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Financials and Investment News in United Arab Emirates

Transformational Industries Contribute 11.8 Percent To Non-Oil GDP
9/2/2018 - Transformational industries' contribution to non-oil GDP increased to 11.8 percent by fixed prices until the end of 2017 from 11.7 percent in 2016 and 11.5 percent in 2015, according to the UAE Minist...
Empower Completes AED60 Million Expansion Of DIFC Cooling Plant
9/2/2018 -  Emirates Central Cooling Systems Corporation (Empower), has announced the completion of the expansion at its district cooling plant in Dubai International Financial Centre (DIFC), according to the ap...
ADX Listed Companies' Market Cap Hits AED526 Billion By End Of August
9/2/2018 -  Abu Dhabi Securities Exchange's listed companies market cap reached AED526 billion, by the end of August; with a remarkable increase in ADX general index by 13.4% from the start of 2018.

By ...
Economy Ministry Organises Visit To Ghana To Boost Economic And Trade Relations
9/2/2018 -  An economic delegation from the UAE is visiting the Republic of Ghana with the aim of enhancing investment and trade cooperation between the two countries and to open up new markets for UAE exports a...
Property Boosts Dubai, Financials Hurt Abu Dhabi
9/2/2018 - Some of the Gulf’s large markets opened lower due to concerns about the global economic impact of trade disputes involving the United States, but selective buying in property stocks boosted Dubai.
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UAE A Partner Country of 15th ‘China International SME Fair’
9/3/2018 - The UAE will participate in the 15th "China International Small and Medium-Sized Enterprise, SME, Fair," which will be held in Guangzhou, the capital of Guangdong Province, China, from 10th to 13th Oc...
UAE Central Banks Reviews Q2 Report
9/3/2018 - The Board of Directors of the UAE Central Bank held its seventh meeting for , under the chairmanship of Khalifa Al Kindi, Chairman of the Board.

During the meeting, which was held at the Cent...
Over Half A Million Business Licenses Issued By End Of August
9/5/2018 - The number of business licenses issued in the UAE by the end of August, increased to 532,000, a growth of 9 percent over the end of 2017, in yet a fresh sign that the business is moving and gaining sp...
UAE, India Economic Cooperation Discussed.
9/6/2018 - Dr. Ahmed Abdul Rahman Al Banna, UAE Ambassador to India, met with Chandrajit Banerjee, Director-General of the Confederation of Indian Industry, CII, here on Wednesday and discussed means of strength...
Abu Dhabi Investment Office Accelerating Cooperation with China Chamber of Commerce
9/8/2018 - In a bid to encourage Chinese drug manufacturers and exporters to explore investment opportunities within the burgeoning pharmaceutical sector in the UAE, Abu Dhabi Investment Office (ADIO) organised ...
CEO Of DEWA Discusses Enhancing Cooperation with Korean Companies
9/8/2018 - Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), discussed enhancing cooperation with Korean companies with Chun Young Wook, Consul General of Korea to Dubai, and You...
Ajman Ruler Receives Delegation Of Saudi Businessmen, Investors
9/9/2018 -  H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, received, in his office at the Ruler’s Court, a Saudi delegation of businessmen and investors led by Dr. Abdulrahma...
SCA Approves Regulatory Control Of Fintech
9/9/2018 -  Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the Securities and Commodities Authority (SCA), has issued a resolution approving the regulatory control of Fintech.

Part of...
Net Income Of Abu Dhabi Banks Amounts To AED16.6 Billion in H1 2018
9/9/2018 -  The net income of commercial and Islamic banks operating in the emirate of Abu Dhabi amounted to AED16.6 billion during H1 of 2018, a growth of 8.4 percent over the corresponding period last year.
Sharjah Chamber To Organise, Participate in Nine Trade Missions
9/9/2018 -  The Sharjah Chamber of Commerce and Industry, SCCI, will organise a number of trade missions to a number of Arab and foreign countries during the next three months, starting from mid-September until ...
Dubai Hosts Bangladesh Economic Forum
9/9/2018 -  Muhammad Imran, Bangladesh Ambassador to the UAE, said, "We have witnessed a growing interest among both Emirati businesses to invest in Bangladesh while a large number of Bangladeshi entrepreneurs a...
Dubai Economy Tracker Index Slightly Higher in August
9/9/2018 - Survey data signalled a similar growth rate across Dubai’s non-oil private sector in August compared with July. Both the travel and tourism and construction sectors saw softer growth in the latest sur...
An Initiative Of Dubai Chamber Of Commerce And Industry in Cooperation With Area 207
9/9/2018 -  Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, in cooperation with Area 2071, is set to launch a 10-week networking series on September 12th 2018 which will bring togethe...
ADCB Set To Work With Fintech Abu Dhabi Innovation Challenge As ‘Corporate Champion’
9/11/2018 -  Abu Dhabi Commercial Bank, ADCB, has been announced as a ‘Corporate Champion’ for the second edition of the game-changing Innovation Challenge 2018 by Abu Dhabi Global Market, ADGM, and KPMG Lower Gu...
Economic Development Department Issues 1,221 New Licenses in August
9/11/2018 - The Business Registration and Licensing, BRL, sector in Dubai's Department of Economic Development, DED, completed 17,710 transactions including 1,221 new trade licenses during the past month accordin...

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