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Financials and Investment News in United Arab Emirates

AED2983.4 Billion Total Gross Bank Assets in August: Central Bank
9/22/2019 - The UAE Central Bank has announced that gross bank assets, including bankers’ acceptances, rose by 0.3 percent, increasing from AED 2975.8 billion at the end of July 2019, to AED2983.4 billion at the ...
UAE Ministry, Organizations Work Together to Boost Exports
9/25/2019 - The UAE Ministry of Economy, MOE, and the UAE Federal Export Credit company, Etihad Credit Insurance, ECI, announced their joint commitment towards supporting UAE exporters and investors.

Thi...
Mof Organises Workshop to Introduce Its Smart Screens System
9/25/2019 - As part of its ongoing efforts to bolster joint coordination with other federal entities to drive digital transformation in the UAE, the Ministry of Finance, MoF, has held a workshop to introduce smar...
UAE Ministry, Organisations Work Together to Boost Exports
9/25/2019 - The UAE Ministry of Economy, MOE, and the UAE Federal Export Credit company, Etihad Credit Insurance, ECI, announced their joint commitment towards supporting UAE exporters and investors.

Thi...
NBF Prices US$350 Million 'Additional Tier 1' Capital Securities Issuance
9/25/2019 - The National Bank of Fujairah, NBF, announced , that it successfully raised US$350 million in Additional Tier 1 capital through a perpetual non-call five-year bond with a coupon of 5.875 percent.
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Dubai Chamber hosts high-level European business delegation, explores cooperation
10/2/2019 - The Dubai Chamber of Commerce and Industry recently hosted a high-level business delegation from Europe to explore business opportunities in key sectors and fields related to Expo 2020 Dubai, includin...
Abu Dhabi to Host UAE-Lebanon Investment Conference on October 7
10/3/2019 -  Abu Dhabi will host the second UAE-Lebanon Investment Conference on 7th October under the auspices of the Ministry of Economy and Abu Dhabi Chamber of Commerce and Industry.

The conference i...
UAE Investments Constitute 11% of Total FDI Inflows to Lebanon: UAE Envoy
10/5/2019 - The UAE has maintained its position as a leading investor in Lebanon with its foreign direct investment, FDI, constituting 11 percent of total FDI inflows to Lebanon, according to a top Emirati diplom...
Dubai’s Non-Oil Foreign Trade Delivers Solid Growth in H1-2019
10/5/2019 -  Dubai recorded a non-oil foreign trade of AED 676 billion in the first half of 2019, an increase of 5 percent year-on-year from AED 644 billion in the corresponding half last year.

The fir...
UAE Investments Constitute 11% of Total FDI Inflows to Lebanon
10/6/2019 - The UAE has maintained its position as a leading investor in Lebanon with its foreign direct investment, FDI, constituting 11 percent of total FDI inflows to Lebanon, according to a top Emirati diplom...
ADGM Signs Agreement with Registrar of Companies New Zealand to Enhance Collaboration
10/6/2019 - The Registration Authority, RA, of the Abu Dhabi Global Market, ADGM, and the Registrar of Companies New Zealand have announced a partnership to facilitate further cooperation in recognition of the in...
UAE Invests AU$26 Billion in Australia: Deputy PM Mccormack
10/7/2019 -  The UAE has around AU$26 billion (AED64 billion) worth of investments in Australia, revealed a senior Australian official.

The Australian Deputy Prime Minister Michael McCormack, said that A...
UAE First Globally For Air Trade Facilitation, Tops ME for Visa Openness
10/8/2019 - UAE is ranked first globally for air trade facilitation and tops the Middle East region for visa openness, according to the International Air Transport Association.

This came as IATA presente...
UAE Delegation to Visit Vietnam Next Week
10/9/2019 - The Ministry of Economy is organising the official visit of a senior commercial delegation to Vietnam, led by Sultan bin Saeed Al Mansouri, Minister of Economy, to discuss ways of reinforcing the econ...
Dubai’s Foreign Trade in IT Doubles in 10 Years to AED231 Bn
10/9/2019 -  Dubai almost doubled its foreign trade value in IT and telecom industry over the past decade, recording a growth of 97 percent from AED117 billion in 2009 to AED231 billion in 2018, according to stat...
Sharjah Chamber Holds UAE-Moroccan Forum to Discuss Economic Cooperation
10/9/2019 - In cooperation with the Moroccan Embassy in Abu Dhabi, the Sharjah Chamber of Commerce and Industry, SCCI, today organised the UAE-Moroccan Business Forum to discuss economic relations and ways to boo...
UAE and Belize Sign Bilateral Economic Cooperation Agreement
10/12/2019 - The UAE and Belize recently signed an economic cooperation agreement to develop, enhance, and expand their cooperation on areas of mutual interests.

The agreement was inked by Sultan bin Sa...
UAE Cabinet Approves Policy to Enhance Competitiveness in Gold Markets Regionally and Globally
10/13/2019 - The UAE Cabinet has approved a policy to enhance the country's position as a global hub for gold and jewelry trade, along with initiatives and tools to support its implementation.

The aim ...
Ministry of Economy, US Delegation Discuss Ways of Enhancing Joint Economic Cooperation
10/13/2019 - Abdullah bin Ahmed Al Saleh, Under-Secretary of the Ministry of Economy for Foreign Trade Affairs, and a United States delegation comprising officials and representatives of the business community in ...
Non-Oil Trade between UAE, Russia in Past Five Years Reached US$14.1 Billion: Ministry of Economy
10/13/2019 -  Abdullah Al Saleh, Under-Secretary of the Ministry of Economy for Foreign Trade Affairs, said that the value of non-oil trade between the UAE and Russia over the past five years amounted to US$14.1 b...

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