ABU DHABI / WAM Accommodation & Food Services contributed AED32.5 billion in real prices to the 2018’s GDP, a growth of 4.2 percent on year, according to Federal Competitiveness and Statistics Authority (FCSA). In real (constant) prices, the sector’s contribution to non-oil GDP reached 6.8 percent during 2018, maintaining the high momentum it has created over the past years, driven ...

ABU DHABI / WAM Adnoc Distribution announced that its shares have been certified as Shari’a compliant based on the recent screening assessment made by The Unified Committee of Isla-mic Banks for Shari’a Screening of Equities — UAE. This certification enables brokerage arms of Islamic banks to trade Adnoc Distribution shares. Adnoc Distribution’s Acting CEO, Saeed Mubarak Al Rashdi, said, “We ...

Emirates Business Leading UAE-based technology and sustainability-driven facilities management (FM) company Farnek, has been awarded a five-year contract by Dubai Airports. Farnek, which will mobilise in excess of 800 cleaning staff to fulfil the contract, will be responsible for Terminals 1 & 2, Concourse D, Cargo & Logistics at Dubai International (DXB), as well as Dubai World Central (DWC). “Farnek ...