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Financials and Investment News in United Arab Emirates

UAE on Frontlines of Combatting Spread of Epidemics Globally
12/28/2020 - The UAE is on the frontlines of combatting the spread of epidemics globally, and is one of the key supporters of the international efforts to prevent the spread of many viral diseases that pose seriou...
Dubai Economy Launches Updated Version of IP Gateway
12/28/2020 - The Commercial Compliance & Consumer Protection (CCCP) sector, in Dubai Economy has launched an updated version of its ‘IP Gateway,’ the online portal for obtaining services related to cases on infrin...
Export Credit Agencies of UAE, India Join Hands to Enhance Trade, Economic Cooperation
12/29/2020 - Etihad Credit Insurance (ECI), the UAE Federal export credit company, has partnered with ECGC Limited (ECGC), the export credit agency of India, to explore and bolster the trade and economic cooperati...
Ask The Expert’ Highlights Dubai Chamber’s Role as a Business Facilitator
12/29/2020 - The invaluable role of Dubai Chamber of Commerce and Industry as a business facilitator was the subject of the recent ‘Ask the Expert’, the monthly videos series, under Dubai Chamber’s Business Connec...
Dubai Startup Hub Launches Eight Guides to Support Entrepreneurs and Startups
12/30/2020 - he Dubai Chamber of Commerce and Industry’s Dubai Startup Hub initiative has launched eight guides to help startups in the UAE do business, as the Chamber concluded its fifth and final ‘Networking Ser...
Ministry of Economy, UAE Tourist Guides Association Discuss Cooperation
1/3/2021 - Dr. Ahmed Beloul Al Falasi, Minister of State for Entrepreneurship and SMEs, and Sheikh Mohammed bin Maktoum bin Juma Al Maktoum, Chairman of the Board of Directors of the UAE

Tourist Guid...
Event Offered Latin American Business Leaders Valuable Insights and Perspectives on Dubai’s
1/6/2021 - Event offered Latin American business leaders valuable insights and perspectives on Dubai’s tourism market from Dubai Tourism, Emirates, Accor, Expo 2020 Dubai and Dubai Future Foundation.

...
Arada Records 35% Rise in Sales During 2020 to Reach AED1.75 Billion
1/10/2021 - Arada has reported a robust sales performance for 2020, as the developer benefited from a raft of project handovers and the stable Sharjah real estate market to overcome the effects of the pandemic.
9,913 New Business Licenses Issued in First Week of 2021
1/10/2021 - A total of 9,913 new business activities licenses were issued across all the emirates of the country during the first week of 2021, according to the latest data from the National Economic Register (NE...
UAE Stocks Gain AED5.4 Bn in Market Cap
1/10/2021 - Driven by banking and realty blue chips, the UAE stock markets continued their upward streak , with Abu Dhabi's main index touching 5,176 points, up 0.24 pct over the session, and Dubai Financial Mark...
Dubai Economy Receives 59,130 Consumer Complaints in 2020
1/10/2021 - The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy received 59,130 consumer complaints in 2020, a 51% increase compared to the 39,113 complaints received in 2019.

...
FAB Issues Five-Year US$500 Million Sukuk
1/11/2021 - First Abu Dhabi Bank (FAB) has issued the lowest-ever yield on any five-year MENA bank USD issuance with a US$500 million five-year Sukuk issued at MS+90bps (all-in yield of 1.411 percent) through FAB...
Legal Experts Advise Businesses on Key Considerations for Successful Commercial Contracts
1/12/2021 - Dubai Chamber of Commerce and Industry, in cooperation with The Jorgensen Law Firm PLLC and Ince & Co Middle East LLP / Dubai Branch, recently organised a webinar advising businesses on key considerat...
Mohamed Bin Zayed: Ambitious Economic Vision For Uae Centennial 2071
5/15/2022 - Under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE will unswervingly continue to implement its comprehensive strategy and vision to build a sustainable knowledg...
Yalla Group Reports Record Revenues of AED 265.7 Million in Q1 2022
5/17/2022 -  Yalla Group Limited, the UAE-based leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), announced its financial results for the first quarter...
UAE’s Economy Advances to Achieve Sustainable Growth
5/17/2022 - The UAE has entered a new era of development and economic diversification, under the theme, "Growth Sustainability," based on the empowerment phase. The country has created a developed infrastructure ...
Dnata Boosts Erbil Operations With Over US$17 Million Invested In Advanced Facilities
5/17/2022 - dnata, a leading global air and travel services provider, has announced a significant expansion of its operations in Erbil, Iraq.

The company opened a new, advanced cool chain facility and...
IHC Completes AED7.3 Billion Adani Group Transaction
5/17/2022 -  International Holding Company (IHC) announced the completion of an AED7.3 billion (US$2 billion) investment transaction in the Adani Portfolio companies, Adani Green Energy Limited (AGEL), Adani Tra...
ADX Facilitates Access to Growing Market Opportunities
5/18/2022 - Abu Dhabi Securities Exchange (ADX) has announced that it is facilitating access to the exchange for investors registered on other UAE financial markets.

The ADX initiative applies to inv...
ECI Named Best Export Credit Agency At 2022 GTR Leaders In Trade Awards
5/18/2022 - Etihad Credit Insurance (ECI), the UAE Federal export credit company, received the ‘Best Export Credit Agency’ award at the Global Trade Review (GTR) Leaders in Trade 2022 Awards.

The Lea...

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