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UAE stock markets back in green

Abu Dhabi / WAM UAE stock markets are back in the green on Wednesday after profit-booking over the past two days, amidst upbeat sentiments comparatively with the past few days. The marked improvement came after shares plummeted to mouthwatering levels, spurring a buying spree by institutions and individuals alike who mostly targeted banking and real estate equities. ADX General Index ...

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Value of monetary deposits in UAE Central Bank hits AED123 billion

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Bloomberg The total value of monetary deposits at the UAE CentralBank amounted to AED123 billion during H1 2017, AED122.95 billion of which are in banknotes and AED50 million in coins. On a month-over-month basis, the deposits increased by 20.5 percent, rising from AED102 billion in May to AED123 billion in June, according to Central Bank statistics released recently. The month ...

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UPC urges to ‘push boundaries of what is possible’

ABU DHABI / WAM Abu Dhabi Urban Planning Council (UPC) is encouraging government officials, urban planners and developers to ‘push the boundaries of what is possible’ during a series of workshops on the Hudayriat Island Master Plan. The UPC held its second of five stakeholder workshops, which helped shape the concept master plan set to be submitted by the end ...

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