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Financials and Investment News in United Arab Emirates

GCC-Turkey Partnership Vital For Economic Development - UAE Minister
2/7/2017 - UAE Minister of Economy Sultan Al-Mansoori stressed on the importance of the partnership between the Gulf countries and Turkey to boost economic development in the region.

In a joint confere...
Dubai Chamber Hosts Workshop on Drafting Business Contracts
2/8/2017 - As part of its efforts to support the growth and development of Dubai’s business community, the Dubai Chamber of Commerce and Industry, DCCI, recently organised a workshop to raise awareness on the le...
Dubai: UAE Ambassador Meets Kazakhstan's Minister of Investment and Development.
2/8/2017 - UAE Ambassador to Astana Dr. Mohammed Ahmed bin Sultan Al Jaber, met here with Kazakh Minister of Investment and Development Zhenis Kassymbek.

The meeting discussed bilateral relations and wa...
Abu Dhabi discusses increasing industrial cooperation between companies in Abu Dhabi and India
2/12/2017 - 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 ...
Dubai : IMF Expects Global Economic Activity to Pick Up This Year
2/12/2017 - number of Arab Ministers of Finance, governors of central banks, presidents of financial institutions, and senior officials and experts from regional and international financial organisations are atte...
Dubai : FGB Collaborates With ADGM to Place 1st Leasing Spvs into the ATM Franchise
2/13/2017 - FGB, a leading UAE bank, has successfully concluded one of Abu Dhabi’s first Special Purpose Vehicle, SPV, aircraft financing deals, in collaboration with Abu Dhabi Global Market, ADGM, the Internatio...
DUBAI: Mof Organizes a High-Level Ministerial Session to Discuss Economic Diversification
2/13/2017 - The Ministry of Finance (MoF), in cooperation with the Prime Minister’s Office and the International Monetary Fund (IMF), held a high-level closed session on economic diversification, on the sidelines...
Dubai: Union National Bank Announces Profit of AED1.58bn For 2016
2/15/2017 - Union National Bank, UNB, reported net profits of AED1.58 billion in 2016 with an operating profit of AED2.35 billion, lower by 13 percent.

The operating income for 2016 was AED3.49 billion, ...
Dubai: Mof Signed Two Agreements on Avoidance Of Double Taxation, and Promotion of Investment
2/16/2017 - The Ministry of Finance, MoF, has signed two final agreements on the avoidance of double taxation and the protection and promotion of investment with Burundi.

The agreements came as part of t...
Dubai: UAE Ambassador Meets Kazakhstan's Minister of Investment and Development.
2/16/2017 - Dr. Mohammed Ahmed bin Sultan Al Jaber, UAE Ambassador to the Republic of Kazakhstan, has met with Kazakh Minister of Investment and Development, Kasymbek Z.M., at the ministry in Astana.

Sai...
United Arab Emirates Sudan Discuss Bilateral Ties.
2/19/2017 - H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, received Sudanese Foreign Minister Ibrahim Ahmed Ghandour,

H.H. Sheikh Abdullah bin Zayed...
United Arab Emirates Central Bank Announces Banking Developments
2/19/2017 - The UAE Central Bank has announced that the money supply aggregate, M1 (currency in circulation outside banks and monetary deposits in current accounts and call accounts at banks), increased by 1.3 pe...
Dubai : The GCC Commercial Arbitration Center Organize A Training Program to Prepare Arbitrators
2/20/2017 - The Abu Dhabi Commercial Conciliation and Arbitration Centre (ADCCAC), an initiative by the Abu Dhabi Chamber of Commerce and Industry, is organizing a program to prepare and habilitate arbitrators in...
Dubai: Abu Dhabi Chamber Launches Its New Economic Magazine Business Voice
2/22/2017 - The Abu Dhabi Chamber of Commerce and Industry celebrated the launch its new economic magazine Business Voice in its electronic and printed forms.

His Excellency Mohammed Thani Murshid Al-Ru...
Dubia: ADFD delegation studies progress of two Bangladesh projects valued at AED225 million
2/28/2017 - Abu Dhabi Fund for Development (ADFD) has dispatched a delegation to Bangladesh to review and study the current status of its two funded projects – the Sikalbaha Power Station and the South Asia Sub r...
Dubia: UAE MoFAIC, Argentinian delegation discuss enhancing co-operation.
3/1/2017 - Fahad Obaid Al Taffaq, Director of Economic and Trade Affairs at the UAE Ministry of Foreign Affairs and International Cooperation, met with a high-level Argentine delegation comprising Juan Schiarett...
Dubai: UAE Islamic Banking Assets Reach AED 520 Billion
3/2/2017 - Saif Hadef Al Shamsi, Assistant Governor for Monetary Policy and Financial Stability at the UAE Central Bank, has said that total Islamic banking assets in the UAE have increased to approximately AED5...
Dubai:Discusses increasing joint investments between Emirati and Indonesian companies
3/14/2017 - His Excellency Mohammed Thani Murshid Al-Rumaithi, Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of the Abu Dhabi Chamber of Commerce and Industry, received His Exce...
UAE Central Bank raises interest rates applied to the issuance of its certificates of deposits
3/16/2017 - The Central Bank of the UAE, CBUAE, has announced that, as of March 16th, it will raise interest rates applied to the issuance of its Certificates of Deposits, in line with the increase in interest ra...
Dubai: Ministry of Finance Organizes Workshop on Private-Public Sector Partnerships
3/19/2017 - Ministry of Finance, MoF, in collaboration with The Word Bank Group, WBG, organised a workshop today in Dubai on the importance of private-public sector partnerships and adopting performance-based con...

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