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Financials and Investment News in United Arab Emirates

UAE Focusses On Tourism to Boost Post-Oil Economy
11/23/2016 - The UAE takes a keen interest in the tourism sector as it is one of the main pillars to prop the post-oil economy, said Sultan bin Saeed Al Mansouri, Minister of Economy.

Under the directives...
Dubai Chamber Highlights Business Synergies With Malta
11/24/2016 - H.E. Majed Al Shamsi, 1stVice Chairman, Dubai Chamber of Commerce and Industry, received a strong 40-member Maltese delegation led by Hon Dr. Konrad Mizzi, Minister in the Office of the Prime Minister...
Minister of Finance of the Indian State of Kerala Receives UAE Consul
11/26/2016 - Thomas Isaac, Minister of Finance of the Indian state of Kerala, has received Jamal Hussain Al Za'abi, UAE Consul-General in Kerala, and wished success for his mission of promoting relations between I...
Abu Dhabi Global Market and Financemalta Sign Mou on Bilateral Cooperation
11/27/2016 -  Abu Dhabi Global Market, ADGM, the international financial centre in Abu Dhabi, and FinanceMalta, the organisation responsible for the development of Malta’s financial centre, have signed a Memorandu...
Tajikistan Ambassador Discusses Expanding Cooperation and Increasing Joint Investments
11/28/2016 - His Excellency Mohammed Thani Murshid Al-Rumaithi, Chairman of the Federation of the UAE Chambers of Commerce and Industry and Chairman of the Abu Dhabi Chamber of Commerce and Industry, received His ...
UAE, Serbia Seek Stronger Economic Co-Operation
11/29/2016 - Ways of expanding economic relations and co-operation in tourism, agriculture, construction and investment, and increasing trade between the UAE and Serbia were at the centre of talks held on Monday b...
Dubai Trade Offers E-Payment Gateway Solution for Cross-Border Trade
12/5/2016 - Dubai Trade, the single window for cross-border trade and smart trading solutions, has announced the integration of the online services of Trakhees, the Department of Planning and Development and part...
UAE participates in Arab Ministries of Economy meeting in Cairo
12/6/2016 -  A number of issues especially the follow-up on the implementation of the Greater Arab Free Trade Area (GAFTA) will be discussed at the 42nd meeting of the senior officials of Implementation and Follo...
Dubai Chamber Set To Host Global Finance Symposium
12/7/2016 - The Dubai Chamber of Commerce and Industry and the University of Dubai will jointly host the two-day World Finance and Banking Symposium at the university’s new premises in Dubai Academic City on Dece...
Dubai Customs Wins Business Award from Business Intelligence Group
12/7/2016 -  Dubai Customs has recently won the Business Award from Business Intelligence Group for its distinctive performance and innovative products and services.

Dubai Customs says that it is the fir...
Abu Dhabi Aviation and CAE Expand Commercial and Business Aviation Training Agreement
12/8/2016 - Abu Dhabi Aviation, ADA, and CAE Inc., a Canadian company specialising in training for civil aviation, defence and security, have announced the expansion of their commercial, business, and helicopter ...
DGCX and CGSE Sign Mou to Boost Precious Metals Market Development
12/12/2016 - The Dubai Gold and Commodities Exchange, DGCX, signed a Memorandum of Understanding, MoU, with the Chinese Gold and Silver Exchange Society, CGSE, in Hong Kong.

As leading markets for preciou...
Noor Bank wins Critics' Choice Best Islamic Retail Banking Brand Award
12/13/2016 - Noor Bank has been named as winner of the Critics’ Choice Best Islamic Retail Banking Brand Award 2016, at the World Islamic Retail Banking Conference Awards 2016, hosted by UK-based Cambridge Analyti...
UAE-China trade expected to grow to $60bn by end of 2016, says official
12/14/2016 - Trade between the United Arab Emirates, UAE, and China is expected to increase to US$60 billion (AED216 billion) by the end of this year, up from $54.8 in 2015, as the UAE is now China's second larges...
Central Bank hikes interest rates on Certificates of Deposits
12/15/2016 - The Central Bank of the UAE, CBUAE, has announced that it has raised interest rates applied to its Certificates of Deposits in line with the increase in the interest rates on US Dollar, following the ...
Ajman Bank Signs Cooperation Agreement with Takaful Emarat
12/18/2016 - Takaful Emarat Insurance is to provide Sharia-compliant life and health insurance to the clients of Ajman Bank under an agreement signed between the two parties.

The signing was witnessed by ...
UAE ranked 20th among world's top 20 exporters and first in Middle East and Africa
12/18/2016 - The 31st edition of the International Autumn Trade Fair 2016, IATF 16, concluded on Friday at the Dubai International Convention and Exhibition Centre with excellent results.

It was announc...
Central Bank Approves Requests of a Number of Banks to Expand Activities
12/20/2016 - The Board of Directors of the Central Bank of the UAE has approved a number of applications of banks and other financial institutions working in the UAE to expand their activities and open new branche...
Trade between Dubai and Spain reached AED3.4 bn in H1
12/20/2016 -  The total trade between Dubai and Spain reached AED3.4 billion during the first half of this year, senior Dubai Customs has revealed.

''Imports, exports and re-exports stood at AED2.77 bn,...
Emirates NBD named ‘Bank of the Year - UAE 2016’ by The Banker
12/21/2016 - Emirates NBD, a leading bank in the region,announced that it has been named The Banker’s ‘Bank of the Year – UAE 2016’. The awards, considered among the most prestigious by the global banking communit...

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