Dollar to stay as UAE reserve currency

Submitted by WAM on

The current weakness in the dollar is a "temporary situation" and nothing could replace it as a reserve currency, the UAE Central Bank Governor Sultan Bin Nasser Al Suwaidi said on Sunday according

DFM performance May 2009

Submitted by WAM on

Dubai Financial Market overall performance increased by 17 percent to reach 1878.09 points at the end of May 2009 compared to 1605.51 points at the end of April.

Istanbul flights set to boost UAE-Turkey relations

Submitted by WAM on

The development of political, economic, cultural and tourism bonds between the UAE and Turkey will be further enhanced with the launch of Etihad Airways' new flights to Istanbul from Monday 1 June.

X