillion by the end of December 2017, according to CBUAE statistics. Total loans increased to AED1.608 trillion during the first three months of the year, a growth of 1.8 percent from AED1.580 trillion during the corresponding period last ...

DUBAI / WAM Emaar Properties recorded revenue for the first three months of 2018 of AED5.586 billion ($1.521 billion), 37 percent higher than Q1 2017 revenue of AED4.072 billion ($1.109 billion). This was led by significant progress achieved on projects under construction and the growth in malls and hospitality businesses. Emaar’s net profit grew by 20 percent to AED1.665 billion ...

ABU DHABI / WAM Mohammed Thani Murshid Al Rumaithi, Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of the Board of Directors of the Abu Dhabi Chamber of Commerce and Industry, and Navdeep Singh Suri, Ambassador of India to the UAE, have discussed promoting economic and investment cooperation among private sector institutions in the UAE ...