ABU DHABI / WAM The value of non-oil foreign merchandise trade through Abu Dhabi ports increased to as much as AED51.8 billion from January to March 2019, 3.1 percent up from AED 50.2 billion in the comparable period last year, according to figures released by Abu Dhabi Statistics Centre (SCAD). This was the result of a 37.7 percent increase in ...

Bloomberg Oil rose, reversing earlier declines, as the European Central Bank said it may pump more stimulus into the region’s economy and the Organization of Petroleum Exporting Countries (Opec) and its allies made progress in setting a date to discuss extending supply cuts. Futures gained as much as 4.5 percent in New York. The Organization of Petroleum Exporting Countries and ...

ABU DHABI / WAM The United Arab Emirates drew up to AED111.7 billion in FDI flows during the period from 2016 through 2018, bringing its overall volume of foreign investments to circa AED511 billion. According to the World Investment Report 2019, released by the United Nations Conference on Trade and Development, the UAE ranked 27th globally in attracting FDI flows ...