ABU DHABI / WAM The UAE Central Bank’s reserve of gold bars amounted to AED1.129 billion by the end of October, a growth of 11.2% from AED1.015 billion by the end of 2016. The month of April saw the CB resuming gold holdings after eight years during which the banks’ reserves were confined to a foreign currency basket, primarily US …

Dubai / Emirates Business Dubai breaks into the Top 30 Global Cities ranking for the first time, according to JLL’s annual Global Cities Ranking, ‘Global300’ survey focused on evaluating 300 cities that are centered around commercial real estate activity. Ranking 27th place out of the 300 cities surveyed, Dubai moved up ranking in each successive year from 36th place in …

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has said that the 46th National Day is testimony to the fact that no matter what the challenges are, the determination of honest leaders to prioritise the wellbeing and prosperity of citizens over everything else always prevails. In a statement issued through the …