ABU DHABI / WAM The UAE Government adopted the launch of the Industrial Development Strategy 2030, with a view to develop and build the capacities of the UAE industrial sector. The strategy includes developing a road map to achieve a number of objectives within a specific time frame, establish a set of enablers that would increase the contribution of the ...

ABU DHABI / WAM Senaat, one of the largest industrial investment holding companies in the UAE, announced that it has successfully issued AED1.1 billion ($300 million) through a fixed rate senior unsecured US dollar denominated RegS sukuk with a 7 year tenor. The issue follows a series of investor meetings which took place in Europe and Asia, as well as ...

Emirates Business The economic outlook for UAE is set to accelerate to 2 percent this year, up from the eight-year low of 0.8 percent in 2017, supported by rising oil prices, regional economic recovery, higher public spending and investment and a build-up in business momentum, according to ICAEW’s latest Economic Insight report. The accountancy and finance body says the non-oil ...