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UAE GDP growth of 18.8% at current prices in 2021: FCSC

  ABU DHABI / WAM The Federal Competitiveness and Statistics Centre (FCSC) announced that the country’s gross domestic product (GDP) grew at constant prices by 3.9 percent, and at current prices by 18.8 percent in 2021. The centre’s data issued on Tuesday showed that GDP at constant prices increased to AED1.499 trillion in 2021 from AED1.442 trillion in 2020 while ...

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Abu Dhabi firm to build AED1b luxury resort in Ras Al Khaimah

  RAS AL KHAIMAH / WAM Abu Dhabi National Hotels (ADNH), a listed company at Abu Dhabi Securities Exchange operating hotels, catering, tours and transportation, has acquired a prime plot on Al Marjan Island to develop a AED 1 billion luxury Resort with 1,000 rooms, spread over 1 million square feet overlooking the Arabian Gulf. The investment highlights the appeal ...

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UAE leaders wish President of Nepal on Constitution Day

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Bidya Devi Bhandari of Nepal on the occasion of her country’s Constitution Day anniversary. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, also sent similar messages to President Bhandari.

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