Recent Posts

NBAD MENA issues 2% dividend

ABU DHABI / WAM The MENA Income and Growth Fund of the National Bank of Abu Dhabi (NBAD) earned dividend income equivalent to AED2,832,060.85 which equates to an annualised yield of 4.00 per cent during the period from 5th February, 2016, to 4th August, 2016. Eligible investors who had successfully subscribed to the fund by 4th August, 2016, were entitled ...

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Dubai-UK trade at AED6.7bn in Q1

DUBAI / WAM Dubai Customs is committed to reinforcing co-operation and co-ordination with the foreign diplomatic corps in order to boost Dubai’s foreign trade. The Dubai-UK trade reached AED29.7 billion in 2015, and AED6.7 billion in the first quarter of this year with imports accounting for AED4.6 billion, exports at AED393 million, and re-exports worth AED1.66 billion, he noted.

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WFES to showcase profitable clean energy solutions

  Abu Dhabi / WAM With the cost of solar energy plummeting, the World Future Energy Summit 2017 (WFES) will showcase an unprecedented range of financially profitable clean energy solutions, opening up opportunities for green tech companies as the MENA region moves to achieve ambitious sustainability targets. Figures from the International Renewable Energy Agency (IRENA) show that the installed cost of ...

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