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Abu Dhabi’s GDP rises 3.3% to AED226 billion in Q1 2019

ABU DHABI / WAM Abu Dhabi’s gross domestic product (GDP) at current prices for Q1 2019 rose by 3.3 percent to AED226 billion, compared to AED219 billion in the first quarter of 2018. The Abu Dhabi’s GDP at constant prices rose to AED207 billion in the first quarter of 2019, compared to AED196 billion for the same quarter of 2018, ...

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Eshraq Investments posts AED4m profit in first-half

Abu Dhabi / Emirates Business Eshraq Investments PJSC, the Abu Dhabi based investment company listed on Abu Dhabi Securities Exchange (ADX), reported a net profit of AED 4 million for the period ending on June 30, achieving another profitable half yearly result under the new management. Eshraq’s diversification pla-ns continued to pay off with each of its business divisions recording ...

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WeWork to launch first UAE location at Hub71

Abu Dhabi / Emirates Business WeWork announced the launch of its first location in the United Arab Emirates in early 2020 at Hub71, a global tech ecosystem based in Abu Dhabi Global Market Square at Al Maryah Island. Alongside Hub71, WeWork will open over 5,000 square meters of collaborative and inspirational workspace tailored to tech companies (VCs) universities, corporates and ...

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