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UAE’s non-oil foreign trade up 27% to AED900bn in H1 2021

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Abu Dhabi / WAM The UAE’s non-oil foreign trade recorded a 27% growth in H1 2021 compared to H1 2020, indicating a rapid recovery in the country’s non-oil foreign trade and its return to growth trajectory. This also indicates a 6% growth in the country’s non-oil foreign trade compared to the pre-pandemic level in 2019. According to preliminary data released ...

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FAB joins UAE’s endeavours for net-zero carbon emissions

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Abu Dhabi / WAM The First Abu Dhabi Bank (FAB) has announced that it is joining the Net-Zero Banking Alliance (NZBA), becoming the first UAE and GCC bank to join the alliance. As part of this commitment, FAB will enable its clients to transition towards a climate-neutral economy through innovative financing and advisory services. FAB puts sustainability at the core ...

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Golden list project of local industrial products launched in Abu Dhabi

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ABU DHABI / WAM The Abu Dhabi Department of Economic Development (Added) has launched the golden list project of the industrial products in Abu Dhabi, in collaboration with the Department of Government Support (DGS). This project is part of the Abu Dhabi Local Content Programme (ADLC) launched by the Industrial Development Bureau (IDB) to encourage the companies and establishments that ...

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