ABU DHABI / WAM The Central Bank announced that the Money Supply aggregate M1 decreased by 0.9 percent from AED 493.4 billion at the end of April, 2016, to AED 488.9 billion at the end of May, 2016. The Money Supply aggregate M2 decreased by 1.4 percent, from AED 1203.1 billion at the end of April, 2016 to AED …

  DUBAI / WAM Nasdaq Dubai welcomed the listing on Sunday of a US$400 million conventional bond by the Industrial and Commercial Bank of China (ICBC). It was the second bond to be listed by ICBC on the Middle East’s international exchange, following a $500 million listing in May, 2015. The new listing underlines the continuing expansion of capital markets links …

  SHANGHAI / WAM Sharjah International Airport Authority (SIAA) participated for the first time in the Air Cargo China Exhibition and Conference 2016, which took place from June 14th to 16th at the Shanghai New International Expo Centre. At the show, the SIAA demonstrated the latest improvements, services and facilities provided by Sharjah International Airport, as well as the many opportunities …