ABU DHABI / WAM The UAE stock markets have maintained their competitive edge in the Gulf and Middle East region over the past period, as their average Price Earnings Ratio (P/E Ratio) stood at 12.43 times over the past 12 months, according to recent statistics released by the Abu Dhabi Securities Exchange and Dubai Financial Market. The most popular metric ...

DUBAI / WAM The number of visitors to the official portal of the UAE government (U.AE) exceeded 2.9 million during the first quarter of 2020, an increase of 56.63 percent from the first quarter of 2019, the Telecommunications Regulatory (TRA) announced. The authority added that there were four million visits to the portal in the first quarter of this year, ...

DUBAI / WAM Dubai-based airline, flydubai’s, grounded fleet has been undergoing a thorough scheduled maintenance programme following the announcement from the National Emergency Crisis and Disasters Management Authority and the General Civil Aviation Authority to suspend all passenger operations until further notice. The airline received guidance issued by the manufacturer to all Next-Generation Boeing 737 operators on scheduled maintenance tasks ...