Dubai 15-09-2019 Etihad Export Credit Company, the national subsidiary of the Federal Government, has signed a Memorandum of Understanding (MoU) with Dubai Export Development Corporation (DEDC), one of the Dubai Department of Economic Development (DED) institutions, to develop and strengthen trade links and investment opportunities by Dubai-based companies. The MoU …
Read More »Economy Discusses ways to expand UAE investments in Hong Kong and China
• Hong Kong 15-09-2019 / WAM The State Economic and Trade Delegation concluded its participation in the Fourth Summit of the Belt and Road Initiative recently held at the Hong Kong Convention Center with the participation of government delegations from 80 countries. HE Abdullah Al Saleh, Undersecretary of the Ministry …
Read More »Abu Dhabi Chamber will host the International Franchise Exhibition next October
Abu Dhabi 15-09-2019 Abu Dhabi Chamber of Commerce and Industry (ADCCI) will host the seventh edition of the International Franchise Exhibition on 22 and 23 October at the Abu Dhabi National Exhibition Center (ADNEC) in strategic partnership with the Emirates Franchise Development Association. Franchise International, one of the leading franchise …
Read More »AED 7.13 trillion worth of interbank transfers during 8 months
Abu Dhabi 15-09-2019 Transfers between banks operating in the UAE through the UAE Financial Remittance System (UATFTS) totaled AED 7.13 trillion in the first eight months of 2019, an increase of 8% compared to AED 6.61 trillion during the same period in 2018. The value of interbank transfers during the …
Read More »AED 805 billion worth of checks traded during 8 months
Abu Dhabi 15-09-2019 A total of 17 million checks were handled through the UAE check clearing system during the eight months of 2019 and amounted to approximately AED 805 billion, the UAE Central Bank announced today. According to statistics of the Central Bank, the number of checks cleared during the …
Read More »Pearl Initiative launches corporate governance platform
Sharjah 14-09-2019 The Pearl Initiative, a non-profit organization that promotes a culture of accountability and transparency among private sector organizations in the Gulf region, has launched the region’s first ‘Corporate Governance Fundamentals’ platform to provide corporate guidance for corporate governance and transparency, review plans and strategies, and develop Management systems …
Read More »Federation of Chambers: Abu Dhabi Exports reinforces the developmental role of the private sector in the economy
Abu Dhabi 14-09-2019 Humaid Mohammed bin Salem, Secretary General of the Federation of Chambers of the UAE, said that the recent launch of the Abu Dhabi Export Bureau of the Abu Dhabi Fund for Development is a positive step for the development of UAE exports and stimulating the private sector, …
Read More »Dubai hosts Bangladesh Economic Forum
Dubai 14-09-2019 Dubai will host the 2019 Bangladesh Economic Forum with the participation of more than 300 government officials, business leaders, investors and businessmen from the UAE and Bangladesh. The forum, which will see the launch of 20 investment projects worth $ 10 billion, aims to promote mutual trade and …
Read More »Sharjah Chamber discusses with 130 representatives of companies and factories the needs of economic sectors
Sharjah 14-09-2019 Sharjah Chamber of Commerce and Industry recently organized a meeting for 130 representatives of companies, factories and retailers of the economic establishments operating in the manufacturing sector in Sharjah with the aim of bringing together the views of the economic sectors and possible cooperation areas and identifying best …
Read More »Emirates Steel Participates in the First Saudi International Iron and Steel Conference
Abu Dhabi 14-09-2019 Emirates Steel has announced its participation in the first Saudi International Iron and Steel Conference as a Rhodium sponsor, which will be held in Riyadh from 16-18 September. The conference will bring together the leaders of the Middle East and North Africa (MENA) steel sector to discuss …
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