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Financials and Investment News in United Arab Emirates

GDP Up By 0.2% And Employment Up By 0.2% In The Euro Area
11/17/2022 - In the third quarter of 2022, seasonally adjusted GDP increased by 0.2% both in the euro area and in the EU, compared with the previous quarter, according to a flash estimate published by Eurostat, th...
Advance Landmark 4 GW Green Hydrogen Program in Egypt
11/17/2022 - Masdar, the UAE’s flagship clean energy company, and its consortium partners, Infinity Power Holding and Hassan Allam Utilities, announced that they have signed a framework agreement with leading Egyp...
'Al Sanaa' Pavilion for Emirati Productive Families at Global Village Inaugurated
11/20/2022 - Hessa bint Essa Buhumaid, Minister of Community Development, inaugurated "Al Sanaa" pavilion for Emirati productive families at Global Village in Dubai, with the participation of 67 such families from...
Abu Dhabi Launches ‘Smart Manufacturing Index’ to Facilitate Transition to Industry 4.0
11/20/2022 - The Abu Dhabi Department of Economic Development (ADDED) has announced the launch of the ‘Abu Dhabi Smart Manufacturing Index’, that guides and facilitates private sector players’ transition to Indust...
Sharjah Chamber Successfully Concludes Trade Trek in Kenya And Uganda
11/20/2022 - The Sharjah Chamber of Commerce and Industry (SCCI), represented by the Sharjah Export Development Centre (SEDC), concluded its business mission to Uganda and Kenya, heading a delegation that included...
Maktoum Bin Mohammed Meets With Chairman of KPMG International
11/22/2022 -  H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, today met with Bill Thomas, Global Chairman and CEO of KPMG International.
ADFD, AIIB Explore Ways to Strengthen Cooperation Over Sustainable Economic Development
11/22/2022 -  Mohamed Saif Al Suwaidi, Director-General of Abu Dhabi Fund for Development (ADFD), today met at the Fund’s headquarters Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB).
World Corporate Summit Under Way Featuring 1,500 Global Business Leaders
11/23/2022 - The World Corporate Summit is hosting 1,500 leaders in Dubai from across the globe to exchange ideas and build partnerships that will impact the world economy, cementing the UAE’ position as a global ...
Egyptian Exchange Posts Collective Gains
11/27/2022 - Egyptian Exchange (EGX) indexes posted collective gains at the close of 's trading session, driven by purchases by Egyptian and foreign financial institutions and investment funds, against sales by Ar...
Abu Dhabi Free of Single-Use Plastic
11/27/2022 - The Environment Agency – Abu Dhabi (EAD) is making significant progress in its commitment to declare Abu Dhabi free of single-use plastic products, achieving the objectives of the Single-Use Plastic P...
Dubai Chambers Unveils Plans to Expand Roles of Business Councils in Dubai
11/27/2022 -  Dubai Chambers has unveiled new plans to establish new country-specific business councils operating in Dubai and expand their roles to support ongoing efforts to boost Dubai’s non-oil foreign trade a...
SCCI, Moscow Chamber Discuss Cooperation Opportunities
11/27/2022 - The Sharjah Chamber of Commerce and Industry (SCCI) discussed with the Moscow Chamber of Commerce and Industry the cooperation chances for business communities in Sharjah and Moscow, and how to benefi...
NEXT50 Launches Platform to Cater for Most Pressing Challenges And Requirements for Businesses
11/27/2022 - NEXT50 today launched PLATFORM50, a one-stop-shop solution for organisations to maximise business value and address tomorrow’s challenges.

The announcement was made at NEXT50’s inaugural Ex...
OIC Countries To Address US$ 63 Billion Halal Products Trade Deficit: Report
11/29/2022 - The 2022 Annual OIC Halal Economy Report identified that the OIC member states recorded a trade deficit of US$63 billion for halal economy products in 2021, covering food, fashion, pharmaceuticals and...
ADGM’s Financial Services Regulatory Authority Launches aI Initiative on Open Regulation
11/29/2022 - The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has launched an initiative to foster the development of intelligent regulatory technology (RegTech) tools and help ...
Taaleem Rings Market Opening Bell to Celebrate Listing, Trading on Dubai Financial Market
11/29/2022 - The Dubai Financial Market (DFM) today welcomed the listing of shares of Taaleem Holdings Group PJSC (Taaleem), one of the largest education service providers in the UAE with a portfolio of 26 schools...
Abu Dhabi, Miral Announce Construction for 17,000m2 Teamlab Phenomena is 25% Complete
11/29/2022 - The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, announced construction is 25 per cent complete for t...
Theyab Bin Mohamed Witnesses Signing of Strategic Partnership Between Etihad Rail and Borouge
11/29/2022 -  H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Etihad Rail, witnessed the signing of the terms sheet for a strategic partnership for sustainable transportation between Etihad Rail, t...
UAE Reaffirms Support for Greater Cooperation Among OIC Members
11/30/2022 -  Abdullah bin Touq Al Marri, Minister of Economy, led the UAE delegation to the meetings of the 38th Ministerial Session of the Standing Committee for Economic and Commercial Cooperation of the Organi...
Non-Oil Trade Exchange Between UAE And Cameroon Grew 33% Over Past Ten Years
11/30/2022 - Non-oil trade exchange between the UAE and Cameroon grew by 33.5 percent between 2012 and 2021, reaching AED1.92 billion by the end of last year, compared to AED1.43 billion in 2012.

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