ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) announced that foreign investors’ purchases in February 2017 reached AED2.306 billion, representing 44.8 percent of total trades, whereas their sales stood at AED2.158 billion, representing 41.9 percent of total trades. In its statement, ADX added, “Subsequently, the net foreign investment in February reached AED148 million, whereas institutional investments in February ...

  ABU DHABI / WAM The Federal National Council (FNC) will hold the ninth and 10th meetings of the Second Ordinary Session of the 16th Legislative Chapter on Tuesday and Wednesday, during which members will discuss the federal draft law on taxation procedures. Under the chair of Dr Amal Abdullah Al Qubaisi, Speaker of the FNC, members will put two questions ...

  Dubai / WAM The Telecommunications Regulatory Authorities (TRA) on Sunday hosted the 1st Forum on Data Management in Dubai. The forum is being hosted in collaboration with the International Telecommunications Union (ITU) under the slogan, “Transforming data into value, expanding the IoT potential with a special focus on smart cities”. The forum welcomed participation from a wide group of experts ...