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UAE’s public spending in Q1 reaches AED87.4bn

  Abu Dhabi / WAM The UAE’s public spending in the first quarter of 2022 totalled AED87.4 billion, an increase of 19.6 percent and equivalent to AED14.34 billion, compared to AED73.7 billion in the same period of the previous year, according to statistics from the Ministry of Finance. The figures also highlighted the fact the country’s public spending in first ...

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DIFC launches first ‘global family business, private wealth centre’

Dubai / WAM The Dubai International Financial Centre (DIFC) announced the launch of the first Global Family Business and Private Wealth Centre (Centre) in the region and worldwide. DIFC is the first financial centre in the world to create a unique offering at a time when an estimated AED3.67 trillion ($1 trillion) in assets will be transferred to the next ...

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Enoc opens new compact station in UAQ

  Dubai / WAM Enoc group on Monday announced the opening of a new compact service station in Al Salamah 1, Umm Al Qaiwain, making it the second service station in the emirate. The expansion is part of the group’s long-term strategic plan to strengthen its retail presence across the UAE. Spread across 18,800 square feet, the new compact station ...

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