ABU DHABI / WAM The value of investments of Emirati banks in Saudi Arabia and Egypt increased to AED90.4 billion ($24.6 billion) at the end of the first quarter of 2019, accounting for 15.5 percent of the banks’ total assets invested abroad, worth around AED582 billion in March 2018. According to statistics from the UAE Central Bank, the value of ...

DUBAI / WAM Emirates airline has announced the first arrivals of its double daily A380 services to Muscat. Flights EK 862 and EK 864 were each welcomed with water cannon salutes upon arrival, ushering in the new services to Oman’s capital, Muscat. EK862 departs Dubai at 08:25, arriving in Muscat at 09:40. The return flight, EK 863, departs Muscat at ...

DUBAI / WAM Dubai Chamber of Commerce and Industry has announced that it has joined more than 450 other chambers of commerce from around the world in signing the Chambers Climate Coalition, a groundbreaking global initiative that aims to take bold and collective climate action. The Coalition, unveiled during the 11th World Chambers Congress in Rio de Janeiro, commits chambers ...