ABU DHABI / WAM Non-oil trade exchange between the United Arab Emirates and the Kingdom of Saudi Arabia has reached AED417.6 billion over the past five years, Sultan bin Saeed Al Mansouri, Minister of Economy, has stated. Non-oil exchange between the two countries reached AED107.4 billion in 2018, a surge of 35% over 2017, reflecting the strength of the strategic …

ABU DHABI / WAM Modon Properties – a development company mandated by the Abu Dhabi government to build sustainable communities and develop strategic mixed-use projects in the emirate – has awarded the infrastructure project of the phase 1 south of Riyadh City, Abu Dhabi’s largest housing development named in recognition of the “longstanding ties” with Saudi Arabia. The AED1.53 billion …

Dubai / WAM Zayed Water donated 100% of its profits to Emirates Red Crescent (ERC), to fund 12 water wells in 7 countries namely Sierra Leone, Niger, Togo, India, Pakistan, Tajikistan and Kyrgyzstan. The donation was made at an event held at the ERC office in Dubai, attended by representatives from the Sierra Leone embassy in the UAE, Al Ihsan Charity …