UAE seizures of Captagon, crystal meth up 280% in 2016

Abu Dhabi: Around 45 million Captagon pills worth an estimated Dh450 million were seized last year, Colonel Saeed Al Suwaidi, Director General of the Anti-Narcotics Department at the Ministry of Interior, told an international forum held in Abu Dhabi on ... ( read original story ...)

OPEC compliance with cuts rises in March as UAE trims supplies

OPEC oil output is likely to fall for a third straight month in March, a Reuters survey found on Wednesday, as the United Arab Emirates made progress in trimming supplies while maintenance and unrest cut production in exempt nations Nigeria and Libya. ( read original story ...)

Amnesty says UAE sentences dissident professor to 10 years

... International said a court in the United Arab Emirates had sentenced a dissident professor to 10 years in prison for online activism on Wednesday, calling the move a violation of free speech. State news agency WAM reported that an appeals court in the ... ( read original story ...)

Merged UAE banking giant seen earning bigger MSCI weighting

Dubai: A mega-merger of the two biggest banks in the UAE should leave the combined company with a larger representation on the benchmark emerging-market index, triggering hundreds of millions of dollars of inflows to the stock, according to calculations by ... ( read original story ...)

DIB launches Panin Dubai Syariah Bank in Indonesia

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has launched Panin Dubai Syariah Bank in Indonesia, following its acquisition of 40 per cent shares in PT Bank Panin Syariah Tbk. DIB had acquired around 25 per cent shares of Bank Panin ... ( read original story ...)