ABU DHABI / AGENCIES Abu Dhabi’s Mubadala Investment Company on Monday released its full-year 2018 annual review showcasing operational performance and significant scale across sectors with strong growth potential. Despite global macroeconomic turbulence in the fourth quarter of the year, the group delivered stable financial results, with total comprehensive income at AED12.5 billion. In line with Mubadala’s strategy to diversify ...

Abu Dhabi / WAM The balance of the UAE Central Bank’s deposit certificates rose to record levels during the first half of 2019, reaching around AED155.8 billion at the end of June, according to statistics issued by the bank highlighting its policy of withdrawing surplus liquidity. The value of surplus liquidity withdrawn in June amounted to around AED8.8 billion. The ...

ABU DHABI / WAM The Ministry of Foreign Affairs and International Cooperation (MoFAIC) announced signing of a mutual entry visa exemption agreement between UAE and Equatorial Guinea, which come into force from July 28. The agreement stipulates that UAE citizens may travel to Equatorial Guinea and stay up to 90 days without requiring pre-entry visa. It also stipulates that holders ...