ABU DHABI / WAM In yet another indicator of the growth in economic sentiments in the country, the number of ATM operated by banks in the UAE hit a total of 5219 by end of H1, an increase of 2% from 5118 in same period in 2016, according to UAE Central Bank statistics. The continual rise in ATMs in country ...

ABU DHABI / WAM The Abu Dhabi Events Licensing System (ELS), which was launched earlier during the year by Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) has experienced unprecedented growth of 19.5 percent in total applications between Q1 and Q2. About 9,002 applications covering all types of events were submitted during the first half of 2017.

DUBAI/ Reuters Abu Dhabi government-owned Al Hilal Bank has raised $100 million through a private placement of sukuk, or Islamic bonds, sources familiar with the matter said on Monday. The issue, led by First Abu Dhabi Bank, has a two-year maturity and offers 90 basis points over three-month London Interbank Offered Rate (Libor). The bank, an Islamic lender, issued a ...