The Department of Finance- Abu Dhabi, DoF, has announced that the ‘Al Maqta’a bidding hall’ processed tenders worth more than AED10 billion, from ten different government entities in Abu Dhabi, during the first half of 2017. The tenders managed by ‘Al Maqta’a bidding hall’ included infrastructure projects in Abu Dhabi.

As the largest, most populated city in the United Arab Emirates (UAE), Dubai has been ranked the 7th most visited city in the world, seeing millions of tourists each year with a projected estimated of 20 million overnight visitors by 2020.

In excess of AED204 billion of investments are generated by 201 plastics plants operating in Abu Dhabi, according to the Industry Development Bureau of the Abu Dhabi Department of Economic Development. The revelation came during a workshop organised by the bureau as part of the ADDED's 'Industry Dialogue' initiative, aimed at bolstering an investment-conducive environment at the industrial sector and cementing channels of communications between manufacturers. 

Emaar continued its rising streak Tuesday, setting a new record of AED8.37, the highest in several months, amidst mounting liquidity that spurred the gains held by the markets at the end of today's session.

The UAE stock markets started the first session of the week on a slight rise, with some traders offsetting their options in the build-up to the closure of July accounts.