ABU DHABI / WAM The Department of Culture and Tourism — Abu Dhabi on Sunday announced that it has signed a Memorandum of Understanding (MoU) with Al Dana Leather Product Factory, Al Mandoos. This follows DCT Abu Dhabi’s long-term strategy to transform Emirati-owned businesses into exceptional leisure attractions for visitors and tourists, thus creating unique experiences with deep insights into ...

SHARJAH / WAM Khalid Jasim Al Midfa, Chairman of the Sharjah Commerce and Tourism Development Authority, said the tourism sector in Sharjah has contributed over AED7 billion ($1.91 billion), or 8.5 percent, to the emirate’s total gross domestic product (GDP) of AED83 billion. He also said that the yearly number of tourists visiting Sharjah exceeds 1.7 million, which is the ...

ABU DHABI / WAM The UAE Central Bank has withdrawn AED 6.00 billion out of excess liquidity in the market during March after it met the market needs for cash in January and February. The move fits within the Central Bank’s mandate to direct the country’s credit policy, and to regulate and oversee the monetary and banking policy, ensuring their ...