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FTZ contribution to Islamic economy to reach $117bn

Dubai / Emirates Business The UAE’s free trade zones are using advanced information management tools to drive the doubling of the global free trade zone GDP, experts announced. Globally, the contribution of free trade zones to the Islamic Economy is set to double to USD 117 billion by 2021, according to a recent report by researchers Salaam Gateway. The UAE ...

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Central Bank monetary aggregate hits AED78.3bn in four months

ABU DHABI / WAM The total monetary aggregate issued in the UAE amounted to AED78.3 billion during the first third of 2017, an increase of AED790 million over the end of 2016, according to UAE Central Bank statistics. According to CB figures, the total banknotes issued by the bank by the end of April are valued at AED77.2 billion, a ...

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Salaries show uptrend in UAE: Report

Dubai / Emirates Business The 2017 Bayt.com Middle East and North Africa Salary Survey, conducted by Bayt.com, the Middle East’s number one job site, and YouGov, a leading market research agency, revealed that almost half (44%) of UAE respondents believe that salaries are increasing in the UAE, and 24% believe that they are staying the same. In terms of current ...

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