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Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade said that the UAE continues to leverage its global presence by opening up to the world and expanding its network of trading partners through comprehensive economic partnership agreemen…

The Engineering Export Council (EEC) of Egypt has announced that the sector’s exports increased by 10% to $3.32bn from January-November 2022, compared to $3bn in the same period in 2021.According to the EEC’s monthly report, the most notable industries…

China’s foreign exchange reserves rose to US$3.1277 trillion at the end of December 2022, up 0.33 percent from a month earlier, data from the State Administration of Foreign Exchange showed Saturday, Chinese News Agency, Xinhua, reported.The foreign ex…

A total of 2,173 real estate transactions worth over AED 10 billion were conducted during the week ending 6 January 2023, according to figures released by the Dubai Land Department (DLD).A total of 270 plots were sold for AED 2.25 billion, 1,903 apartm…

The market cap of Arab stock exchanges exceeded $4 trillion by the end of 2022, according to the Arab Monetary Fund (AMF).In a press statement today, the AMF said that the market value of the Abu Dhabi Securities Exchange reached $714.6 billion in the …

The Ministry of Human Resources and Emiratisation (MoHRE) has announced that it has applied financial contributions to private sector companies for failing to achieve the Emiratisation targets stipulated for the year 2022.This is in line with the imple…

FUJAIRAH, In a nationwide first, the National Bank of Fujairah (NBF) has announced the introduction of “CVVkey”, a proven solution to online card fraud that can be used across all credit and debit cards issued by the bank.CVVkey will be a key element i…

The price of OPEC basket of thirteen crudes stood at US$82.07 a barrel on Tuesday, compared with $81.29 the previous Friday, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Alge…