Abu Dhabi / WAM The UAE federal government departments’ total expenses amounted to AED31.5 billion in nine months, according to official figures released by the Ministry of Finance as part of a report on the financial performance report on the implementation of the country’s general budget. Public services’ expenses totalled around AED10.4 billion, accounting for 33 percent of total federal ...

Abu Dhabi / WAM First Abu Dhabi Bank (FAB) announced the latest score of its Wealth Sentiment Index (WSI), which remained stable at 1052.78 in October, compared to 1,052.94 in September this year. The October score reflects a range of factors, including an increase in oil prices, a fall in inflation, which reached its lowest level since August 2016, and ...

Abu Dhabi / WAM Mobile phone subscriptions in the UAE reached 19.7 million by the end of September, according to official statistics released by Etisalat and du, the only telecommunications operators on the local market. The figures indicate a 2.2 percent increase in the number of subscribers in the post-paid and pre-paid mobile phone services during the first nine months ...