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Financials and Investment News in United Arab Emirates

Sharjah Records AED1.9 Billion in Realty Transactions During September
10/11/2022 - The monthly report issued by the Sharjah Real Estate Registration Department (SRERD), revealed that real estate transactions, conducted during the month of September, totalled 2,299 transactions with ...
India-UAE High-Level Joint Task Force on Investments Holds 10th Meeting
10/11/2022 - The tenth meeting of the UAE-India High-Level Joint Task Force on Investments (‘The Joint Task Force’) today took place in Mumbai, co-chaired by Shri Piyush Goyal, Minister of Commerce and Industry, C...
DIEZ, Du Partner to Expand Free Zone’s Portfolio of Competitive Features and Incentives
10/12/2022 - Dubai Airport Free Zone (DAFZ), part of Dubai Integrated Economic Zones (DIEZ), and du, part of Emirates Integrated Telecommunications Company, have partnered to offer exclusive benefits to companies ...
Burjeel Holdings to Use Proceeds from New Shares to Further Strengthen Balance Sheet
10/12/2022 - Abu Dhabi-headquartered Burjeel Holdings PLC, which listed 11 percent of its share capital on the main market of the Abu Dhabi Securities Exchange (ADX), is planning to use the net proceeds from new s...
Sustainalytics Upgrades ADCB’s ESG Risk Score, Making it Highest-Ranked Diversified Bank in GCC
10/12/2022 - Abu Dhabi Commercial Bank PJSC (ADCB) has received an upgrade to its environmental, social and governance (ESG) risk score by Sustainalytics, one of the world’s leading ESG rating agencies.

...
Etihad Rail Completes Tracklaying Works for Main Line in Sharjah And Ras Al Khaimah
10/12/2022 -  Etihad Rail, the developer and operator of the UAE National Rail Network, completed the main works of the UAE

National Rail Network with the completion of the tracklaying works of the mai...
Al Dhahra, ARASCO Sign Agreement to Supply WAFI Feed
10/19/2022 -  Within the framework of the events of the Saudi Agriculture Exhibition, Al Dhahra Holding, a UAE-based prominent leader in the agribusiness sector, specialising in the cultivation and production of a...
World Union of Wholesale Markets to Open in Abu Dhabi Tomorrow
10/20/2022 - High-level stakeholders from across the global fresh food industry, including more than 500 public and private sector leaders and experts from around the world, have arrived in Abu Dhabi for the World...
UAE Announces Industrial Deals Worth AED 260 Million to Manufacture Medical Equipment Locally
10/22/2022 - The Ministry of Industry and Advanced Technology (MoIAT) today announced the signing of a pair of memoranda of understanding (MoU) worth AED260 million ($70.8 million) between major pharmaceutical and...
COP 28, Digital Policies, And Healthcare in Focus at US-UAE Business Council Board Meeting
10/24/2022 - Waleed Al Muhairi, Deputy Group CEO of Mubadala Investment Company, and Dr. Tomislav Mihaljevic, CEO and President of Cleveland Clinic, co-chaired the US-UAE Business Council’s 15th annual board meeti...
Mubadala, KKR Enter Into A Strategic Partnership to Invest in Private Credit in Asia Pacific
10/24/2022 -  Mubadala Investment Company and KKR, a leading global investment firm, today signed a strategic partnership that will see the two firms co-investing across performing private credit opportunities in ...
Fifth Auction of Treasury Bonds Continues to Achieve Exceptional Results
10/24/2022 - The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, has announced the resul...
14th MENA Regulatory Summit Opens Tomorrow in Abu Dhabi
10/24/2022 -  The 14th MENA Regulatory Summit in Abu Dhabi will open tomorrow, 25th October, under the patronage of the Executive Office of Anti-Money Laundering and Counter Terrorism Financing (AML/CFT), in coope...
DP World Reports 2.5% Like-For-Like Volume Growth
10/25/2022 - DP World Limited handled 59.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 9M2022, with gross container volumes increasing by 2.0% year-on-year on a...
Dubai Customs Discusses AEO Benefits With Municipality
10/25/2022 -  Dubai Customs held a meeting with Dubai Municipality’s Food Safety Department to discuss benefits offered to member companies in the Authorised Economic Operator programme (AEO).

The meeti...
Wio Bank, Abu Dhabi Global Market Join Hands to Improve Banking Journey for Smes
11/15/2022 - Wio Bank, the region’s first platform bank, today announced a partnership with Abu Dhabi Global Market (ADGM), the international financial centre of the UAE’s capital, to bolster collective efforts to...
Indonesia to Strengthen Green Economy Cooperation With UAE: Indonesian Minister of Tourism
11/15/2022 - Indonesian Minister of Tourism and Creative Economy Sandiaga Uno has affirmed his country's eagerness to foster cooperation with the UAE across different sectors, at the forefront of which is the gree...
Amanat Reports 6% Growth in Adjusted Net Profit During Jan-Sep 2022
11/15/2022 - Amanat Holdings PJSC announced its financial results for the nine-months ended 30th September, 2022.

The company's adjusted net profit grew 6 percent to AED60.8 million in the first nine mo...
Ahmed Bin Saeed Opens Accessabilities Expo 2022 in Dubai
11/15/2022 - The 4th AccessAbilities Expo, the largest event for people with disabilities in the Middle East, South Asia and Africa (MENSA), today opened at Dubai World Trade Centre with unprecedented participatio...
Conferences Industry Performs Extremely Well During COVID-19 Pandemic
11/16/2022 - Expo Centre Sharjah has said that the UAE's exhibitions and conferences industry performed extremely well in 2022 with astoundingly big results and indicators that confirmed the industry's full recove...

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