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Financials and Investment News in United Arab Emirates

UAE Food Safety Rating Increased 24 Percent in Three Years, Says Moccae
1/7/2017 - The Ministry of Climate Change and Environment, MoCCAE, has announced that the food safety rating in the UAE has increased 24 percent in the last three years to reach 98 percent in 2016 compared to 74...
DUBAI : Nakheel and Centara to build beachfront resort with waterpark
1/9/2017 - Dubai-based developer Nakheel and Thai hotel group, Centara Hotels and Resorts, today signed a joined venture agreement to create a 550-room, AED500 million beachfront resort with waterpark on Deira I...
DUBAI:DFM and Astana International Financial Centre explore mutual cooperation
1/9/2017 - Dubai Financial Market, DFM, has briefed a Kazakh delegation on Dubai’s leading position as a dynamic capital markets hub as well as DFM’s active role in further strengthening this position.

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Dubai Chamber of Commerce adds 16,800 companies to its member network in 2016
1/9/2017 -  Dubai Chamber of Commerce and Industry saw its network of members grow by 9 percent or 16,800 companies in 2016, bringing the organisation’s total membership to 201,000 by the end of the year.
Dubai Maintains Position As Leading Destination for Business Events
1/10/2017 -  Dubai Business Events, DBE, has recorded its most successful year to date, winning 129 bids and proposals for upcoming conferences, meetings and incentive trips in partnership with local stakeholders...
DHABI: ADDED Seizes Over 500,000 Fake Auto Spare Parts Worth AED15 Million in Al Ain
1/10/2017 - More than 500,000 fake auto spare parts, with a market value of AED15 million, were confiscated from a store in Al Ain city.

The Abu Dhabi Department of Economic Development, ADDED, described...
Jafza Issues New Company Regulations
1/10/2017 - Jebel Ali Free Zone (Jafza), a DP World Company, has issued a new set of guidelines for the Jebel Ali Free Zone Companies Implementing Regulations 2016 that enable foreign companies to transfer and co...
Dubai and Shurooq SME Sign Mou
1/11/2017 - The Sharjah Investment and Development Authority, Shurooq, has signed a Memorandum of Understanding, MoU, with Dubai SME, the agency of the Department of Economic Development in Dubai mandated to deve...
DUBAI: European Union’s recognition of DFSA’s 'central counterparty' framework
1/11/2017 - Nasdaq Dubai has welcomed the announcement that the regulatory framework of Dubai Financial Services Authority, DFSA, for central counterparties has been classified as equivalent to that of the Europe...
Dubai: Du Shareholders Approve Proposed Capital Reduction
1/12/2017 - Emirates Integrated Telecommunications Company, du, has announced that it has held a General Meeting where shareholders voted in favour of a Board of Directors’ recommendation to reduce the company’s ...
Uae Minister of State Meets Indian Prime Minister to Discuss Promotion of Joint Economic Relations
1/12/2017 - Dr. Rashid Ahmed Bin Fahad, UAE Minister of State, has discussed ways to enhance economic ties, expand areas of cooperation and raise bilateral trade and investments with Narendra Modi, the Indian Pri...
Abu Dhabi Ports and Khalidia International Shipping sign AED80 million Musataha Agreement
1/15/2017 - Abu Dhabi Ports has signed a Musataha Agreement with Khalidia International Shipping, a subsidiary of Emirates Business Group, EBG, to set up a third-party logistics (3PL) warehouse with a total inves...
Gulf Markets Edge Down in Early Trade on Q4 Earnings
1/16/2017 - Gulf stock markets edged down in early trade after several earnings misses by major companies, with Kuwait stalling after a very strong start to the year.

Qatar's index slipped 0.2 percent a...
Dhabi Crown Prince Receives Japanese Minister of Economy, Trade and Industry
1/16/2017 - His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received Hiroshige Seko, Japanese Minister of Economy, Trade and Indust...
President of Kazakhstan visits Abu Dhabi International Financial Centre
1/16/2017 - Abu Dhabi Global Market, ADGM, the international financial centre in the capital of the UAE, received President Nursultan Nazarbayev of the Republic of Kazakhstan during his official visit to the coun...
Dubai Financial Services Published Findings in International Financial Centre
1/16/2017 - Dubai Financial Services Publishes Findings of Trade Finance Review in International Financial Centre

The Dubai Financial Services Authority (DFSA) published a Trade Finance Report detaili...
Dubai Grew 2.7% In 2016, 3.1% Growth Expected in 2017: Ahmed Bin Saeed Al Maktoum
1/17/2017 - His Highness Sheikh Ahmed Bin Saeed Al Maktoum, President of Dubai Civil Aviation, Chief Executive of the Emirates Group and Chairman of the Economic Development Committee in Dubai, said the economy o...
Massive ‘Invest in Sharjah’ presence at Vibrant Gujarat Global Summit 2017
1/17/2017 - The Emirate of Sharjah has made a striking impact at India’s Vibrant Gujarat Global Summit 2017, one of that nation’s most important business forums.

As home to the region’s largest industri...
DHABI :UAE Ministry of Economy Signs Memorandum of Cooperation with Japan on Smes And Innovation
1/18/2017 - The UAE Ministry of Economy, MoE, has signed a Memorandum of Cooperation, MoC, with its counterparts from Japan on key aspects concerning innovation and small and medium enterprises, SMEs, to promote ...
DUBAI: NAEEM Shares and Bonds Becomes Member of Nasdaq Dubai’s Equity Futures Market
1/18/2017 - NAEEM Shares and Bonds, NSB, brokerage has joined Nasdaq Dubai’s equity futures platform as a member in order to connect its UAE, Egyptian and international clients to the fast growing market.

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