Abu Dhabi / WAM UAE stock markets closed on a high note Wednesday, defying a winning streak on profit booking by a number of investors, with the market value of trading companies posting decent gains of AED4.4 billion by the end of sessions. The realty, banking and investment sectors were the main driver for the positive sentiments, with investment firms ...

DUBAI / WAM According to the 2017 Global Investment Report published by the United Nation’s Council on Trade and Development (UNCTAD), the UAE is the 11th largest FDI recipient in Asia. Its main investors are the UK, Japan and Hong Kong. In 2016, the UAE attracted $8.9 billion, a 1.7 percent increase on 2015, with the political and economic stability ...

ABU DHABI / WAM UAE companies are using best-in-class technologies, and they have a very good presence in the US market, buying gas, producing petrochemicals and creating job opportunities, said Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry. The minister made the statements in a joint news conference Wednesday with US Secretary of Energy Rick Perry ...