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Financials and Investment News in United Arab Emirates

UAE: Hub for Space Startups, Global Companies
9/18/2023 - The space sector plays a crucial role in the global economy, as it creates new jobs, stimulates economic growth, and attracts foreign investments.

With ambitious strategies and promising in...
CBUAE Maintains Base Rate at 5.40%
9/20/2023 - The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) without change at 5.40%, effective from Thursday, 21 September 2023.
New Report By FAB, Wealth Briefing Shows Growing Role of High-Income Women in MENA Economies
9/20/2023 - The rise in women’s wealth is transforming MENA region economies, according to a report by FirstAbu Dhabi Bank (FAB), and WealthBriefing, a global business intelligence service for the wealth manageme...
Sharjah Finance Department Hosts Financial Forum 2023 With Emphasis on Digital Gateways
9/20/2023 - Sharjah Finance Department (SFD) hosted the Sharjah Annual Financial Forum 2023, which drew over a hundred people, many of whom represented government agencies and other Sharjah-based organisations.
Dubai Chamber of Commerce, Etisalat By E& to Showcase Innovative Digital Payment Solution
9/20/2023 -  Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has hosted a webinar aimed at introducing Small and Medium-sized Enterprises (SMEs) to uTap, a new...
Moiat, Abu Dhabi Chamber Highlight Catalysts of Industrial Growth
9/24/2023 - The Ministry of Industry and Advanced Technology (MoIAT) and the Abu Dhabi Chamber of Commerce and Industry (ADCCI) held a workshop, in cooperation with the Industrial Development Bureau (IDB) of the ...
Alpha Dhabi Acquires Majority Stake in Metito Holdings
9/25/2023 - Alpha Dhabi Holding has announced its acquisition of a majority stake in Metito Holdings Ltd., a global leader in the water and wastewater industry.

Pending regulatory approvals, this pivot...
Investcorp Announces Listing of Portfolio Company, PT Multitrend Indo
9/25/2023 - Investcorp, the Bahrain-based asset manager that counts Mubadala Investment Company as its biggest shareholder, has announced the successful Initial Public Offering (IPO) on the Indonesian stock excha...
Ministry of Economy Highlights UAE’s Efforts in Developing IP Legislation in Cairo
9/25/2023 -  The Ministry of Economy (MoEc), represented by the Intellectual Property (IP) sector, has participated in the 11th Intellectual Property Technical Committee meeting held by the Intellectual Property ...
Minister of Economy Leads UAE Delegation to France to Develop Economic Partnerships
9/26/2023 - An official UAE delegation led by Abdullah bin Touq Al Marri, Minister of Economy, will arrive in France this week to explore further development of economic partnerships between the two countries.
UAE, China Explore Prospects for Cooperation on Labour And Human Resources Development
9/26/2023 - Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, welcomed Li Zhong, Vice Minister of Human Resources and Social Security of the People’s Republic of China, and his accompanying ...
Fujairah Crown Prince Attends Launch of Fujairah, Applauds Its Global Strategic Objectives
9/26/2023 - H.H. Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, has emphasised the significance of bringing attention to the mining sector by identifying future opportunities within t...
AED 123.3 Bn Market Size of 100 Investment Opportunities Under ‘Abu Dhabi Channel Partners’
10/2/2023 - Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED) has unveiled that ADDED will provide 100 investment opportunities, with a combined market size of AED 123.3 b...
Mbrsc Takes Centre Stage at Iac 2023 in Baku, Showcasing Uae's Presence in Global Space Exploration
10/2/2023 - Dubai World Trade Centre (DWTC) has announced that Gulfood Manufacturing, the most influential annual F&B manufacturing event in the world, will take place from 7th to 9th November 2023.

T...
Abu Dhabi National Exhibition Centre Wins Best Venue Award At C&IT Awards
10/7/2023 - Abu Dhabi National Exhibition Centre, one of the ADNEC Group’s venues, won the “Best Venue - Rest of World” for 2023 at the International Conference & Incentive Tourism (C&IT) Awards, strengthening it...
EDGE Signs Strategic Cooperation Agreement With SAHA Istanbul
10/11/2023 -  EDGE, one of the world’s leading advanced technology and defence groups, is attending a dedicated industry summit in Türkiye, hosted exclusively for EDGE by SAHA Istanbul, a respected association rep...
Mohamed Al Hussaini Explores Economic Ties With Pakistani Counterpart
10/15/2023 - Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, met with Shamshad Akhtar, Minister for Finance, Revenue and Economic Affairs of Pakistan, and Jameel Ahmad, Governor of State Bank of...
Economic Development Indicators in Sharjah Recording Impressive Growth: Report
10/16/2023 - Development indicators in the emirate of Sharjah have achieved remarkable growth, as the total business licenses issued and renewed during the year 2022 grew by 5% compared to 2021, to more than 72,24...
Sustainable Irrigation Essential for Increasing Local Food Production
10/16/2023 -  The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has reaffirmed its commitment to promoting the concepts of agricultural and food sustainability, and building the capacity of the agricult...
Du, Dubai Municipality Unveil 'Digital Revolution' in Parks During GITEX Global 2023
10/16/2023 - du, from Emirates Integrated Telecommunications Company (EITC), today announced a collaboration with Dubai Municipality to transform the parks and recreation sector.

The special show durin...

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