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Financials and Investment News in United Arab Emirates

DUBAI: Construction Sector to Grow to US$ 336 Billion by 2020
5/1/2017 - The estimated value of the building and construction industry in the Middle East and North Africa, MENA, region is expected to surge to US$336 billion by the year 2020, according to recent business re...
Dubai: Emirates Investment Bank Reports Financial Results for the First Quarter of 2017
5/2/2017 -  Emirates Investment Bank announced that its Q1 2017 net profit tripled to AED16.57 million, comparing to AED4.88 million in Q1 2016. The bank also said that Q1 2017 operating income doubled to AED47...
Dubai Launches First-Ever Dubai Association Conference
5/3/2017 - The Dubai Association Centre, DAC, has announced the launch of the first-ever Dubai Association Conference which will be held on 11th and 12th December, 2017, at the Dubai World Trade Centre.

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Dubai Investments Records Net Profit of AED 289 Million in Q1, 2017
5/7/2017 - Dubai Investments has announced net profit of AED 289 million in the first quarter (Q1) of 2017, compared to AED 298 million for the same period last year.

Total income for the period was AED...
Kazakhstan's Prime Minister Receives UAE Ambassador
5/7/2017 - Kazakhstani Prime Minister, Bakytzhan Sagintayev, has received Dr. Mohamed Ahmed bin Sultan Al Jaber, the UAE Ambassador to Kazakhstan, to discuss means of strengthening cooperation between the two co...
Dubai Economy Launches ‘Digital Protection’ Initiative to Certify E-Commerce Websites
5/16/2017 - Dubai Economy has launched a new initiative to certify e-commerce websites, as part of its efforts to protect consumers, resolve their complaints and ensure best practices in online transactions.
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ABU DHABI: ADX Achieves 99 Percent in Disclosure Compliance in Q1, 2017
5/16/2017 - Abu Dhabi Securities Exchange, ADX, has succeeded in achieving 99 percent compliance regarding the disclosure of first quarter (Q1) 2017 financial statements of its listed public joint stock companies...
Abu Dhabi Chamber Organizes a Panel Discussion on the New Procedures of Daman
5/16/2017 - The Abu Dhabi Chamber of Commerce and Industry organized a Panel Discussion on the new procedures of Daman and the Health Authority in Abu Dhabi.

Mr. Abdullah Ghurair Al-Qubaisi, Deputy Direc...
Dubai's Trade with Qatar Grows 92 Pct between 2011 and 2016
5/17/2017 - Dubai's trade with Qatar grew 92 per cent in the period from 2011 to 2016, reaching AED15 billion last year, according to Sultan bin Sulayem, DP World Group Chairman and CEO and Chairman of Ports, Cus...
Emirates NBD Issues Annual Sustainability Report
5/17/2017 - Emirates NBD has issued its first annual Sustainability Report covering social, ethical, corporate governance and environmental performance across the calendar years 2015 and 2016.

The report...
Egyptian Minister Receives UAE Ambassador.
5/17/2017 - Dr. Ali Moselhi, Egyptian Minister of Supply and Internal Trading, has received Juma Mubarak Al Junaibi, UAE Ambassador to the Arab Republic of Egypt and Permanent Representative to the Arab League.
Abu Dhabi Chamber Launched an Initiative to Naturalize the Position of Corporate
5/18/2017 - The Abu Dhabi Chamber of Commerce and Industry announced it is launching an initiative to naturalize Corporate Excellence Expert positions in the private sector.

His Excellency Mohamed Helal ...
Dubai: Actual Expenditures for Federal Ministries Amounted to AED 47,604 Million for 2016
5/21/2017 - The actual expenditures for federal ministries amounted to AED 47,604 million for 2016, according to government statistics.

''The completion ratio for expenditures and revenues was 96 percent...
Abu Dhabi: Chinese Delegation Briefed on Investment Opportunities in Abu Dhabi
5/21/2017 - A governmental and commercial delegation from China has visited the headquarters of Abu Dhabi's Department of Economic Development, ADDED, as part of a visit to the UAE aimed to get a closer look at i...
UAE Central Bank Signs Mou with Abu Dhabi Judicial Department
5/22/2017 - The Central Bank of the UAE has signed an MOU with the Abu Dhabi Judicial Department, regarding electronic linkage with local courts, to facilitate execution of judgments, court orders and decisions i...
UAE Participates in 13th World Congress of International Road Safety Organization
5/22/2017 - A delegation from the UAE, chaired by Brigadier Ghaith Hassan Al Zaabi, Director-General of Traffic Coordination at the Ministry of Interior, has participated in the World Congress of the Internationa...
Dubai Internet City Affirms Role As Enabling Platform For Entrepreneurs And Smes
5/23/2017 - Dubai Internet City, DIC, has affirmed its role as enabling platform for entrepreneurs and small and medium-sized enterprises, SMEs, at the 20th edition of TECOM SME Builder.

The event, organ...
Dubia: Ali Salem Al-Kaabi Inaugurates the Annual Exhibition of Women Entrepreneurs
5/23/2017 - Under the patronage of Her Highness Sheikha Fatima Bint Mubarak “Mother of the Nation”, Chairwoman of the General Women's Union, Supreme Chairwoman of the Family Development Foundation, President of t...
Dubai Chamber, Kenya National Chamber Sign Mou to Enhance Economic Cooperation
5/24/2017 - Agreement established a practical framework to strengthen trade relations between Dubai and Kenya

Dubai, UAE: The Dubai Chamber of Commerce and Industry and the Kenya National Chamber of Comm...
UAE Ambassador Visits The New Zealand Islamic Development Trust.
5/24/2017 - Saleh Ahmad Al Suwaidi, Ambassador of the UAE to New Zealand, has visited the New Zealand Islamic Development Trust in Auckland.

The visit comes in line with the Holy Month of Ramadan, and th...

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