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Financials and Investment News in United Arab Emirates

Abu Dhabi Ports Reviews Trends Influencing Future of Global Shipping Trade
9/3/2019 - The emerging trends and topics influencing the future of global shipping trade, their impact on local and regional businesses, and the importance of innovation in shaping the trade and logistics secto...
ADGM launches Investor Forum at FinTech Abu Dhabi 2019
9/3/2019 - Abu Dhabi Global Market (ADGM) has announced the launch of the Investor Forum as part of the FinTech Abu Dhabi Festival 2019 (FinTech Abu Dhabi).

The Investor Forum, a new addition at this ye...
Materials Handling Middle East Show Opens in Dubai
9/3/2019 - The 2019 Materials Handling Middle East opened in Dubai to discover the latest tools and technologies in operations management and optimisation.

Opened by Mattar Al Tayer, Director General an...
UAE To Participate in Eastern Economic Forum in Russia
9/3/2019 -  Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, will participate in the fifth annual Eastern Economic Forum, EEF, that aims to support the economic development of Russia’s...
UAE Banks' Saving Accounts Hit AED165.8 Bn by July 2019
9/4/2019 - UAE banks' saving account balances hit a record of circa AED165.8 bn during the first seven months of the year, a 9 pc growth of AED13.8 bn against AED152 bn by the end of 2018, according to statistic...
UAE Participates in Eastern Economic Forum in Russia
9/7/2019 -  Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, , concluded the participation of the official UAE delegation in the fifth Eastern Economic Forum,EEF, which was held from S...
SEWA, Finland Discuss Cooperation in Sustainability and Training
9/7/2019 - Rashid Al Leem, Chairman of Sharjah Electricity and Water Authority, SEWA, has received Marianne Nissila, Ambassador of Finland to the UAE, and a number of officials to brief them on SEWA’s innovative...
4% Growth in Licences for H 1-2019 in Sharjah
9/7/2019 - The Sharjah Economic Development Department, SEDD, announced that the emirate's economic development indicators have achieved remarkable growth in the first half of 2019, with 31,190 licences issued o...
UAE, Netherlands Discuss Enhancing Economic Cooperation
9/9/2019 - Sultan bin Saeed Al Mansouri, Minister of Economy, and Ahmed About aleb, Mayor of Rotterdam, have discussed ways of strengthening the economic, trade and investment relations between the UAE and the N...
Future Manufacturing Summit Highlights Region's Industrialisation Potential
9/10/2019 -  The 4th Future Manufacturing & Trade Summit organised by Dubai Exports - the export promotion agency of Dubai Economy - in collaboration with Expo Trade Middle East, began at the Intercontinental Fes...
Mohammed Bin Rashid Meets Founder of Company Sold for AED3.3 Bn
9/10/2019 - His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, met Founder and CEO Divyank Turakhia whose ad-tech company, a Media.net based in Dubai ...
UAE to Participate In 4th Summit of Belt and Road Initiative in Hong Kong
9/10/2019 - An economic and trade delegation from the UAE will participate in the 4th Summit of the Belt and Road Initiative, which will be held in Hong Kong on 11th and 12th September, in the presence of governm...
ADCB Group Agrees to Sell Majority of Its India Banking Portfolio to DCB Bank
9/10/2019 - Abu Dhabi Commercial Bank, ADCB, has agreed to sell the majority of its India banking portfolio to DCB Bank and will exit its operations in India subsequent to the transaction, subject to regulatory a...
Ministry of Economy, China Discuss Cooperation in Trade Remedies, Anti-Dumping
9/11/2019 -  Abdullah Sultan Al Shamsi, Under-Secretary of the Trade Remedies Division at the Ministry of Economy, discussed ways of reinforcing the cooperation between the UAE and China in the area of trade reme...
UAE Banks' Three-Month Deposits Up to AED532 Bn in July
9/11/2019 - The total value of three-month deposits in UAE banks amounted to AED532 bn in July, 2019, a 6.2 percent growth of AED31.22 bn as compared to the preceding month.

According to the CBUAE's fi...
Mof Discusses Application of VAT on Government Entities in Umm Al Qaiwain
9/17/2019 - As part of its efforts to bolster cooperation with local and federal authorities, and in line with its endeavor to ensure the optimal implementation of the tax system at a national level, a delegation...
Abu Dhabi's Trade in Pearls, Precious Stones, Metals Totalled AED8.2 Billion in 6 Months
9/17/2019 - Abu Dhabi's trade in pearls, precious stones and metals totalled AED8.2 billion in the first half of 2019, highlighting the ongoing robust activity in this trade sector, which is the oldest in the UAE...
CBUAE's Foreign Currency Assets Up to AED372.8 Bn in Eight Months
9/18/2019 - The total foreign currency assets held by the Central Bank of the UAE increased to circa AED372.8 bn during the first eight months of the year, a monthly growth of 1 percent, as current account balanc...
Public-Private Partnerships to See Multi-Billion Dirham Projects in Few Years: Dof
9/18/2019 - Developing and maintaining a sustainable, reliable and high-quality infrastructure is the key to the success of any city, according to Abdulrahman Saleh Al Saleh, Director-General of Dubai's Departmen...
Dubai Investment Week to Boost Investor Confidence: Hamdan Bin Mohammed
9/21/2019 - H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, emphasised that Foreign Direct Investment flows into Dubai in 2019 continued to gr...

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