ABU DHABI / WAM The Central Bank announced that the Money Supply aggregate M1 increased by 0.2%, from AED 473.5 billion at the end of January 2016 to AED 474.4 billion at the end of February 2016. Money Supply aggregate M2 remained constant at AED 1,212.5 billion at the end of February 2016. Money Supply aggregate M3 increased by 0.02%, …

RITIKA SHARMA / EMIRATES BUSINESS Energy efficiency can translate into economic advantage. And Etihad ESCO, a leading energy retrofit entity, is showing the way by providing dependable solutions to reduce power usage across a spectrum of industries. In one of its latest initiative, Etihad ESCO executed the lighting retrofit project at the Dubai Electricity and Water Authority (DEWA) power stations …

DUBAI / WAM Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, and University of Dubai (UD), have signed a memorandum of understanding (MoU) to jointly support innovation and entrepreneurship.