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Financials and Investment News in United Arab Emirates

Abu Dhabi Chamber of Commerce to Open Representative Office in Serbia
12/22/2016 -  The Abu Dhabi Chamber of Commerce and Industry will open a representative office in Belgrade in 2017 to help Emirati investors and businessmen who seek to invest in vital sectors in Serbia, revealed ...
Uae Central Bank Announces M1 Increases to Aed472.6 Billion
12/25/2016 - The Central Bank has announced that the Money Supply aggregate M1 increased by 0.04%, from AED472.4 billion at the end of October 2016 to AED472.6 billion at the end of November 2016..

In its...
Director of Economic Affairs at Mofaic Receives Kazakhstan’s Vice Minister for Investment
12/26/2016 - Fahad Obaid Al Taffaq, Director of Economic and Trade Affairs at the Ministry of Foreign Affairs and International Co-operation, received Yerlan Khairov, Kazakhstan’s Vice Minister for Investment and ...
Ministry of Economy organises 4th meeting of Higher Committee for Consumer Protection
12/26/2016 - Sultan bin Saeed Al Mansouri, Minister of Economy, headed the 4th meeting of the Higher Committee for Consumer Protection (HCCP) for 2016, which was recently held at the Meydan Hotel in Dubai.

...
DUBAI: Mof Holds Meeting of Government Financial Policy Coordination Council for 2016
12/27/2016 - The Ministry of Finance, MoF, has organised the third and final meeting of the Government Financial Policy Coordination Council for 2016 at its premises in Dubai.

The meeting was headed by Yo...
Gulf Markets Likely to Move Little, UAE May Outperform
12/27/2016 - Gulf stock markets look likely to move little with some foreign investors absent for New Year holidays and few fresh cues from corporate news or global markets.

Asian bourses and crude oil pr...
Emirates Global Aluminum opens sales office in St. Louis
12/28/2016 - Emirates Global Aluminum, EGA, has announced the opening of its new and larger sales office in St. Louis to expand its presence in the United States, a market it has served for nearly two decades.
...
DUBAI:Hamdan Innovation Incubator Signs Mou to Protect Patents
12/29/2016 -  Hamdan Innovation Incubator, an initiative of Dubai SME, the agency mandated to foster the small and medium enterprise sector, has signed a memorandum of understanding, MoU, with United Trademark and...
Gulf set to consolidate, Saudi money supply data is positive
12/29/2016 -  Gulf stock markets look set to consolidate with few fresh incentives, as global bourses and oil prices have moved little over the past 24 hours.

Saudi Arabian money supply data released late...
DUBAI:MoF receives delegation from Kuwait Capital Markets Authority
12/29/2016 - In a bid to strengthen its network of relations with various stakeholders and regional and international entities, the Ministry of Finance, MoF, has received a delegation from Kuwait Capital Markets A...
Dubai Economic Council Enhances Partnership with Bank of China
1/1/2017 - The Bank of China is expected to play a role in some of the UAE’s most important projects, including infrastructure, tourism, real estate, trade and logistics.

Dubai has a wide network of eco...
Gulf Mixed in Early Trade, Omani Falls after Budget
1/2/2017 -  Gulf stock markets were mixed in early trade as most reopened after the New Year, with some investors yet to return from holidays.

Oman fell after authorities announced a tight budget for 20...
Gulf May Have Firm Tone as More Markets Start Year
1/2/2017 -  Gulf stock markets may have a slightly firm tone as most reopen after New Year holidays, although there is very little direction from global markets or fresh corporate news within the region.
Ministry of Economy Discuss Ways to Deepen Economic Ties with Tatarstan
1/2/2017 - Ways to reinforce economic and trade relations and opportunities for mutually beneficial investments between the UAE and Republic of Tatarstan were discussed at a meeting between Sultan bin Saeed Al M...
Dubai: DGCX Announces Its Achievement in 2016
1/3/2017 - Dubai Gold and Commodities Exchange, DGCX, has recorded a growth of 36% over 2015. In 2016, the Exchange reached its highest annual volume traded with an aggregate of 19.7 million contracts, valued at...
Infrastructure sector receives 30% of Sharjah budget, says Chairman of Finance Department
1/3/2017 - Sheikh Mohammed bin Saud Al Qasimi, Chairman of the Central Department of Finance in Sharjah, stressed that infrastructure received about 30 per cent of total government expenditures in the general bu...
Dubai Investments launches ‘Mirdif Hills’ project
1/3/2017 - Investments has broken ground on the Mirdif Hills project, being developed by its subsidiary, Dubai Investments Real Estate Company, DIRC.

The AED3 billion Mirdif Hills is a mixed-use residen...
United Arab Emirates, Qatar May Stay Firm, Saudi Stagnate on Oil
1/4/2017 - Stock markets in the United Arab Emirates and Qatar may stay firm after healthy gains on the previous day, but Saudi Arabia stalled and lower oil prices may cause that pattern to continue there.
UAE Non-Oil Private Sector Continues Growth Momentum in December
1/4/2017 - Growth momentum in the UAE’s private sector non-oil activity continued to strengthen in December 2016, driven by improving economic conditions, according to Emirates NBD.

Output rose at the "...
Dubai World Trade Centre Awards AED725 M Contract For One Central Project
1/4/2017 - Dubai World Trade Centre has awarded Al Futtaim Carillion AED725 million contract to deliver phase 1A6 of One Central, a major development located between the current Dubai International Convention an...

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