MEDIA IN \WAMNovember 18, 2018 The Board of Directors of the Union of UAE Banks praised the recent laws and regulations such as Netting, the Public Debt Law, the Anti-Money Laundering Law and the Central Bank Law, as well as the systems related to risk management, internal control and inactive …
Read More »7billion in non-oil trade between the UAE and Latin American and Caribbean countries in 2017
MEDIA IN WAM November 18, 2018 UAE Minister of Economy Sultan bin Saeed Al Mansouri held a wide-ranging meeting with the ambassadors of 10 countries of the Latin American and Caribbean Group (LAC), during which he discussed the areas of cooperation and means of developing them in a number of …
Read More »“Invest in Sharjah” concludes his participation in “Going Global” in London
Media IN / WAM November 17, 2018 The Sharjah Office of Foreign Direct Investment (“Invest in Sharjah”) concluded its participation in the “Going Global” exhibition in London, where 80 economic experts from 20 countries attended. Going Global is one of the most important European exhibitions that provides strategic partnerships with …
Read More »Japanese and US investments to develop natural gas markets in Asia
Media IN Agencies November 17, The Japanese and US governments have launched a cooperation program to develop LNG markets in Asia to boost demand in an area where demand for liquefied natural gas is expected to exceed supply by 2022 or 2023. Japan, the world’s largest liquefied natural gas importer, …
Read More »UAE Minister of Economy and Chairman of the Franco-UAE Parliamentary Friendship Group discuss economic cooperation
Media IN / WAM November 17, 2018 – UAE Minister of Economy Sultan bin Saeed Al Mansouri discussed with Amelia La Cervi, chairman of the Franco-UAE Parliamentary Friendship Group, aspects of cooperation between the two countries and joint efforts to develop them in various development sectors. During the meeting, the …
Read More »Negotiations in Brussels on the EU budget for next year
Media In Agencies November 16, Negotiators representing the European Council and the Federal Legislative Council will begin negotiations in Brussels today to develop a consensus between the two European institutions on the EU budget for next year. The budget covers the entire range of common European labor sectors, such as …
Read More »Dubai Electricity is looking to collaborate with US universities and research centers
Media IN\ WAM November 15, 2018 Saeed Mohammed Al Tayer, Managing Director, Dubai Electricity and Water Authority (DEWA), during his meeting with HE Philip Frin, US Consul General in Dubai, discussed cooperation with US universities and research centers for the latest developments and research in the fields of renewable energy, …
Read More »AED 3.2 billion in Dubai property transactions in a week
Media IN\WAM November 15, 2018 Dubai Land Department said it has achieved more than AED 3.2 billion in real estate transactions during the week, most notably mortgages worth two billion dirhams through 247 transactions. During the week, the department recorded 668 shares worth AED 1.2 billion, of which 109 million …
Read More »Department of Economic Development in Abu Dhabi: Local Content Program aims to develop the GDP of the Emirate
Media IN\ WAM November 15, 2018 Saif Mohammed Al Hajri, Head of the Department of Economic Development Abu Dhabi, said during the ADNOC Third Business Partners Forum that the local content program aims at developing the GDP of the Emirate of Abu Dhabi to ensure the utilization of local production …
Read More »Dubai Aerospace Enterprise (DAE) has signed a $ 720 million credit facility
MediaIN\ WAM November 15, 2018 Dubai Aerospace Enterprise (DAE) has signed a $ 720 million revolving credit facility with a consortium of nine international banks based in the United States, Europe and Asia with a five-year maturity. “The transaction will significantly enhance the company’s liquidity portfolio and enable it to …
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