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Financials and Investment News in United Arab Emirates

DUBAI: India UAE Conference Pitches for Greater Trade and Investment
3/20/2017 -  Under the patronage, and in the presence of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development, the 2nd Annual All India Management Associatio, AIMA, India-UAE Confere...
dubia :Value of UAE's margin trading finance hits all-time high in January and February 2017
3/21/2017 - The value of margin trading finance on Abu Dhabi and Dubai Security Exchange Markets hit AED31 billion in January and February 2017, an all-time-high since the inception of margin trading in 2008.
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DUBAI: Ministry Of Finance Launches Phase One of Tax Awareness Workshops in the UAE
3/21/2017 - The UAE Ministry of Finance has launched the first phase of its awareness and education workshops that will prepare businesses for the new tax system that will be introduced by the end of this year, i...
UAE Ranks Ninth In Global List of Total Exports and Re-Exports of Creative Goods Industries
3/22/2017 - In a recent study issued by the Department of Industry and Trade Information Analysis at the Ministry of Economy, global export of creative goods grew to approximately US$538 billion in 2015, acquirin...
DUBAI: Jafza Organizes American Business Forum
3/22/2017 - Jebel Ali Free Zone, Jafza, a DP World Company and the UAE’s flagship trade and logistics hub for the Middle East region and Africa, organised a business forum for American companies operating in the ...
Dubai Duty Free Expects $2 Mln Sales Hit From Electronics Ban
3/23/2017 -  Dubai International Airport's duty free operator estimates that it will lose about $2 million in sales this year from the ban on carrying most electronic devices on United States-bound flights, a sen...
Dubai Chamber Seeks to Boost Ties with RACK And Madinah
3/23/2017 - The Dubai Chamber of Commerce and Industry hosted representatives from the Ras al-Khaimah Chamber of Commerce and Industry and Saudi Arabia’s Madinah Chamber of Commerce and Industry at its head offic...
UAE Is Committed to Further Strengthening Trade and Economic Relations with Mexico
3/26/2017 - The UAE is committed to further strengthening trade and economic relations with Mexico and maximising the potentials of their partnership, said Sultan bin Saeed Al Mansouri, Minister of Economy, durin...
Dubai: Mof Organises Workshops in Preparation for The 2018 Federal Budget
3/26/2017 - A total of 11 training workshops were conducted by the Ministry of Finance, MoF, in March, to train and initiate federal entities on the preparation of the draft of the federal budget for the fiscal y...
Emirati Investments in Industrial Sector Stood at Aid 112 Billion in 2016
3/27/2017 - Emirati investments in the industrial sector amounted to AED112 billion in 2016, accounting for 86 percent of the total investments in this vital sector to the national economy, UAE Minister of Econom...
DUBAI: DIB Launches Panin Dubai Syariah Bank in Indonesia
3/27/2017 -  Dubai Islamic Bank, DIB, has celebrated the launch of Panin Dubai Syariah Bank in Indonesia.

The event was attended by DIB Group CEO Dr. Adnan Chilwan, key local officials including Muliaman...
Dubai: Central Bank Issues Statement on Impending Merger of NBAD And First Gulf Bank
3/28/2017 - With the impending merger of National Bank of Abu Dhabi and First Gulf Bank, the last date for The Emirates Interbank Offered Rate, EIBOR, submissions by First Gulf Bank , the Central Bank of the UAE ...
Dubai: UAE Banks' Credit to Industrial Sector Grows by 190 Percent in 10 Years
3/29/2017 - The UAE bank credit to the industrial sector grew by 190 percent to AED70 billion over the past decade, accounting for 4.8 percent of the total loans channelled to business sectors in the UAE by the e...
Dubai Chamber Reviews the Emirates Economic Landscape with Diplomats
3/29/2017 - Al Ghurair: Building linkages and communicating with the diplomatic community is essential for the economic growth of Dubai Al Mutaiwee: Diplomats play a key role in forging partnerships between coun...
Dubai Economy adopts Global Star Rating System for Services to enhance customer happiness
3/30/2017 - Dubai Economy announced the adoption of the ‘Global Star Rating System for Services’ for application across commercial establishments in the emirate in the presence of Ohood bint Khalfan Al Roumi, Min...
UAE Ministry of Economy seeks stronger ties with Turkey, Brazil and El Salvador on sidelines of GMIS
3/30/2017 - The Ministry of Economy has discussed prospects to boost industrial, investment and trade cooperation with Turkey, Brazil and El Salvador on the sidelines of the Global Manufacturing and Industrialisa...
DUBAI: Mohammed Bin Rashid Receives Economic Ministers at AIM 2017
4/2/2017 - His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has received several economic ministers participating in the Annual Investment Meeting forum, AIM...
Dubai: Major Abu Dhabi Lenders Merge to Create UAE's Largest Bank
4/3/2017 - Two major lenders in the United Arab Emirates, the First Gulf Bank and the National Bank of Abu Dhabi, have completed a merger to become the largest bank in the country under the name First Abu Dhabi ...
Dubai: Sharjah FDI Expected to Break AED 1 Bln Barrier by End Of 2017
4/3/2017 - Sharjah's total foreign direct investment is expected to exceed a record AED1 billion by the end of the year - an anticipated growth of 15 per cent on 2016, the Sharjah FDI Office (Invest in Sharjah) ...
Dubai: UAE Minister of Economy Discuss at AIM 2017
4/4/2017 - UAE Minister of Economy discusses cooperation opportunities with Asian, European and African counterparts at AIM 2017 Sultan bin Saeed Al Mansouri, Minister of Economy, received a number of senior gov...

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