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Financials and Investment News in United Arab Emirates

UAE’s Paper Market Set To Grow 26% in 5 Years
2/24/2018 - Manufacturers of writing instruments from throughout the world will launch their latest products at a Dubai exhibition this month, with an Arabic calligraphy pen among the new items targeting a UAE ma...
‘Invest In Sharjah’ and Netherlands Commit to Closer Trade Ties
2/24/2018 - Sharjah and the Netherlands committed to work more closely with each other and strengthen and expand trade ties even further .

During a series of panels and debates at a round table event, me...
UAE Ranked First Globally in 50 Development Indexes
2/26/2018 - According to the Global Competitiveness Report 2017-2018, the UAE has ranked first globally in 50 indices related to many vital community, services and development sectors.

The Vice President...
Abu Dhabi: Central Bank hosts 1st meeting of the new Higher Sharia Authority
2/26/2018 - The Higher Shari’a Authority has held its 1st meeting of 2018 at the Central Bank Head Office, Abu Dhabi, to highlight the authority's objectives and the steps that must be taken to ensure achieving t...
The second Global Business Forum on Latin America welcomes high-profile delegations
2/26/2018 - The second Global Business Forum on Latin America welcomes high-profile delegations from the region, including current and former heads of state, ministers, decision makers and experts to develop trad...
Abu Dhabi: Central Bank with the Federal Tax Authority Signed a Memorandum of Understanding
2/26/2018 - The UAE Central Bank has signed a Memorandum of Understanding, MoU, with the Federal Tax Authority, FTA, to facilitate tax collection through the UAE Funds Transfer System, UAEFTS, that offers a timel...
Abu Dhabi: FTA Sets February 28 as Deadline to Submit Tax Returns
2/26/2018 - The Federal Tax Authority, FTA, has called on all businesses registered for the Value Added Tax, VAT, whose first tax periods end on 31st January, 2018, to submit their tax returns and pay their due t...
Panama's President calls on UAE companies to accelerate bilateral trade
2/27/2018 -  President Juan Carlos Varela Rodr?guez of Panama has confirmed his participation in Expo 2020 Dubai while addressing a global business meeting in Dubai.

President Rodr?guez called on the UA...
Abu Dhabi's iron, steel, copper trade hits AED22 billion in 2017
2/27/2018 - Abu Dhabi's trade in iron, steel and copper in 2017 amounted to AED22 billion, a growth of around 4 percent from AED21.16 billion in 2016, accounting for 13.7 percent of the emirate's total non-oil me...
UAE right business partner: Ecuador’s Foreign Trade Minister
2/27/2018 - Ecuador offers huge potential for UAE companies and investors as new innovative technologies create fresh attractive business opportunities in the Latin American country, Ecuador’s Minister of Foreign...
The UAE Central Bank's:Term Deposits Surge to AED 636.2 billion in 2017
2/27/2018 - The UAE Central Bank's term deposits in 2017 totaled AED636.2 billion, accounting for 46.1 percent of the total deposits which included 415.34 in local currency and an equivalent of AED220.85 in forei...
Abu Dhabi: EGA Announces FY2017 Resultsu
2/27/2018 - Emirates Global Aluminium reported net income for 2017 of AED3.3 billion, or US$900 million, a 59 percent increase on 2016.

EGA’s revenue increased to AED20.5 billion in 2017 compared to AED...
UBF Commends Banking Sector’s Contribution To Society
2/27/2018 - The UAE Banks Federation, UBF, has commended the banking sector’s contribution to society, and urged its members to adopt more corporate social responsibility initiatives in 2018.

Recognising...
Dubai: MRIF Evaluating AED 22 Million Investments in Q2 2018
2/27/2018 -  The Mohammed bin Rashid Innovation Fund, MBRIF, an AED2 billion operated by the Emirates Development Bank, EDB, hosted its strategy meeting with partners from the Ministry of Finance and members of i...
His Highness Sheikh Mohammed bin Rashid receives Panama President.
2/27/2018 - The Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, received, President Juan Carlos Varela of Panama.

His Highness welcomed President Va...
Dubai Chamber Signs Mou with Bogotá Chamber of Commerce to Boost Bilateral Business Ties.
2/28/2018 - The Dubai Chamber of Commerce and Industry signed a memorandum of understanding with the Bogotá Chamber of Commerce on the sidelines of the Global Business Forum on Latin America 2018, which paved the...
UAE's Financial, Economic Developments Require Unified Laws, Procedures
2/28/2018 - The UAE is witnessing remarkable developments on financial and economic levels and these achievements require unified laws and procedures at the federal and local levels, and consolidated efforts to s...
Dubai: Mof Issues Financial Circular Concerning Federal Budget Preparation
3/1/2018 - H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, has issued the Financial Circular No. 01 of 2018 concerning the preparation of the draft of the federal bud...
Dubai: Germany to participate in Expo 2020
3/1/2018 - Germany, Europe’s largest economy and one of the world’s leading supporters of renewable energy, has sealed its EUR50 million, AED226 million, investment in the next World Expo by signing an official ...
Danish eco-friendly packaging company expands into Mideast
3/3/2018 - Field Advice, Scandinavia’s leading supplier of food packaging, has recently signed a partnership with Alpha Sky as part of its international expansion plans in the Middle East and to meet the increas...

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