ABU DHABI / WAM The hotel guest night revenues across the Emirate of Abu Dhabi increased 22 percent during July 2018 as compared to June of the same year, according to the Statistics Centre — Abu Dhabi (SCAD) SCAD estimated the YoY growth at 4.5 percent and attributed it to the robust tourist infrastructure boa-sted by Abu Dhabi in terms ...

DUBAI / WAM Essa Kazim, Governor of Dubai International Financial Centre (DIFC), has received Cao Gua-ngjing, Vice-Governor of the People’s Government of the Hubei Province in China. During the visit, the parties discussed collaboration opportunities as part of China’s Belt and Road Initiative. In addition, new areas of growth that would be of interest and benefit to Chinese institutions based ...

SHARJAH / WAM The Sharjah FDI Office, known as Invest in Sharjah, has inked a Memorandum of Understanding (MoU) with the Italian Trade Commission (ITC) to expand bilateral investment prospects between Sharjah and Italy. Mohamed Juma Al Musharrkh, CEO of Invest in Sharjah, and Stefano Nigro, Director of the Foreign Investment Department at the ITC, signed the MoU. The new ...