UAE Offered AED39 Bn In Grants In Nine Months Of 2017Source: www.export-egypt.com 3/27/2018, Location: Middle East |
|
|
|
Grants offered by the UAE inside and outside the country stood at AED39 billion during the first nine months of 2017 an increase of 44.8 percent over the same period of 2016 when it reached AED15.9 billion according to statistics by the Central Bank of the UAE.
"Grants provided by the UAE in the first half of 2017 reached AED27.7 billion as compared with only AED1 billion in the corresponding period of 2016,'' statistics showed. The figures of the apex bank, which are based on the Ministry of Finance data, show that the grants provided in the first nine months of 2017 constituted 9.7 percent of the total government spending. This included spending of both the federal government and the individual emirates, which stood at about AED401 billion. The UAE has been ranked as the world's largest donor of official development aid, relative to its national income, according to the Organisation for Economic Co-operation and Development, OECD. The official development aid provided by the UAE during 2016 reached AED15.57 billion. |
|
Financials and Investment News in United Arab Emirates >> |
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
United Arab Emirates Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | |