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Financials and Investment News in United Arab Emirates

Waha Capital Q1 2018 Net Profit Rises 22.6% To AED 107 Million
5/13/2018 - Waha Capital PJSC has reported a 22.6 percent rise in first quarter net profit to AED107 million, driven by a strong performance by the company’s asset management division and the disposal of 3.77 mil...
High-Tech To Bridge $1.5 Trillion Trade Finance Gap, Accelerate SME Growth Over Next Decade: Report
5/15/2018 -  Industrial readiness in the trade sector and technology advancements could bridge the current $1.5tn trade finance gap, with potential to inject new growth in trade, according to a report on ‘The Fut...
Jafza generates over US$83 billion in trade
5/15/2018 -  DP World UAE Region, including Jebel Ali Free Zone, Jafza, has reaffirmed its position as the region’s top trade and logistics hub by generating 29.4 million metric tonnes, MT, of trade, valued at US...
Governor of DIFC, China’s Vice Minister of Commerce Discuss Future Collaboration
5/16/2018 - Essa Kazim, Governor of Dubai International Financial Centre, DIFC, and Arif Amiri, Chief Executive Officer of DIFC Authority, yesterday received a senior delegation from China, led by Qian Keming, Vi...
UAE Ambassador Participates in 'Vietnam-Middle East Trade Forum'.
5/16/2018 - The UAE Ambassador to Vietnam, Obaid Saeed Obaid Al Daheri, participated in the Vietnam-Middle East Trade Forum which was recently held in Ho Chi Minh City, to help boost trade between the two sides.<...
BPC President: IBPC Will Align Activities With Objectives Of Dubai Plan 2021
5/17/2018 - BPC President: IBPC Will Align Activities With Objectives Of Dubai Plan 2021 To Ensure That Its Members Are “Future- Ready”Dubai Chamber’s new representative office in Mumbai expected to play key role...
Dubai, UAE: Dubai’s Trade Sector Is Forecast To Record Robust Demand In 2018,
5/17/2018 - Dubai, UAE: Dubai’s trade sector is forecast to record robust demand in 2018, supported by key factors such as price competition, accessibility and global demand, a new survey from the Dubai Chamber o...
UAE imposes economic sanctions on senior leadership of Hizballah’s Shura Council
5/17/2018 - As part of the ongoing collaboration between member nations of the Terrorist Financing and Targeting Center (TFTC) in Riyadh, the UAE has imposed economic sanctions against the senior leadership of th...
Dubai Ministry of Economy Discusses Cooperation in Advanced Automotive Technology with South Korea
5/20/2018 - Abdullah Sultan Al Shamsi, Under-Secretary at the Ministry of Economy and Chairman of the Executive Global Innovation Team, and Kim Yungray, Director-General of Commercial Policies at the Ministry of ...
Abu Dhabi Chamber to Host IFE 2018 in October
5/20/2018 - Abu Dhabi Chamber has announced that the sixth International Franchise Exhibition, IFE, will be held at the Abu Dhabi National Exhibition Centre on 16th – 17th October 2018, with major international b...
Dubai: H.E. Buamim: Strong Response To The Awards Is A Testament To Growing Awareness Of Business
5/21/2018 - H.E. Buamim: Strong response to the awards is a testament to growing awareness of business excellence and keenness among GCC companies to adopt global best practices

Assessment phase for the ...
Dubai Chamber Explores Potential of IT Markets in Russia, Belarus
5/22/2018 - The Dubai Chamber of Commerce and Industry recently led a study mission to Russia and Belarus which explored business potential within the countries’ IT markets, as well as prospects for new partnersh...
Our strategic partnership isupport the objectives of the Dubai Plan 2021
5/23/2018 - H.E. Al Ghurair: Our strategic partnership with the Dubai Executive Council has enhanced our efforts to support the objectives of the Dubai Plan 2021

New initiatives to attract foreign invest...
UAE Participates in Astana Economic Forum 2018.
5/23/2018 - Najlaa Al Kaabi, Advisor to the Minister of State for International Cooperation, attended the Astana Economic Forum 2018, which was held on 17th and 18th May in Kazakhstan.

The Forum also saw...
Ministry of Economy Participates in "International and Technological Inventions Fair" in Serbia.
5/24/2018 - Najlaa Al Kaabi, Advisor to the Minister of State for International Cooperation, attended the Astana Economic Forum 2018, which was held on 17th and 18th May in Kazakhstan.

The Forum also saw...
Dubai Chamber Board Discusses New Efforts to Boost Competitiveness of Dubai’s Private Sector
5/24/2018 - The Dubai Chamber of Commerce and Industry’s Board of Directors held a meeting today at its headquarters where board members discussed strategic decisions, initiatives and efforts aimed at attracting ...
UAE's GDP Forecast To Rise 4.9% In 2018
5/27/2018 - The total contribution of travel and tourism to the UAE's Gross Domestic Product (GDP) was AED 154.1 bn, 11.3 per cent of UAE's GDP in 2017 and is forecast to rise by 4.9 per cent in 2018, Mohammed Kh...
INDEX Holding Opens New Branch in Singapore
5/27/2018 - INDEX Holding has announced the opening of its new branch in Singapore, due to the Asian city’s strategic location in the Asia-Pacific region and its strong economic and commercial ties with the Unite...
Fujairah Foreign Trade Rises By 5.9 Percent in 2017
5/27/2018 -  The total foreign trade of Fujairah during 2017 was valued at AED14.377 billion, 5.9 percent higher than the 2016 figure of AED13.577 billion, according to the 2017 Yearbook issued by the Fujairah St...
Abu Dhabi’s DED Registers 2935 New Licenses in Q1 2018
5/27/2018 - The Abu Dhabi Business Centre of the Department of Economic Development, DED, has registered 2,935 licences during the first quarter of 2018, an increase of 26 percent compared to the same quarter las...

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