ABU DHABI / WAM The central bank announced that the money supply aggregate M1 increased by 0.6%, from AED884.1 billion at the end of June 2024 to AED889.3 billion at the end of July 2024. This was due to AED0.2 billion and AED5.0 billion rise in currency in circulation outside banks and monetary deposits,respectively. The money supply aggregate M2 increased …

DUBAI / WAM Dubai Chambers has signed a memorandum of understanding with DMCC (Dubai Multi Commodities Centre) aimed at enhancing Dubai’s position as a global destination for digital investments. The agreement will provide access to comprehensive service packages for companies looking to launch and expand from Dubai to the world by leveraging the promising investment opportunities available in key digital …

ABU DHABI/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has emphasised the importance of strengthening regional and global strategic collaborations and partnerships in the fields of artificial intelligence, advanced technology, energy, and climate, to support efforts in finding effective solutions to emerging climate challenges. During …