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Currency News

The UAE's largest fuel distributor, ADNOC Distribution, says it can help ...

16 May 2018 00:54CNBC
ADNOC Distribution, the largest fuel and convenience retailer in the United Arab Emirates (UAE), can play a role in the region's economic transformation, its deputy chief executive told CNBC Wednesday. more

History of the UAE through its currencies and coins

30 Nov 2017 06:02gulfnews.com
Dubai: You have them in your pockets and take them wherever you go. But do you know what they're worth apart from their face value? more

Zelan revises upwards claims against UAE's Meena Holdings to 555.9m dirham

04 Aug 2017 08:18The Edge Markets MY
KUALA LUMPUR (Aug 4): Zelan Bhd has revised upwards its claim against United Arab Emirates (UAE)-based Meena Holdings LLC to 555.9 million UAE dirham (RM647.5 million), from 452.75 million dirham previously. In a filing to Bursa Malaysia today, ... more

INTERVIEW: Drake & Scull's new shareholder set to open doors for new project wins

21 Jun 2017 22:45Zawya
As part of this strategy, DSI announced to the Dubai Financial Market it had secured a binding offer from Tabarak Investment for a capital injection of 500 million UAE dirhams. Kilani added that the “strategic synergies” between DSI and Tabarak would ... more

UAE, India issue joint statement at the end of Mohammad Bin Zayed's visit to India

26 Jan 2017 06:08gulfnews.com
The two sides underlined the importance of the MoU on the Indian Rupee and UAE Dirham Bilateral Currency Swap Arrangement between Reserve Bank of India and the Central Bank of the United Arab Emirates concluded during the Crown Prince's ... more

Falling dirham is mixed blessing for UAE

25 Jan 2017 23:40Business Recorder (registration) (blog)
The sliding dirham is squeezing margins at many large trading firms in the United Arab Emirates -- but local hotels and manufacturers are booming in the face of rising European demand. more

Rupee drops again, touches 18.61 vs UAE dirham

11 Jan 2017 06:21Khaleej Times
The rupee was trading lower by 7 paise at 68.25 (18.61 UAE dirham)against the American currency in early trade on Wednesday after the dollar gained strength overseas. more

Abu Dhabi fund launching ETF to invest in UAE large caps

27 Jun 2016 09:48Reuters
Afkar Capital, which was founded at the end of last year, is launching the UAE dirham-denominated fund despite volatility in local equity markets because of low oil prices and global economic instability. more
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