Press Dossier   By Date  08/01/2022
DGCX closes 2021 with total value traded worth of around $150b
The Dubai Gold and Commodities Exchange (DGCX) has reported its 2021 full-year market statistics, with the exchange recording a yearly AOI sum of 1,985,584 contracts.
M1 increased to Dh686b at end of November 2021: Central Bank
The Central Bank announced that the Money Supply aggregate M1 increased by 2.1 per cent, from Dh671.6 billion at the end of October 2021 to Dh686.0 billion at the end of November 2021.
EDB, AD Ports Group sign MoU to provide financing solutions to industrial players
Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification and industrial transformation agenda, has signed an MoU with the Industrial Cities and Free Zone Cluster of AD Ports Group, to support the industrial sector in the emirate and the UAE.
New law for non-Muslims offers 'modern framework' to settle family disputes, says expert
A legal expert has praised Abu Dhabi's new personal status law for non-Muslim expats for offering a 'modern framework' to settle family disputes.
New privatization rules signed off in Saudi Arabia to encourage investors
Fairness, transparency, and feasibility will now all be taken into consideration before private public partnerships are given the green light in Saudi Arabia after a law change was signed off.
Investment in Saudi manufacturing market exceeds $4bn, minister says
The volume of investment in Saudi manufacturing products has exceeded SR15 billion ($4 billion) as of the end of September 2021, SPA reported citing the minister of industry and mineral sources.
Saudi Affordable House Co. to build $100m residential complex at SPARK
A subsidiary of Saudi Abdullah Bin Saedan & Sons, Real Estate Co. Affordable House has agreed to build a $100 million staff residential complex at King Salman Energy Park, known as SPARK.
TASI edges lower on omicron woes, new listings boost Nomu: Closing bell
Saudi Arabia’s main stock index, TASI, ended lower on Thursday as the rise in COVID-19 cases, of the omicron strain in particular, spooked investors.
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