ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), has been named the UAE’s most valuable brand for a second consecutive year by Brand Finance, the world’s leading brand valuation and strategy consultancy. Adnoc’s $11.39 billion (AED41.83 billion) 2020 brand value, a 28.6% increase over the previous year and a 145% increase since the launch of its transformation ...

Bloomberg President Donald Trump said he’s begun talks with World Trade Organisation (WTO) director-general Roberto Azevedo on changing the structure of the body, which he complained has been unfair to the US. Azevedo will travel to the US for negotiations, Trump said on Wednesday at a news conference to close his visit to the World Economic Forum annual conference in ...

ABU DHABI / WAM The UAE central bank announced that money supply aggregates for currency circulation outside banks and monetary deposits (M1), increased by 0.5%, from AED512.1 billion at end of November 2019 to AED514.8 billion at the end of December 2019. According to a statement by central bank, money supply aggregates, M2, increased by 2.2%, from AED1,380.5 billion at ...