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Financials and Investment News in United Arab Emirates

UAE, China Central Banks Meet to Enhance Renminbi Clearing
12/12/2018 - The Central Bank of the UAE, CBUAE, today hosted a workshop with the Central Bank of China and the Agricultural Bank of China on 'Improving the Renminbi Clearing in the UAE'.

The aim of the w...
UAE Participates in Preparatory Forum For ‘Arab Economic and Social Development Summit’.
12/13/2018 - The UAE participated in the opening session of the "Arab Civil Society and Youth Forum," which began in Cairo today.

The forum is part of the preparations for the "4th Arab Economic and Socia...
Dubai FDI Showcases Emirate’s Investment Advantages in Spain
12/16/2018 - The Dubai Investment Development Agency (Dubai FDI), the investment development agency of Dubai Economy (DED), recently held a meeting with major industries and key investors at the Circulo Ecuestre i...
Emirates NBD Introduces 'Traveller HD' Service For Visually Impaired
12/16/2018 - Emirates NBD today announced the introduction of 'Traveller HD', an assistive technology designed to improve the branch-experience for visually impaired customers.

Emirates NBD branches in Du...
UAE President Issues Federal Decree Restructuring UAE Central Bank
12/16/2018 - President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a Federal Decree restructuring the Board of Directors of the Central Bank of the UAE.

Pursuant to the Decree, the Board of...
Sharjah Chamber Organises UAE-Uganda Trade Forum in Kampala
12/16/2018 - The Sharjah Chamber of Commerce and Industry, SCCI, which was represented by the Sharjah Exports Development Centre has organised the UAE-Uganda Trade and Investment Forum in Kampala.

The fo...
UAE Gains Strides in Transition to Digital Economy
12/16/2018 - The UAE has accomplished significant achievements during its transition to a digital economy over the past five years.

These accomplishments have helped to reinforce the competitiveness of th...
UAE, China Sign 'Economic Development Work Plan'
12/17/2018 - The UAE and China signed an 'Economic Development Work Plan', with the aim of promoting commercial and customs cooperation. The work plan involves five stages of detailed procedures, which will see fu...
Dubai's Investment Corporation Achieves 10.0 Billion Net Profit in H1 2018
12/18/2018 - Investment Corporation of Dubai, ICD, has announced its consolidated financial results for the six month period ended 30th June, 2018, having achieved revenues of AED115.1 billion and net profit of AE...
UAE Investment Environment Promoted In Canada
12/21/2018 - Fahad Saeed Mohammed Al Raqbani, UAE Ambassador to Canada, underlined the advanced technological readiness boasted by the UAE and its ability to attract and host international companies from key secto...
UAE Recipient of 40 Percent of FDI Inflows to Arab, Western Asian Nations
12/22/2018 - The UAE maintained its lead in attracting the highest amount of Foreign Direct Investment (FDI) inflows to the Arab region in 2017, according to a top official at the Ministry of Economy.

"Th...
ADGM, Ministry of Economy to Foster Cooperation on Registration of Auditors
12/24/2018 - The Registration Authority of Abu Dhabi Global Market, ADGM, and the Ministry of Economy have agreed to foster cooperation and coordination with respect to the registration and supervision of auditors...
‘UAE-Kazakh Business Forum’ Holds Discussions on Trade, Investment Partnerships
12/25/2018 - Participants in the UAE-Kazakh Business Forum highlighted the importance of reinforcing trade and investment ties between the two countries.

The forum, held recently at the Dubai Chamber of ...
UAE, Armenia Trade Exchange Stood at AED920 Million in 2017
12/29/2018 - The total value of non-oil trade between the UAE and the Republic of Armenia reached AED920 million during 2017, compared to AED375 million in 2015, the Ministry of Economy has said.

In a rep...
Abu Dhabi Reinforces Its Position as Global Tourism Destination
12/30/2018 - The Abu Dhabi Department of Culture and Tourism has made many achievements, in light of the emergence of specialist tourism trends and its efforts to improve local tourism infrastructure and to inaugu...
UAE Banks' International Reserves Hit Record High of AED404.3 Bn
12/30/2018 - The net international reserves in the UAE banking sector hit an all-time high of AED404.3 billion by the end of November, up 23.1 percent of AED76 billion from AED328.3 billion during the same month l...
UAE Banks Invest AED87.2 Billion in Saudi Arabia, Egypt
12/31/2018 - The investment of UAE’s banks in Saudi Arabia and Egypt reached AED87.2 billion at the end of Q3 2018, representing 12.5 per cent of the total assets invested abroad, which amounted to about AED693 bi...
UAE Transfers AED1 Billion Customs Duties for GCC in 2018
1/2/2019 - The Federal Customs Authority has announced that the total value of customs duties transferred by the UAE to the GCC countries amounted to about AED1 billion in 2018, as well as transfers from the GCC...
Dubai Customs, Indian Companies Explore Ways to Promote Trade
1/7/2019 -  Dubai Customs' Director Ahmed Mahboob Musabih and Indian Consul-General in Dubai Vipul have explored ways of enhancing trade with India and tackling any challenges that may face the companies of both...
Sharjah Chamber Explores Strengthening Economic Relations with US
1/8/2019 - The Sharjah Chamber of Commerce and Industry (SCCI) held discussions with the commercial office of the Consulate General of the United States in Dubai on enhancing economic relations between the emira...

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