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Total Bank Credit To Realty Sector Amounts To AED281.2 Billion By H1 Bank financing provided to the property and construction sector in the UAE increased by AED16.5 billion during H1 2017, a growth of 6.2 percent from the end of 2016, bringing to AED281.2 billion the total bank credit channeled to the sector by the end of June.
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UAE-US Non-Oil Trade Amounts To Over AED111.1 Billion In 2016: Minister Of Economy Non-oil trade between the UAE and the USA hit more than AED111.1 billion - US$30.3 billion- by the end of 2016, including free zone trade, against $27.8 billion in 2015, said Sultan bin Saeed Al Mansouri, Minister of Economy.
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Eagle Hills Signs AED 300 Million Financing Facility For The Address Fujairah Resort + Spa Eagle Hills, an Abu Dhabi-based private real estate investment and development company, has signed a AED 300 million facility with the National Bank of Fujairah (NBF) to finance the ongoing construction of The Address Fujairah Resort + Spa, a luxury hotel and residential development in Fujairah.
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Mohamed Bin Zayed Commits US$5 Million To Global Alliance For Vaccines And Immunisation His Highness Sheikh Mohamed bin Zayed has provided US$33 million for the work of the Global Alliance for Vaccines and Immunisation, GAVI, from 2011 to 2015.
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The Mall At World Trade Center Abu Dhabi Announces Its Biggest Surprise For Eid Al Adha Famous and loved Arabic singer and actor Hamada Helal is confirmed to give an enjoyable performance with his famous kids’ songs at the first day of Eid Al Adha.
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NMC Receives Final Batch Of Takatof Volunteers To Participate In Managing The UAE Pavilion At Expo 2017 Astana The fourth and final batch of Takatof volunteers who are responsible for operating the UAE Pavilion at Expo 2017 Astana have joined the effort in the Kazakh capital.
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Etihad Aviation Group Recognises Partnership With Women For Emirati Women’s Day Etihad Aviation Group (EAG) is celebrating the third annual Emirati Women’s Day with a series of events to highlight this year’s theme, Women are partners in giving, in line with the UAE’s 2017 Year of Giving initiative.
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EMC Partners With ADIB To Offer Unique Finance Deals To Mercedes-Benz Customers Mercedes-Benz customers in Abu Dhabi can now benefit from unique finance options for their vehicle due to a new partnership agreement between Emirates Motor Company (EMC), Mercedes-Benz Finance and Abu Dhabi Islamic Bank (ADIB).
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Abu Dhabi Prices Dip In Face Of Volatile Sentiment According to the latest analysis from Core Savills, Abu Dhabi’s real estate market is witnessing a period of change having an overall beneficial effect on the market fundamentals, with offer and demand in the process of readjusting to more sustainable levels.
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UAE President Issues Excise Tax Decree-Law Targeting Select ’Harmful’ Products His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, has issued Federal Decree-Law No. 7 of 2017 on Excise Tax, which will be imposed on select products, determined by the Council of Ministers and suggested by the Minister of Finance.
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