Strong wealth fund growth boosts UAE fiscal stability

Submitted by WAM on

Abu Dhabi, June 25, 2008 (WAM) - When oil prices were as low as US$10-20 a barrel two decades ago, the UAE seriously considered borrowing from the local market to finance its swelling budget defici

DIFC Week 2008 to focus on regional growth prospects

Submitted by WAM on

Dubai, June 24, 2008 (WAM) - The Dubai International Financial Centre (DIFC) yesterday announced that DIFC Week, its prestigious annual programme of conferences featuring the world's foremost finan

UAE-Japan to benefit from FTA

Submitted by WAM on

Abu Dhabi, June 24, 2008 (WAM) - The UAE needs to offer concessions to Japan to sign a free trade agreement (FTA) and ensure that both countries would benefit from the deal, according to a prominen

ASEAN Board likely to begin trading in mid-2009

Submitted by TNA on

Bangkok, June 24 (TNA) - The unified Southeast Asian stock market known as the ASEAN Board is expected to begin the dual-listing trading of stocks in the middle of next year, according to the Stock

SAMA honored by UN

Submitted by SPA on

New York, June 24, SPA -- The Saudi Arabian Monetary Agency (SAMA)
was awarded the United Nations General prize for launching electronic

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