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Financials and Investment News in United Arab Emirates

Abu Dhabi Customs Launches New Incentives, Facilities for Importers and Partners
10/11/2020 - The General Administration of Customs in Abu Dhabi today introduced a new package of incentives and facilities to support importers and partners.

The announcement came as part of the framew...
Ras Al Khaimah to Discuss Business Cooperation With Rwanda
10/11/2020 -  Mohamed Ali Musabbeh Al Nuaimi, Chairman of Ras al Khaimah Chamber of Commerce and Industry received Emmanuel Hategeka, Ambassador of the Republic of Rwanda to the UAE, to further develop mutual busi...
FCA Forms Consultation Council With Private Sector
11/3/2020 - Ali Saeed Matar Alneyadi, Commissioner of Customs, and Chairman of FCA, issued a resolution to form the Customs Consultation Council with the private sector to reinforce partnership and collaboration ...
Ministry of Finance Organises Workshops on Mnes Reports
11/3/2020 - The Ministry of Finance, MoF, has organised two virtual workshops titled ‘The Frameworks of implementing legislation governing Multinational Groups of Entities, MNEs, reports from 2-3 November 2020.
Global Partnership Series Explores Avenues of UAE-Vietnam Economic Cooperation
11/3/2020 - There is huge potential for the UAE and Vietnam to expand ties in renewable energy, trade, investment, logistics, maritime transportation, medical tourism and aviation, according to government officia...
Dubai Signals Accelerating Pace of Recovery With 24.5% Rise
11/22/2020 - Dubai is well on track to register a rapid recovery from the repercussions of the COVID-19 pandemic with customs transactions rising by 24.5% over the first nine months of 2020.

The sharp r...
Green Recovery’ to Take Centre Stage as ADSW Summit Opens for Registration
12/5/2020 - Masdar has announced that registration is now open for the Abu Dhabi Sustainability Week, ADSW, Summit, the global platform for accelerating sustainable development, which will take place virtually in...
UAE Embassy Honors Partners and Highlights Shared Achievements
12/6/2020 - The United Arab Emirates (UAE) Embassy in Washington, DC celebrated the country’s 49th National Day through a virtual program that highlighted the UAE’s shared achievements with partners in 2020, incl...
DUBAL Holding Acquires 60% Stake in OSE Industries
12/8/2020 -  DUBAL Holding, a wholly owned subsidiary of Investment Corporation of Dubai, ICD, announced the acquisition of 60 percent stake in OSE Industries, a specialised aluminium extrusion company in the UAE...
Ento Capital Expands Its Assets Management To Uk With Al Rajhi Legacy
12/8/2020 - A regulated entity of the Dubai Financial Services Authority, DFSA, Ento Capital is expanding its Assets Management to UK with launching of US$50 million Al Rajhi Legacy Fund.

The Al Rajhi ...
E-Commerce Sales to Rise to AED100bn by 2022: Dubai Customs
12/8/2020 -  Dubai Customs expects e-commerce sales to rise 23 percent to US$27 billion (AED100 billion), in 2022.

Dubai Customs plays a major role in supporting the strategy which sees Dubai as the wo...
Smart Dubai Launches Integration Platform As A Service at GITEX Technology Week 2020
12/8/2020 - Smart Dubai has launched the Integration Platform as a Service, iPaaS, at GITEX Technology Week, which is holding its 40th edition at the Dubai World Trade Centre from December 6 to 10, 2020.

...
Etihad Airways Launches First Aircraft Carbon Offset Programme in Middle East
12/8/2020 -  Etihad Airways, the national airline of the UAE, has committed to purchasing carbon offsets, to completely neutralise the CO2 emissions of its flagship "Greenliner" 787-10 aircraft for a full year of...
Ebury Becomes First Firm to Offer Regulated Money Services From Dubai International Financial Centre
12/8/2020 - The Dubai International Financial Centre, DIFC, the leading global financial centre in the Middle East, Africa and South Asia, MEASA, region, announced that Ebury, a leading global FinTech backed by S...
UAE, Estonia Political Consultations Committee Discusses Means of Bolstering Cooperation
12/10/2020 - The first edition of the Political Consultations Committee between the UAE Ministry of Foreign Affairs and International Cooperation, MoFAIC, and the Ministry of Foreign Affairs of Estonia began remot...
Global Business Forum Roadshows Shed Light On Emerging Market Opportunities
12/14/2020 - Public and private sector stakeholders from Africa, Latin America and ASEAN region joining 16 focus groups that will be held over the next 6 months.

Insights from high-level focus groups to...
Industry Leaders Offer Glimpse Into Future of Uae Logistics Sector
12/15/2020 - Virtual session attended by 100 participants and joined by speakers from DT World, Virgin Hyperloop and Unilever.

Dubai, UAE: Businesses in the UAE are adapting quickly to new trends and te...
Sharjah Ruler Approves AED 33.6 Billion Budget for 2021
12/27/2020 - H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the general budget for the Emirate of Sharjah of AED 33.6 billion for the fiscal year 2021.
...
Form The Board of Directors for The Supreme Council for Financial And Economic Affairs
12/27/2020 -  In his capacity as Ruler of Abu Dhabi, President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has issued an Emiri decree to form the Board of Directors of the Supreme Council for Financial and Ec...
DP World Selected to Operate Multipurpose Terminal at Luanda Port
12/28/2020 - DP World, a leading global provider of smart logistics solutions, has been selected as the preferred bidder to enter into discussions with the government of Angola for a 20-year concession and operati...

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