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‘Emirates is a unique global model of women’s economic empowerment’

SHARJAH / WAM Dr Salwa Ghaddar Younis, Ambassador of the United Nations (UN) and Chairperson of the Arab Family Organisation (AFO) stated that the UAE is a unique international model of the professional and financial empowerment of women, and the strengthening of their economic position, based on equal opportunities in all commercial areas. In her statements on the sidelines of ...

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UAE non-oil private sector growth hits 3-month high

DUBAI / WAM November’s PMI signalled a strong upturn for the UAE’s non-oil private sector, and the sharpest pace of expansion since August, according to the latest UAE PMI survey. “Steep growth in both output and new business contributed to the latest improvement in business conditions. Furthermore, firms responded to higher output requirements by increasing buying activity at the fastest ...

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Central Bank’s foreign assets up 54.7 percent in first 10 months

ABU DHABI / WAM Current account balances and deposits of the UAE Central Bank with banks abroad rose 54.7 percent or AED80.8 billion in the first ten months of the year to AED228.7 billion from AED147.8 billion in the same corresponding period last year, according to figures released by the Central Bank. The sustained, robust growth of foreign deposits since ...

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