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Financials and Investment News in United Arab Emirates

UAE, US Discuss Boosting Banking Cooperation
3/4/2019 - AbdulAziz Al-Ghurair, Chairman of UAE Banks Federation, together with CEOs of leading UAE banks, received Sigal Mandelker, the US Under Secretary of the Treasury, and Paul Khuri, the recently-appointe...
Ministry Of Economy to Visit Uzbekistan, Kyrgyzstan
3/9/2019 - The Ministry of Economy will visit Uzbekistan and Kyrgyzstan to hold joint economic committees with both countries.

The delegation, headed by Sultan bin Saeed Al Mansouri, Minister of Economy...
UAE-India Bilateral Trade Set To Enjoy Exponential Growth:
3/9/2019 - Trade relations between the UAE and India are undergoing a positive change from the impetus of high level exchanges between the two countries since 2015.

This is the conclusion of Dr. Kinnarr...
Dubai’s Non-Oil Foreign Trade Reaches AED1.3 Trillion In 2018
3/10/2019 - Dubai’s external non-oil trade in 2018 reached AED1.3 trillion despite challenges facing global trade growth resulting from trade tensions between major economic powers and a global growth slowdown th...
Financial and Economic Committee Discusses Draft Federal Budget
3/10/2019 - The Financial and Economic Committee discussed today components of the draft general budget of the federation for the fiscal year 2020 and looked into measures taken by the Ministry of Finance to upda...
UAE Financial Bodies Launch Passporting Facility, Enabling Country-Wide Investment Fund Promotion
3/11/2019 - The UAE financial regulators have announced the launch of a new fund passporting facility to help promote investment fund in the country.

In a statement, the Emirates Securities and Commoditi...
Business Conditions in Dubai’s Non-Oil Private Sector Economy Strengthen In February
3/11/2019 - Emirates NBD Dubai Economy Tracker has said that business conditions in Dubai’s non-oil private sector economy continued to strengthen in February, at a similar rate to January. Total business activit...
EU Adds 10 Countries, Including UAE, To Tax Blacklist
3/13/2019 -  European Union governments adopted a broadened blacklist of tax havens on Tuesday, the EU commission said in a statement. Ten jurisdictions were added to the list. It had previously included five...
UAE, Uzbekistan Explore Trade Partnership Prospects
3/13/2019 - The third session of the Joint Economic Committee between the UAE and Uzbekistan was held recently in Tashkent, the Uzbek capital.

The Committee was chaired by Sultan bin Saeed Al Mansouri, M...
Abu Dhabi Snaps Losing Streak, Disb Hits Dubai
3/14/2019 - The Abu Dhabi stock market rose , recovering some losses it suffered over 10 straight sessions, while Dubai was pulled down by Dubai Islamic Bank’s going ex-dividend.

The Abu Dhabi index rose...
UAE-Kyrgyzstan hold first Joint Economic Committee meeting
3/16/2019 - The UAE-Kyrgyzstan Joint Economic Committee’s first meeting was held in Bishkek today and co-chaired by Sultan bin Saeed Al Mansouri, Minister of Economy, and Zhenish Razakov, Deputy Prime Minister of...
Central Bank Announces 'National Loan Scheme' to Ease Settlements for UAE Nationals
3/16/2019 - The Central Bank of the UAE, in cooperation with the UAE Banks Federation and national banks, has recently launched a national initiative under the name "National Loans Scheme". This initiative aimed ...
UAE, India Working To Make Air Travel to the UAE Cheaper For Tourists and Visitors
3/18/2019 - The UAE Ambassador to India, Dr Ahmed Al Banna, told an erudite audience at the prestigious Indian Institute of Technology (IIT) that the UAE government was working with its Indian counterparts to mak...
Top UAE Bankers Affirm Continued Support for Debt Settlement Bank Initiative
3/18/2019 - Top UAE bankers have affirmed their continued cooperation with the Debt Settlement Fund Initiative, aimed at easing debt burden for UAE nationals and ensuring decent life and familial stability in the...
Ministry of Economy Organises Delegation Visit to Ethiopia
3/19/2019 - The Ministry of Economy is organising the visit of an official commercial delegation to Ethiopia, led by Abdullah bin Ahmed Al Saleh, Under-Secretary of the Ministry of Economy for Foreign Trade Affai...
UAE, Hungary Strengthening Economic Cooperation
3/24/2019 -  The UAE and Hungary agreed to strengthen their cooperation in the fields of science, technology and innovation.

This came as senior representatives of both countries discussed creating new p...
UAE, Uzbekistan Boosting Power Generation, Renewables, Oil and Gas Ties
3/26/2019 -  Mubadala Investment Company, Abu Dhabi’s strategic investment and development fund, has exchanged a set of strategic agreements with the Republic of Uzbekistan, in which future partnerships can be ex...
Ministry of Economy, WIPO Hold Joint Workshop on Intellectual Property
3/26/2019 -  The Ministry of Economy, represented by the Intellectual Property and Entrepreneurship Division, organised a workshop, titled, "Small and Medium-Sized Enterprises, SME: Effective Intellectual Propert...
Invest Bank to Consider Entry of Strategic Investor on April 10
3/26/2019 - The Board of Directors of Invest Bank said it will consider the entry of the Government of Sharjah or any of its subsidiaries as a strategic investor after getting the approval of the Central Bank and...
Abu Dhabi's Exports Up 36.6 Percent to AED17.2 Bn in Q4
3/27/2019 - The value of exports through Abu Dhabi ports increased by 36.6% from AED 12.6 billion in Q4 2017 to AED17.2 billion in the same period of 2018, according to the figures released by Statistics Centre -...

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