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Financials and Investment News in United Arab Emirates

Vietnam-UAE Trade and Investment Forum Kicks-Off in Hanoi
10/15/2019 -  The Vietnam-UAE Trade and Investment Forum kicked off in Hanoi in the presence of Sultan bin Saeed Al Mansouri, Minister of Economy, and Tran Tuan Anh, Minister of Trade and Industry of Vietnam.
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UAE Delegation to Take Part in IMF, WBG Annual Meetings
10/15/2019 -  A UAE delegation is taking part in the annual meetings of the World Bank Group, WBG, and International Monetary Fund, IMF, in Washington D.C.

The delegation, led by Obaid bin Humaid Al Tayer...
RAK Chamber, UK Embassy Discuss Cooperation, Investment Opportunities
10/15/2019 - The Ras Al Khaimah Chamber of Commerce and Industry and a delegation from the UK Embassy discussed ways of enhancing their economic cooperation, to encourage trade and reinforce Ras Al Khaimah’s strat...
RAKEZ Aims to Attract More Investors
10/16/2019 -  The Ras Al Khaimah Economic Zone, RAKEZ, aims to attract more investors, through focusing on customer service and facilitating investments, including in its customised facilities, as well as by suppo...
US$500 Million 10-Year Sukuk Placement by Aldar Investments
10/16/2019 - Aldar Investment Properties, a 100 percent owned subsidiary of Aldar Properties, announced today the successful placement of fixed-rate US dollar-denominated Sukuk with a tenor of 10 years for a nomin...
RAK, Pakistan Discuss Economic Cooperation
10/28/2019 -  While visiting the Ras Al Khaimah Chamber of Commerce and Industry, a delegation from Pakistan, led by Ahmed Amjad Ali, Pakistani Consul General in Dubai, was briefed on the investment opportunities ...
Dubai Culture Participates in Turin Islamic Economic Forum
10/28/2019 - Dubai Culture and Arts Authority is taking part in the Turin Islamic Economic Forum, TIEF, taking place in Italy from 28th to 30th October.

Hala Badri, the Dubai Culture Director-General, w...
Businesses in Dubai Foresee Higher Revenues and Stronger Ground Ahead
10/29/2019 -  Businesses in Dubai are confident of closing the year on improved revenues and a stronger footing with economic growth expected to gain momentum during the months ahead.

The quarterly busine...
DFM Introduces 'Multiple Investors Numbers Service' from 29th October
10/29/2019 -  The Dubai Financial Market, DFM, has announced that it will start issuing Multiple Investors Numbers, NINs, for its investors as of , 29th October, 2019, in line with the amendments to Article 35 of ...
FTA: Expansion of Excise Tax Aimed
10/29/2019 - Curbing harmful consumption patterns and enhancing the standard of living are the leading objectives behind the Cabinet Decision to expand the scope of Excise Tax, asserted Khalid Ali Al Bustani, Dire...
Dubai Trade With Brazil Reaches AED5.6 Billion in 2018
10/29/2019 -  Dubai mutual trade with Brazil in 2018 made around AED5.6 billion, with AED5.2 billion in imports, AED136 million in exports and AED234 million in re-exports.

According to statistics relea...
Dubai-Ukraine Trade Exchanges Hit AED2.16 Bn in 2018
11/2/2019 - Director General of Dubai Customs, Ahmed Mahboob Musabih and Oleksandr Khomiak, Consul General of Ukraine to Dubai discussed means of boosting cooperation between Ukraine and the UAE, especially in ar...
Fifth Edition of Global Islamic Economy Summit to Be Held Under Expo 2020 Dubai Umbrella
11/5/2019 - Under the directives and patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the fifth edition of the Global Islamic Economy Summit, GIE...
Vodafone Global Enterprise Buys Egypt's VIS at EGP 1 Bln Investments
11/6/2019 - Vodafone Global Enterprise for telecommunications and information technology services has purchased Vodafone Egypt for International Services (VIS) in a deal worth EGP 1 billion.

The move f...
Ministry of Economy, Dubai Future Foundation Join Forces to Spread Knowledge of Scientific Content
11/6/2019 -  The Ministry of Economy and the Dubai Future Foundation, today signed a Memorandum of Understanding, MoU, to promote the dissemination of knowledge and scientific content in Arabic, this to develop f...
DME Registers 21% Increase in Exchange Trading Volume
11/12/2019 - Dubai Mercantile Exchange, DME, the international energy futures exchange in the Middle East, today announced a 21 percent increase year-on-year in exchange trading activities, along with 172 percent ...
Adnoc’s in-Country Value Program to Drive over Aed26 Bn into Uae Economy in 2019
11/13/2019 - The Abu Dhabi National Oil Company,ADNOC, announced its In-Country Value, ICV, Program has driven more than AED 26 billion ($7 billion) back into the UAE economy in 2019, bringing its total ICV spend,...
UAE Eyes Growth Trends in Sub-Sahara Africa
11/16/2019 - Growing momentum behind regional integration, economic reforms, technological advances and infrastructure development are among the key factors fuelling business growth in sub-Sahara Africa, according...
Tawazun Economic Council to Establish Four New Regional Centres in UAE
11/16/2019 -  As part of their ongoing commitment to enable the UAE’s defense and security industry, Tawazun Economic Council, "Tawazun," announced plans to establish four new regional centers, bringing to nine th...
UAE Is Sri Lanka’s Largest Trading Partner in ME; 6th Largest Source of FDI: Foreign Secretary
11/17/2019 - The United Arab Emirates is the sixth largest source of the Foreign Direct Investment, FDI, inflows to Sri Lanka, and its largest trading partner in the Middle East with bilateral trade representing m...

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