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Financials and Investment News in United Arab Emirates

Dubai Islamic Bank Closes Landmark $750 Million Sukuk
11/19/2019 - Dubai Islamic Bank PJSC, DIB, successfully closed a US$%750 million 5-year Sukuk with a profit rate of 2.950 percent per annum, which is equivalent to 140bps over the 5-year Mid Swap Rate.

Th...
First Saudi-UAE Banks Conference Discusses Challenges, Opportunities across Banking Sector
11/25/2019 - The first joint conference between bank officials in Saudi Arabia and the United Arab Emirates, UAE, convened in Riyadh to deliberate key challenges and opportunities in areas of direct impact on the...
Ministry of Economy Launches New Development Plan to Support Young Innovative Companies
11/27/2019 -  The Ministry of Economy has launched a new plan to develop the National Programmer to Support Young Innovative Companies to stimulate national entrepreneurship and increase the number of projects in ...
Ministry of Economy Launches New Development Plan to Support Young Innovative Companies
11/27/2019 -  The Ministry of Economy has launched a new plan to develop the National Programmer to Support Young Innovative Companies to stimulate national entrepreneurship and increase the number of projects in ...
Dubai Economy to Unveil ‘Young Economist Challenge’ At the UAE Economic Forum 2019
11/27/2019 - Dubai Economy has announced the launch of the "Young Economist Challenge", an innovative competition aimed at engaging students across universities in the UAE by providing them with the opportunity to...
Big 5 Dubai Wraps Up With 18 Egyptian Companies Participating
11/29/2019 - The Big 5 Dubai - the leading construction show in Dubai -wrapped up work with the participation of 18 Egyptian companies.

The Egyptian Export Development Authority and the Export Council f...
UAE Economic Forum 2019 to See Launch of Exclusive Local and Global Reports
12/7/2019 - Dubai Economy has announced that 30 speakers will address the UAE Economic forum 2019, being held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minis...
UAE Economic Forum 2019 to See Launch of Exclusive Local and Global Reports
12/7/2019 - Dubai Economy has announced that 30 speakers will address the UAE Economic forum 2019, being held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minis...
Heavy Industry a Vital Component in UAE’s Economic Diversification Agenda
12/10/2019 - Dr. Matar Al Neyadi, Under-Secretary of the UAE Ministry of Energy and Industry, has inaugurated the Middle East Iron and Steel Conference 2019 in Dubai.

The conference, which will take pl...
UAE and Egypt to Strengthen Trade Relations, Boost Bilateral Exports
12/16/2019 - The UAE and Egypt have agreed to strengthen trade relations and boost bilateral exports between the two countries through a Memorandum of Understanding signed between Etihad Credit Insurance, ECI, the...
Mof Organises Seminar on Cbcr Reporting, Economic Substance Regulations and Taxation
12/16/2019 - The Ministry of Finance, MoF, in cooperation with the Organisation for Economic Cooperation and Development, OECD, organised today a seminar on Country-by-Country Reporting, CbCR, Economic Substance R...
Joint Economic Committee between the UAE and the Republic of Latvia Begins Today in Abu Dhabi
12/16/2019 - The ministerial meeting of the first session of the "Joint Economic Committee between the UAE and the Republic of Latvia," chaired by Sultan bin Saeed Al Mansouri, Minister of Economy, and Ralphs Nemi...
Abu Dhabi's Non-Oil Foreign Trade Down 8.8%
12/19/2019 -  Abu Dhabi recorded non-oil foreign trade of AED154.4 billion, a decrease of 8.8 percent year-to-date from AED169.3 billion in the corresponding period last year, according to Statistics Centre - Abu ...
Abu Dhabi Trade in Works of Art Reaches AED6.6 Billion
12/23/2019 - The Emirate of Abu Dhabi has seen a 71 percent increase in works of art, collectors' pieces and antiques trade commodity.

In a trade figures report released by the Statistics Centre - Abu D...
UAE Stock Markets Gain AED7.1 Billion
1/14/2020 -  UAE stock markets continued their rise for the second consecutive day, amid improvements in trading, with market capitalization of trading companies reaching AED7.1 billion.

The Abu Dhabi ...
Ministry of Economy, Italian Delegation Discuss Economic, Commercial Cooperation
1/14/2020 -  Abdullah Al Saleh, Under-Secretary of the Ministry of Economy for Foreign Trade Affairs, and Manlio di Stefano, Deputy Minister of Foreign Affairs of Italy, discussed the economic and commercial coop...
UAE Gold, Diamond Trade in 2018 Totals AED258.4 Billion
1/15/2020 - The value of the UAE’s trade in raw and semi-worked gold and diamonds in 2018 amounted to AED258.4 billion, which reinforced the country's position as a regional centre of the trade in the Middle East...
National Economy's Cash Trades Increase by AED29.8 Billion in 2019
1/16/2020 - The value of traded cash in the national economy increased by AED29.8 billion in 2019, a rise of 7.8 percent, according to the latest figures issued by the Central Bank of the UAE.

The figu...
Dubai Non-Oil Foreign Trade Surges 22% in First Nine Months of 2019
1/18/2020 - The Emirate of Dubai's non-oil foreign trade volumes surged to 83 million tonnes in the first nine months of 2019, revealed Dubai Customs .

These figures represent an increase by 22 percent ...
Dubai Economy Issues 20,491 E-Moas and 9,336 E-MOA Addendums In 2019
1/19/2020 - The Business Registration and Licencing, BRL, sector at the Dubai Economy issued 20,491 electronic Memorandums of Association, MOAs, including 1,529 e-MOAs approved via text messages from 6969, and 9,...

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