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Financials and Investment News in United Arab Emirates

Dubai Customs Shares Digital Experience With South Korean Delegation
12/11/2022 - Dubai Customs shared their experience in developing smart customs services and digital systems with a South Korean delegation.

The meeting, held at Dubai Customs headquarters, shed light on...
'Dubai Destinations' Campaign Returns to Highlight Dubai’s Unique Winter Attractions And Experiences
12/11/2022 - Under the directives of H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Media Council, the ‘Dubai Destinations’ winter campaign returns this year to showcase the attraction...
First China-Arab Summit to Deepen High-Quality Cooperation: UAE Ambassador to China
12/11/2022 - The first China-Arab summit is an important milestone in the history of relations between the two peoples, Ali Al Dhaheri, UAE Ambassador to China, has said in an exclusive interview with Xinhua news ...
‘Just Transition’ Policies Needed to Create 20 Million Green Jobs: UN Report
12/11/2022 - Some 20 million jobs could be created by investing in policies that support nature and address climate change, disaster risk, food insecurity, and other major challenges, according to a UN report
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Saudi Arabia’s Real GDP Grows 8.8% in Q3 Driven By Rise in Oil Activities: GASTAT
12/11/2022 - Saudi Arabia’s real gross domestic product grew by 8.8 percent in the third quarter of 2022 compared to the same period last year driven by an increase in oil activities, according to a report release...
EGA to Supply Celestial Solar Aluminium to Kobe Steel
12/18/2022 - Emirates Global Aluminium (EGA), the largest industry company in the UAE outside of oil and gas, has agreed to supply CelestiAL solar aluminium to Kobe Steel to make automotive body sheet for Nissan.<...
Emirates Development Bank Named Best Micro Finance Bank In Middle East
12/18/2022 - Emirates Development Bank, one of the key financial engines for the economic development and industrial advancement of the UAE, announced its recognition for Best Micro Finance Bank in the Middle East...
TECOM Group Breaks Ground on Innovation Hub Phase 2 in Dubai Internet City
12/18/2022 - TECOM Group has broken ground on the Innovation Hub Phase 2 in Dubai Internet City, as Dubai’s legislative framework and ease of doing business attract a high volume of international companies and inv...
Tabreed's Foreign Ownership Increases To Maximum Capacity
12/20/2022 - In a disclosure letter to Dubai Financial Market (DFM), the National Central Cooling Company (Tabreed), announced that its decision to increase the company's Foreign Ownership Limit (FOL) from 49 perc...
Dubai Records Over AED1.8 Bn in Realty Transactions Tuesday
12/20/2022 - Dubai real estate market recorded 495 sales transactions worth AED1.32 billion, in addition to 81 mortgage deals of AED454.83 million, and 24 gift deals amounting to AED34.33 million, data released by...
Dubai Chambers Connects Canadian Food And Beverage Trade Mission to Local Market
12/20/2022 - Dubai Chambers has hosted a Canadian food and beverage trade mission for a B2B business matching event at its headquarters in Dubai.

The event aimed at connecting Canadian food and beverage...
UAE Economy Survived Economic Impact of COVID-19: IMF Official
12/21/2022 - The UAE economy has quickly survived the economic impact of the COVID-19, with near-term economic growth being strong, underpinned by a rebound in domestic activity, while elevated oil prices support ...
'The Economist' Highlights UAE's Energy Transition Efforts
12/22/2022 - The UAE's energy transition efforts have been highlighted in a detailed article by ‘The Economist', where the renowned British weekly newspaper affirmed that the Gulf national oil companies' investmen...
MBZUAI-Trained UAE Executives Use aI In Diverse Areas of Operations: Official
1/2/2023 - Executives working in the UAE government and private sectors have begun to use artificial intelligence (AI) in diverse areas of their daily work, thanks to an Executive Programme hosted by Mohamed bin...
Abu Dhabi Sustainability Week Hosts First Green Hydrogen Summit in Year of Climate Action for UAE
1/3/2023 - Abu Dhabi Sustainability Week (ADSW), the global initiative championed by the UAE and its clean energy powerhouse Masdar to accelerate sustainable development, will hold its first annual Green Hydroge...
SEDD Carries Out About 30 Benchmarks
1/3/2023 - Sharjah Economic Development Department (SEDD) has organised number of meetings with local and federal departments and bodies in the public and private sectors, in implementation of the benchmarking p...
Expo Centre Sharjah all Set for Steelfab2023
1/3/2023 - Expo Centre Sharjah (ECS) has announced the completion of all preparations for the 18th edition of the SteelFab (SteelFab 2023) exhibition, the largest event of its kind in the Middle East and North A...
Ducab Supplies Gulf of Suez Project in Egypt With Sustainable Energy Solutions
1/3/2023 - Ducab Group—one of the UAE’s largest industrial manufacturing businesses—is supplying 633 kilometres of medium voltage and earthing cable to a new Egyptian 70-turbine windfarm in a move that reinforce...
DFM International Investors Roadshow 2023 Enlightens US-Based Institutions
1/3/2023 - The Dubai Financial Market (DFM) is organising its first International Investors Roadshow for the year 2023 in the United States, as part of its efforts to reinforce relations between US-based interna...
India’s Gem, Jewellery Exports Up By 8.26% After CEPA With UAE
1/8/2023 - The UAE-India Comprehensive Economic Partnership Agreement (CEPA) helped achieve an increase in India's gem and jewellery exports in this financial year by 8.26 percent, according to Vipul Shah, Chair...

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