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Financials and Investment News in United Arab Emirates

Dubai Islamic Bank Outlines Plans to Acquire Noor Bank
6/10/2019 - Dubai Islamic Bank (DIB) is set to acquire Noor Bank, enhancing Dubai’s position as the capital of Islamic economy and creating the region’s most powerful Shari’a banking group.

The DIB's boa...
UAE Heads 21st Meeting of ‘Arab Trade Remedies Team’ in Cairo
6/11/2019 -  The UAE is heading the 21st meeting of the 'Arab Trade Remedies Team' that began on Wednesday at the Arab League headquarters in Cairo, with the participation of representatives of the Ministries of ...
Dubai Chamber to Host 5th Global Business Forum on Africa
6/11/2019 - Dubai Chamber of Commerce and Industry, Dubai Chamber, has announced its plans to host the fifth edition of the Global Business Forum, GBF, on Africa on 18th - 19th November, 2019, in Dubai.

...
No VAT for International Companies Holding Shows at ADNEC
6/13/2019 - Abu Dhabi National Exhibitions Company, ADNEC, today announced that it has obtained the Federal Tax Authority, FTA, License for waiver from Value Added Tax, VAT, for all international companies and or...
His Highness Sheikh Mohamed Bin Zayed Meets German Minister Of Economy.
6/13/2019 - His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received at his residence in Berlin Wednesday Peter Altmaier, German Fe...
Dubai’s Economy Picks up Speed, Promises Stronger Q2-2019
6/15/2019 - Signalling growing investor confidence in Dubai, new business licenses issued in the emirate during the first four months of 2019 increased 35 percent compared to the same period of 2018, according to...
UAE Participates In International Economic Forum of Americas
6/15/2019 - The United Arab Emirates participated in the 25th edition of the International Economic Forum of the Americas, which convened in Montreal on June 10-13, and brought over 200 of the world’s leading pol...
UAE, Belgium Finance Ministers Explore Advancing Ties
6/15/2019 - In a bid to obtain the objective of UAE Vision 2021 to enhance global financial and economic cooperation, Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, has met with Alexander De ...
Emirates NBD Dubai Economy Tracker: Strong Increase in Business Activity in May
6/16/2019 - May survey data for Dubai’s private sector non-oil economy continued the recent twin themes of strengthening output growth and weak job creation. Total business activity increased at the strongest rat...
UAE, Uzbekistan Review Strengthening Economic Ties
6/16/2019 -  Abdullah Sultan Al Owais, Chairman of Sharjah Chamber of Commerce and Industry, has met with Alisher Selmov, Consul-General of Uzbekistan in Dubai, and explored ways of enhancing mutual cooperation f...
Central Bank Board Holds Fifth Meeting For 2019
6/17/2019 - The Board of Directors of the Central Bank of the UAE, CBUAE, held its fifth meeting for 2019 under the chairmanship of Hareb Masood Al Darmaki, the Chairman of the Board at bank's Head Office in Abu ...
UAE, Hong Kong Sign Agreement on Mutual Promotion and Protection of Investments
6/17/2019 - The Ministry of Finance, MoF, today signed an agreement to encourage and protect investments between the UAE and the Hong Kong Government, as part of the ministry's efforts to protect the nation’s inv...
UAE to Participate In Africa Trade Week in Johannesburg
6/19/2019 - A high-level trade and investment delegation organised by the Ministry of Economy under the chairmanship of Sultan bin Saeed Al Mansouri, Minister of Economy, will participate at the Africa Trade Week...
UAE, Costa Rica Fostering Economic and Investment Cooperation.
6/20/2019 - President Carlos Alvarado Quesada of the Republic of Costa Rica has received Ahmed Ali Al Sayegh, Minister of State, and his accompanying delegation during a visit to Costa Rica.

Minister Al ...
UAE, S. Korea Advancing Cooperation
6/23/2019 -  Mohammed Ahmed bin Abdulaziz Al Shehhi, Under-Secretary of the Ministry of Economy for Economic Affairs, met with a South Korean delegation to discuss economic, commercial and technical cooperation b...
UAE Economy Grows By 2.2 Pc in Q1-2019
6/23/2019 -  The non-oil sector grew 1.6 percent in Q1-2019 on year, with economic growth hitting an annual growth rate of 2.2 percent driven by a robust government and private sector performance, according to Ce...
Ministry of Economy Approves Uber's Acquisition of Careem
6/24/2019 -  Sultan bin Saeed Al Mansouri, Minister of Economy, has issued a ministerial decision approving the status of Economic Concentration in the UAE market for the upcoming acquisition of Careem - one of t...
Hamdan Bin Rashid Chairs Regular Meeting of ‘Financial and Economic Committee’
6/25/2019 -  The 39th meeting of the Financial and Economic Committee was held today at the Presidential Palace in Abu Dhabi, chaired by H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Ministe...
UAE to Participate in World Economic Forum in China
6/30/2019 - The UAE Government will take part in the World Economic Forum held in Dalian, China, between 1st-3rd July, in the presence of more than 1,900 government officials, entrepreneurs and researchers from m...
Emirati Delegation Takes Part in World Economic Forum in China
7/3/2019 - The UAE Government took part in 12 key sessions of the World Economic Forum held in Dalian, China, in the presence of more than 1,900 government officials, entrepreneurs and researchers from more than...

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