Abu Dhabi / WAM The Abu Dhabi Gross Domestic Product (GDP) increased, as per the current prices, by 6.00 percent during the 1st quarter of 2016, compared to the same period in 2015 on the back of an 8 percent rise in the added value of oil businesses and a 5.1 percent increase in non-oil businesses. This came in ...

  Dubai / Emirates Business International Expo Consults (IEC), a branch of Falak Holding, stated that exhibitors at this year’s Dubai Entertainment and Amusement Leisure (DEAL) show have signed contracts worth over US$1.66 billion. The DEAL show grew by 30 percent last year over the previous years as exhibitors signed contracts for innovative products and projects, amusement rides and other ...

  KUWAIT / WAM Total proved reserves of members of the Organisation of Arab Petroleum Exporting Countries (OAPEC), amounted to 710 billion barrels, accounting for 55.6 percent of the world’s total reserves, in early 2017, the organisation said. Total gas reserves held by the eleven members of the organisation stand at 54 trillion cubic metres, or 27.7 per cent of ...