Recent Posts

UAE’s non-oil foreign trade hits AED1.2trn

Abu Dhabi / WAM UAE General Trade volume keeps growing during first 9 months of 2017, despite the decline in growth rates of the global economy during the year 2017, according to the Federal Customs Authority (FCA). The preliminary statistical data has revealed that UAE general trade volume during the period January to the end of September 2017 amounted to ...

Read More »

Central Bank says M1 increases to AED492.4 billion

Abu Dhabi / WAM The Central Bank announced that the Money Supply aggregate M1 increased by 0.4%, from AED490.3 billion at the end of November 2017 to AED492.4 billion at the end of December 2017. In a statement, the bank said, “The Money Supply aggregate M2 increased by 2.2%, from AED1248.8 billion at the end of November 2017 to AED1276.2 ...

Read More »

ADGM seeks public opinion on ownership rules

Abu Dhabi / WAM The Registration Authority of Abu Dhabi Global Market (ADGM) issued a public consultation paper inviting public feedback and comments to codify existing corporate beneficial ownership and control practices in line with global standards and initiatives. Recommendations have been developed following a benchmarking analysis of the regimes applicable in the UK, Guernsey and Jersey. These jurisdictions have ...

Read More »
Send this to a friend