Egypt Zones accountACCOUNT

Financials and Investment News in United Arab Emirates

E-Dirham Government Services Revenue Reaches AED22.11 Billion In 2019
2/12/2020 - The e-dirham government services revenue exceeded AED22 billion, with AED13 billion coming from the e-dirham system and AED9 billion from service points, respectively, in 2019.

The total nu...
Sultan Al Mansouri, Bulgarian Minister Discuss Strengthening Economic and Commercial Relations
2/16/2020 -  Sultan bin Saeed Al Mansouri, Minister of Economy, and Mariyana Nikolova, Deputy Prime Minister for Economic Policy of Bulgaria, discussed strengthening relations between the UAE and Bulgaria, especi...
Foreign Currency Assets Held By UAE Banks Hit AED381 Bn
2/18/2020 - The total foreign currency assets held by the Central Bank of the UAE increased to AED381 billion by the end of 2019, a YOY growth of 5 percent from AED363.27 billion, accounting for 29 percent of tot...
Dubai Aerospace Announces Financial Results for 2019
2/19/2020 - Dubai Aerospace Enterprise, DAE, reported its financial results for full year , announcing a total revenue of US$1,421.3 million.

H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DAE, co...
Abu Dhabi Plans AED10 Bn in Public-Private Partnership Tenders
2/19/2020 - The Abu Dhabi Government announced today its intention to procure approximately AED10 billion of infrastructure projects this year under its public-private partnership, PPP, model in a range of sector...
UAE GDP Registers 2.9% Growth in 2019: Central Bank
2/23/2020 - The UAE's overall real gross domestic product, GDP, is estimated to have grown by 2.9 percent in 2019, the Central Bank of the UAE revealed.

According to the Central Bank's 'Quarterly Revie...
Sharjah Islamic Bank General Assembly Proposes 10% Dividend
2/23/2020 - During the 44th General Assembly of the Sharjah Islamic Bank, SIB, held on Saturday, 10 percent of the profits were distributed to shareholders, including five percent in cash and five percent of bonu...
UAE, Saudi Partner to Empower Their Local Businesses in Cross-Border Trade
2/23/2020 -  The United Arab Emirates and the Kingdom of Saudi Arabia strengthen their economic partnership to enhance the trade, diversify and create opportunities for the businesses and people in both the count...
AED494 Bn Worth of 10.56 Million Cheques Handled by Clearing System in Six Months
8/30/2020 - A total of 10.56 million cheques worth AED494 billion have been handled by the Cheque Clearing System over the first six months of 2020, according to the statistics of the Central Bank of the UAE.
...
Fund Transfers Between UAE's Banks Amount to AED5.054 Trillion in Six Months
8/30/2020 - The total value of fund transfers among the UAE's banks amounted to AED5.054 trillion during the first six months of 2020, according to the statistics released by the Central Bank of the United Arab E...
UAE Participates In Meeting of Arab Economic And Social Council’s Economic Committee
8/31/2020 - The United Arab Emirates has participated in a meeting of the economic committee of the Arab Economic and Social Council, as part of the preparatory meetings for the ministerial meeting of the council...
World FZO Conference to Discuss Free Zone Business Models Beyond The Pandemic Horizon
9/6/2020 - The World Free Zones Organization, World FZO, is building on the unprecedented online success of its sixth Annual International Conference, AICE, last April by staging a unique online tentpole event f...
Dubai Chamber of Commerce and Industry and The Consulate General of Canada in Dubai Held A Meeting.
9/9/2020 - Dubai, UAE: Dubai Chamber of Commerce and Industry and the Consulate General of Canada in Dubai held a meeting to discuss opportunities in areas such as digitalization, logistics, e-commerce, life sci...
Market Cap of Second Market - Listed Companies Rise to AED10.32 Bn
9/9/2020 - The market cap of UAE second market-listed private companies amounted to around AED10.32 bn by the end of August, 1.7 percent up from the same month last year, according to official figures obtained b...
UAE Banks Availed AED44.72 Bn of TESS Liquidity Facility
9/23/2020 -  A total of AED44.72 bn of the AED50 billion liquidity facility provided by the Central Bank of the United Arab Emirates (CBUAE) to the UAE banking sector as part of the Targeted Economic Support Sche...
E-Commerce, Delivery Services Post Highest Growth Rates in August, Says SEDD
9/23/2020 - The Sharjah Economic Development Department, SEDD, announced an increase of more than 100 percent in activities such as e-commerce, delivery services, "Eitimad" licences, and contracting licences of t...
Mof Announces Details of Cabinet Resolution Concerning Economic Substance Regulations
9/23/2020 - The Ministry of Finance, MoF, announced today the details of the Cabinet Resolution No. (57) of 2020 concerning Economic Substance Regulations, ESR.

The Resolution was issued in consultati...
Switzerland to Take Off for Expo 2020 Dubai Space Week
10/6/2020 - Switzerland reaffirms its commitment to the success of the Expo 2020 Dubai, which will run from 1 October 2021 to 31 March 2022, and marks one year to go to the upcoming World Expo.

On this...
AED650.4 Bn Worth of 13.99 Million Cheques Handled by Clearing System in Eight Months
10/11/2020 - A total of 13.99 million cheques worth AED650.4 billion have been handled by the Cheque Clearing System over the first eight months of 2020, according to the statistics of the Central Bank of the UAE....
UAE Leads Arab Region in COVID Economic Recovery Index Ranking
10/11/2020 - The United Arab Emirates is leading the Arab region in the COVID Economic Recovery Index Ranking issued by the Horizon Research Group.

The Index assesses how 122 countries are positioned fo...

Accounting, Statistics Asset Portfolio Management Economics/Financial Analysis Gas Export General Investment Mergers and Acquisitions
For Buyers
Advertise your Purchasing Requests

For Suppliers
Promote your Products
Egypt Zones
Copyright © Universal Solutions All rights reserved. - Privacy Policy.