October 8 The Thai Siam International Cement Group intends to establish a major regional center for supply and transportation chains in Dubai, as part of its plans to expand in the UAE. Siam is cooperating with the Government of Thailand to host a conference that brings together more …
Read More »$3.9 billion in logistics revenues for DB World in the first half
October 8 DP World – DP World enhanced the performance of the logistics and services sector in the first half of the current year 2023, with the group achieving half-term revenues from logistics services of about $3.91 billion, representing 42.2% of its total half-term revenues, which amounted to $9,037. …
Read More »Bank stocks hold steady against market indices in a volatile week
UAE stock indices held steady in a week that witnessed selective purchases of shares in the financial, real estate and industrial sectors, interspersed with profit-taking operations, with the Dubai market index maintaining the level of 4164.61 points with a slight increase in five sessions by 0.02%, while the Abu Dhabi …
Read More »The Department of Finance and Ajman Bank support sustainable economic development in the emirate
عجمان في 5 بحثت دائرة المالية في عجمان مع مصرف عجمان سُبُل توظيف الشراكة الاستراتيجية بين الجانبين لتعزيز كفاءة العمل المالي والارتقاء بجودة الخدمات المقدَّمة للمتعاملين بما يسهم في رفع مستوى رضاهم. جاء ذلك خلال اجتماع تنسيقي عقده الطرفان في مقر الدائرة بحضور سعادة مروان آل علي، مدير …
Read More »The Ministry of Finance reviews areas of cooperation with America
October 4 Mohammed Hadi Al-Husseini, Minister of State for Financial Affairs, met at the Ministry of Finance headquarters in Dubai, with Martina Strong, the United States Ambassador to the UAE, in the presence of a number of ministry officials and embassy members. During the meeting, …
Read More »Dubai on October 3 His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, may God protect him, in his capacity as Ruler of the Emirate of Dubai, issued Decree No. (40) of 2023 forming the Board of Directors of the Investment Corporation of Dubai, headed by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince. The era of Dubai, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, as Vice-Chairman, and the membership of His Highness Sheikh Ahmed bin Saeed Al Maktoum, His Excellency Mohammed Hadi Al Husseini, His Excellency Reem bint Ibrahim Al Hashemi, and His Excellency Sultan bin Saeed. Dr. Al-Mansouri, His Excellency Mohammed Ibrahim Al-Shaibani, His Excellency Abdul Rahman Saleh Al Saleh, and His Excellency Hilal Saeed Al-Marri, with His Excellency Mohammed Ibrahim Al-Shaibani being the managing director of the institution’s business. The decree shall be effective from the date of its issuance and shall be published in the Official Gazette.
Dubai on October 3 His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, may God protect him, in his capacity as Ruler of the Emirate of Dubai, issued Decree No. (40) of 2023 forming the Board of Directors of the Investment Corporation of Dubai, headed …
Read More »In the presence of Mohammed bin Zayed.. the UAE inaugurates its pavilion at “Expo Doha 2023”
October 3 In the presence of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, may God protect him, the UAE launched its pavilion at Expo Doha 2023 under the slogan “Legacy and Impact” under the supervision of the Ministry of Foreign Affairs, and in cooperation …
Read More »The Central Bank maintains its forecast for economic growth at 4.3% during 2024
3 أكتوبر أبقي مصرف الإمارات المركزي على توقعاته لنمو الاقتصاد الوطني بنسبة 4.3% في العام القادم 2024، بدعم النمو المتوقع للقطاع النفطي وغير النفطي. وقال المصرف المركزي، في تقرير المراجعة الربعية للربع الثاني من العام الجاري، إن اقتصاد دولة الإمارات من المتوقع أن يحقق نمواً على أساس سنوي بنسبة 3.3% …
Read More »Dubai is ranked 6th globally in the 2024 World Cities Index
October 3 Dubai maintained its leadership in the Middle East and North Africa region, while occupying sixth place globally, in the latest report of the “Best Cities in the World” index, which is issued annually by the Canadian company “Resonance Consultancy” for studies and research related to cities and …
Read More »3.5% growth in Abu Dhabi’s economy in the second quarter… 12.3% for the non-oil sector
October 2 The Statistics Center – Abu Dhabi announced that the non-oil economy of the Emirate of Abu Dhabi increased by a significant rate of 12.3% in the second quarter of 2023, compared to the second quarter of 2022, with the emirate’s gross domestic product recording a growth of …
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