ABU DHABI / WAM In implementation of the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the UAE has announced that it will invest $10 billion with the Indonesia’s sovereign wealth fund – Indonesia Investment Authority. Investments will focus on strategic sectors in Indonesia, ...

ABU DHABI / WAM The Federal Competitiveness and Statistics Centre’s figures revealed that the UAE’s industrial exports in the first 10 months of 2020 were valued at AED84.2 billion. These figures highlight the key role of the industrial sector in driving national economic development and its ability to maintain its activity despite the negative economic repercussions of the coronavirus (Covid-19) ...

ABU DHABI / WAM Despite a slower and only marginal improvement in business conditions around the world, to the tune of AED35 billion in cash dividends for 2020 have been proposed to date by 51 companies listed in the UAE capital markets, according to data released by the listed firms. Banks are the largest distributors of profits, with nine banks ...