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Sheikh Mohamed, Israeli PM discuss bilateral relations

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received a phone call from Israeli Prime Minister Benjamin Netanyahu, to discuss the progression of bilateral relations in view of the peace accord the two countries recently signed. The officials also reviewed the steps ...

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Dubai’s non-oil external trade hits AED551 billion in H1 2020

Dubai / WAM Dubai recorded AED551 billion worth of non-oil external trade in the first half of 2020. The emirate’s ability to minimise the impact of the pandemic-induced global economic slowdown on its trading sector reflects its exceptional logistics infrastructure, which enabled it to maintain uninterrupted trade flows and a streamlined supply chain. Imports accounted for AED320 billion, exports AED77 ...

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Fund transfers between UAE’s banks hit AED6.3tn

Abu Dhabi / WAM The total value of fund transfers among the UAE’s banks amounted to AED6.307 trillion during the first eight months of this year, according to the statistics released by the central bank of the UAE. The bank fund transfers during the reference period hit AED4.051 trillion, while individual transfers stood at AED2.255 trillion. The transactions are made ...

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