ABU DHABI / WAM AED108 billion is the volume of foreign direct investment in Abu Dhabi for the year 2017, a growth of 7.1% over 2016, according to the Statistics Center — Abu Dhabi. In its annual report issued in coordination with the Department of Economic Development (DED) on the estimates of FDI in the Emirate of Abu Dhabi in ...

DUBAI / WAM The Commercial Compliance & Consumer Protection (CCCP) sector Department of Economic Development (DED) Dubai, has launched on Tuesday ’Smart Protection’ service, first of its kind in the world, which adopts artificial intelligence (AI) to respond quickly and efficiently to consumer queries and resolve their complaints. The service engages consumers in a direct dialogue to understand the query ...

Reuters French oil and gas major Total on Tuesday signed a $5 billion dealwith Saudi Aramco to build a giant petrochemical complex at their 440,000 barrels-per-day Jubail Satorp refinery. Saudi Aramco holds a 62.5 percent stake in the refinery, while Total holds the other 37.5 percent. The memorandum of understanding (MoU) was signed on the sidelines of a visit by ...