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Financials and Investment News in United Arab Emirates

ADDED, SAP Sign Mou to Accelerate Digital Transformation in Abu Dhabi
5/18/2022 - The Abu Dhabi Department of Economic Development (ADDED) has signed a memorandum of understanding (MoU) with the leading provider of enterprise business software, SAP.

As part of the agre...
32,564 Instant Licences Issued by DET Since Launch of The Initiative in August 2017
5/18/2022 - The Business Registration and Licensing (BRL) sector at the Department of Economy and Tourism (DET) in Dubai reported that 32,564 Instant Licences were issued since the launch of the initiative in Aug...
Alpha Dhabi to Invest AED9.2 Billion in 'Alpha Wave Ventures II' Fund
5/19/2022 - Alpha Dhabi Holding has announced its commitment to invest AED9.2 billion in Chimera Capital and Alpha Wave's landmark "Alpha Wave Ventures II" venture fund, which was announced and launched at the be...
UAE Enhances Its Stature As Capital of Business Tourism Under Sheikh Mohamed Bin Zayed' Leadership
5/20/2022 - Under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE enhances its stature as a capital of business tourism, to achieve sustainable development by supporting econo...
Labour Market Recovery Goes Into Reverse: ILO
5/23/2022 - Multiple global crises are causing a marked deterioration in the global labour market recovery, with increasing inequalities within and between countries, according to a new report from the Internatio...
Dubai Chamber of Commerce Reports 55% Membership Growth in April 2022
5/23/2022 - Dubai Chamber of Commerce, one of three chambers operating under Dubai Chambers, revealed that its membership increased by 55.4 percent in April 2022, while member exports and re-exports grew by 16.7 ...
Ajman Free Zone, Zajel Sign Mou to Provide Cost Effective Shipment Services to Business Partners
5/23/2022 - Ajman Free Zone has signed a Memorandum of Understanding (MoU) with Zajel- a specialised company in the field of logistics and transport.

The agreement was signed by Ali AlSuwaidi, Directo...
ENOC Group Launches New Compact Station to Support Fuelling Needs in DAFZA
5/23/2022 - ENOC Group today announced the launch of its compact station in the Dubai Airport Freezone (DAFZA), offering customers accessible and convenient refuelling services.

The station is designe...
Multiply Group to Invest US$50 Million As Cornerstone Investor in Abu Dhabi-Based Borouge's IPO
5/23/2022 - Multiply Group, a technology-focused holding company based in Abu Dhabi, today announced it has agreed to purchase shares in the forthcoming Initial Public Offering (IPO) of Borouge for a total amount...
Ministers, Prominent Government Officials Highlight UAE's Vision at WEF Meeting in Davos
5/23/2022 - A UAE high-level delegation, encompassing UAE ministers, government officials and private sector leaders, is attending the World Economic Forum (WEF) annual meeting in Davos, taking place until 26th M...
Ega Welcomes Global Aluminium Leaders to Dubai for Industry Meet
5/25/2022 - Emirates Global Aluminium (EGA) has welcomed aluminium industry leaders from around the world to Dubai for the 50th-anniversary meeting of the International Aluminium Institute (IAI).

The ...
Dubai Chamber of Digital Economy, Equiti Group Discuss Ways to Boost Digital Economy
5/25/2022 - Omar Sultan Al Olama: We aim to enhance Dubai’s digital infrastructure and cement its role as a preferred hub for digital businesses.

Dubai, UAE – Dubai Chamber of Digital Economy – one o...
Dubai Records AED2.1 Bn Worth of Realty Transactions.
5/25/2022 - Dubai real estate market recorded 445 sales transactions worth AED 1.06 billion and 76 mortgage deals of AED 1.09 billion, in addition to 10 gift deals amounting to AED 23.91 million , data released b...
H.H. Sheikh Abdullah Bin Zayed Discusses Boosting Ties With German Finance Minister in Berlin
5/26/2022 - H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has met with Christian Lindner, German Minister of Finance, in Berlin, during his official visit to...
Steel Manufacturers Business Group Established Under The Umbrella of Dubai Chamber of Commerce
5/26/2022 - Buamim: Dubai Chamber of Commerce is fully committed to supporting the Hatta Traders Council with valuable expertise and strategic plans.

Dubai, UAE – Dubai Chamber of Commerce has announ...
Agthia Group Board of Directors Approves Further Expansion in Saudi Arabia
5/30/2022 -  Agthia Group PJSC, one of the region’s leading food and beverage companies, held a Board Meeting today to discuss and approve key business decisions, including a greenfield investment in Saudi Arabia...
Fifth Phase Of Bloom Gardens, Aldhay, Achieves More Than 50% Completion
5/30/2022 - Real estate development company, Bloom Holding, announced that Aldhay, the fifth phase of Bloom Gardens, has achieved more than 50% completion. Bloom Gardens is a well- established, gated community lo...
UAE-Egypt-Jordan Industrial Partnership To Usher In New Era
5/30/2022 -  Ministers and officials affirmed the Industrial Partnership for Sustainable Economic Growth, signed by the UAE, Egypt and Jordan, will usher in a new era for competitive industries by engaging in add...
Seoul Shares Up for 2nd Day on Easing Inflation
5/30/2022 -  Seoul shares ended higher for second straight session as investors scooped up large-cap stocks on bargain hunting, following gains on Wall Street and hopes for economic recovery in China.

...
Bin Touq to Head Emirati Economic Delegation to Kyrgyzstan
5/30/2022 - Abdullah bin Touq Al Marri, Minister of Economy, will head an economic and commercial delegation on a visit to Kyrgyzstan from 31st May to 3rd June, 2022.

The delegation seeks to discuss w...

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