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40 bus stops converted into taxi stands in Abu Dhabi

ABU DHABI / WAM The Integrated Transport Centre (ITC), in Abu Dhabi has announced that 40 bus stops have been converted into taxi stands on Abu Dhabi Island. The move aims to provide innovative solutions for parking management in Abu Dhabi, said a press statement issued by the ITC on Monday. This step aims to regulate and optimise the use ...

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UAE private sector employment rises to 5.1 million in Q2

ABU DHABI / WAM Positive macroeconomic developments during the first and the second quarters of 2019 reflected on the UAE labour market as employment in the private sector increased by 1.0 percent in Q2 to 5.1 million compared to a rise of 0.1 percent in the previous quarter, according to figures released by the Central Bank of the United Arab ...

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Dubai ranks eighth among global financial powerhouses

Dubai / WAM Dubai has risen up the ranks of the Global Financial Centres Index (GFCI), to number eight position, representing its highest-ever ranking. The city is the only financial centre in the Middle East, Africa and South Asia (Measa) region to appear within the top 10 rankings, placing it alongside other pivotal financial hubs such as London, New York, ...

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