Ipic net profits rise to AED3.2bn
Net profits at the International Petroleum Investment Company (Ipic), a public joint stock wholly owned by the Abu Dhabi government, have increased to AED 3.2 billion from AED 3 billion during the first half of 2013, the company announced.
UAE shares gain as investors remain bullish after Expo win
UAE’s stock measures gained on Monday as investors remained bullish after last week’s Expo win, which brought to Dubai the rights to host the event in 2020.
UAE economy to see a mixed reaction from Expo 2020 announcement
Wednesday night’s announcement that Dubai will host Expo 2020 will have a mixed immediate impact, driving up stocks and job opportunities, while consumer prices remain relevantly unchanged.