Dubai / WAM The Dubai-based Jebel Ali Free Zone (Jafza) attracted 267 new companies from 48 countries around the world, in first half (H1) of 2017, marking a growth of 6 percent compared to the same period last year. Maintaining its position as a preferred investment destination for large-scale industrial and commercial projects coming into the UAE, the free zone …

Abu Dhabi / WAM UAE stock markets are back in the green on Wednesday after profit-booking over the past two days, amidst upbeat sentiments comparatively with the past few days. The marked improvement came after shares plummeted to mouthwatering levels, spurring a buying spree by institutions and individuals alike who mostly targeted banking and real estate equities. ADX General Index …

Bloomberg The total value of monetary deposits at the UAE CentralBank amounted to AED123 billion during H1 2017, AED122.95 billion of which are in banknotes and AED50 million in coins. On a month-over-month basis, the deposits increased by 20.5 percent, rising from AED102 billion in May to AED123 billion in June, according to Central Bank statistics released recently. The month …