The UAE provided AED 10.5 billion in grants in the first half of this year.
That's according to the Ministry of Finance, which says the figure represents an increase of close to 56 per cent compared to the same period in 2018.
These grants include current or capital transfers from the federal government to government authorities, international organisations and foreign governments.
The total value of registered grants provided by the UAE in 2018 amounted to AED 13.3 billion.
UAE launches KYC platform for enhanced financial data
The UAE government has launched the Know Your Customer (KYC) digital platform, aimed at providing accurate, confidential data for financial transactions.
Volkswagen union signals strikes in December but talks continue
Volkswagen's union said it was gearing up for strikes across German factories from December 1 after talks over wages and unprecedented factory closures at Europe's largest carmaker failed to achieve a breakthrough on Thursday.
UAE trade delegation visits Finland, meets Finnish companies
A UAE delegation headed by the Assistant Minister for Economic and Trade Affairs, Saeed Mubarak Al Hajeri, conducted meetings with prominent companies in Finland during an official visit.
UAE visit to Ireland aims to strengthen science and tech ties
A UAE delegation, led by the Assistant Foreign Minister for Advanced Science and Technology, Omran Sharaf, concluded a two-day visit to Ireland's capital for talks on strengthening science, technology, and trade partnerships.
The Rock and Chris Evans: A Christmas Surprise!
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