Abu Dhabi / WAM The Central Bank announced that the Money Supply aggregate M2 increased by 0.9%, from AED 1180.4 billion at the end of June 2016 to AED1191.2 billion at the end of July, 2016. The Central Bank also announced that the Money Supply aggregate M1 decreased by 2.3%, from AED481 billion at the end of June, 2016, to ...

  Abu Dhabi / Emirates Business dubizzle – UAE’s leading classifieds platform – reveals impressive savings on essentials for the home through its Items for Sale section, compared to the average price of similar brand-new items. By calculating the average costs of home essentials listed on dubizzle over the past year, the platform revealed that furnishing a studio flat* and ...

  AFP The latest European challenge to the all-powerful US credit ratings agencies doesn’t come from the continent’s financial capital Frankfurt — but Berlin, better known for raves than banking. “We want to become the European voice on the ratings market,” declares Torsten Hinrichs, chief executive of Scope Ratings. From his office overlooking the huge Tiergarten park, once the hunting ...