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January 24, 2021
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Category: Industry

Industry

AED19.7 bn in credit facilities to non-resident clients in 11 months

January 21, 2021January 22, 2021

ABU DHABI, Credit facilities provided by UAE national banks to non-resident clients rose by AED19.7 bn from January to November 2020, statistics by the Central Bank of the United Arab …

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Industry

Dubai Economy shuts down 2 shops, finds 32 violations of COVID-19 guidelines

January 20, 2021January 21, 2021

DUBAI, Dubai Economy shut down a money exchange and a document processing services outlet yesterday for violation of the precautionary measures in place against COVID-19.

Field inspections conducted across open …

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Industry

Empower reveals AED901m net profit in 2020 with 3.4 percent growth

January 20, 2021January 21, 2021

DUBAI, Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, reported a net profit of AED 901 million with a total revenue of AED 2.26 billion …

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Industry

Consumer Confidence Index at highest level since 2017, says Dubai Economy

January 19, 2021January 20, 2021

DUBAI, Dubai saw its Consumer Confidence Index during the last quarter of 2020 rising to the highest level since the third quarter of 2017. The Q4 2020 Index of 142 …

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Industry

Foreign businesses operating in UAE grew to 3209 by December 2020

January 19, 2021January 20, 2021

ABU DHABI, The total number of Gulf and other foreign companies operating in the UAE grew by 3.5 percent to 3209 by December 2020 compared to November same year, according …

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Industry

Abu Dhabi Executive Council restructures board of Al Ain Farms For Livestock Production

January 18, 2021January 19, 2021

ABU DHABI, Abu Dhabi Executive Council has issued a resolution to restructure the board of Al Ain Farms For Livestock Production, chaired by Mubarak Mattar Al Humairi.

Members of the …

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