Recent Posts

UAE’s auto loans dip 7.6%

ABU DHABI / WAM Auto loans declined by 7.6 percent while property financing increased 2.9 percent during 2019, according to the statistics of the central bank of the United Arab Emirates. The apex bank’s figures indicated a drop of 2.3 percent in retail loans allocated to households in a sign reflective of an increased tendency towards spend optimisation among individuals. ...

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UAE announces 1,146 new recoveries from Covid-19

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 102,379 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...

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Over 200 tonnes of aid sent to Sudan flood victims

Fujairah / WAM The Fujairah Charitable Society sent 200 tonnes of food and clothing to Sudan, as part of UAE’s humanitarian aid bridge provided by UAE to Sudanese people following the floods that hit the country. The aid was delivered with the support and directives of HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah. ...

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