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Stock markets back in green

ABU DHABI / WAM UAE stock markets were back in the green Wednesday thanks to a streak of selective buys of blue chips at the property and banking sectors, with ADX General Index closing high 0.30 percent at 4487 points, despite the tranquil start of trading. DFM General Index followed suit, closing at 3624, a growth of 13 points over ...

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Expansion, investments to fuel UAE’s logistics sector growth

DUBAI / WAM Expansion projects and new investments are expected to fuel growth within the UAE’s logistics sector over the next five years, according to a recent analysis by the Dubai Chamber of Commerce and Industry. The positive outlook is supported by expectations of strong growth in the country’s air and sea freight markets. The analysis, based on recent data ...

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ADFD pledges aid to Dar Zayed for Family Care

SHARJAH/ WAM The Abu Dhabi Fund for Development (ADFD), a leading national entity for development aid, on Wednesday announced a financial endowment to Dar Zayed for Family Care. The monetary aid will empower the UAE society through community development efforts. A cheque-handing-over ceremony was held at the ADFD’s headquarters and attended by Khalifa Al Qubaisi, Deputy Director-General of ADFD, and ...

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