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Sharjah supports low-income families with AED10.3 million

  Sharjah / WAM The Sharjah Charity International (SCI) announced that its monthly assistance targets the needy category of people with low-income families in order to guarantee them a decent life and meet their living needs government aid. The association was able to provide monthly aid throughout the first half of this year, with a financial value of AED10.3 million, ...

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UAE’s public spending in Q1 reaches AED87.4bn

  Abu Dhabi / WAM The UAE’s public spending in the first quarter of 2022 totalled AED87.4 billion, an increase of 19.6 percent and equivalent to AED14.34 billion, compared to AED73.7 billion in the same period of the previous year, according to statistics from the Ministry of Finance. The figures also highlighted the fact the country’s public spending in first ...

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DIFC launches first ‘global family business, private wealth centre’

Dubai / WAM The Dubai International Financial Centre (DIFC) announced the launch of the first Global Family Business and Private Wealth Centre (Centre) in the region and worldwide. DIFC is the first financial centre in the world to create a unique offering at a time when an estimated AED3.67 trillion ($1 trillion) in assets will be transferred to the next ...

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