Abu Dhabi, March 6 / The local stock markets consolidated their gains at the end of the session at the beginning of the week, and their market capitalization gained nearly 22 billion dirhams, with the Abu Dhabi market achieving the largest daily gains in 3 months, while the Dubai Financial …
Read More »A collaboration between Abu Dhabi Ports and SEG Enera to establish a joint venture in Uzbekistan
Abu Dhabi, March 6, 2018. Abu Dhabi Ports Group and SEG Enera Group, one of the largest multi-sector holding companies in Uzbekistan, today announced the formation of a new joint venture, ADL-Ulanish, to provide integrated global logistics services. in Uzbekistan. Through the new joint venture, the Abu Dhabi Ports Group …
Read More »1.15 million visitors to Dubai exhibitions in 2022, a growth of 66% 36,500 exhibiting companies, a growth of 53%
During the past year, Dubai witnessed a strong economic and commercial movement, driven by the momentum of the events and exhibitions that were held on the emirate’s land, which coincided with the organization of the largest event in the region, “Expo 2020 Dubai”. The number of visitors to Dubai World …
Read More »Abu Dhabi Commercial Bank leads the financial and banking services sector in the UAE
Abu Dhabi Commercial Bank topped the list of financial and banking brands in the Customer Experience Excellence Report from “KPMG”, as the bank ranked among the first five brands in the United Arab Emirates, in appreciation of the bank’s efforts in the digital transformation process and providing innovative banking services …
Read More »UAE stocks.. The portfolios pump 711.6 million and foreigners 498 million in a week, new purchasing centers for investment funds
Strong foreign and institutional purchases poured into the UAE stock markets within a week, within the framework of building new financial centers initiated by foreign investment portfolios and funds, in conjunction with measured rises witnessed by some companies’ shares, to keep the opportunity favorable for a coming wave of rise, …
Read More »Sunreef chooses the UAE as a headquarters to launch its expansion plans into global markets
Through a cooperation agreement with the “Ras Al Khaimah Maritime City” to develop a yacht manufacturing facility in Ras Al Khaimah. – Sheikh Saqr bin Saud: We are keen to enhance the potential and capabilities of Ras Al Khaimah to continue its sustainable economic progress and renaissance. – Strategic partnerships …
Read More »Japan records its lowest unemployment rate in 3 years
Tokyo, March 4: The unemployment rate in Japan recorded its lowest level in nearly 3 years last January, with the economy recovering from the repercussions of the “Corona” virus pandemic, as its rate decreased seasonally to reach 2.4%. And the Japanese Ministry of Internal Affairs stated – in a statement …
Read More »During a summit via video conference.. The President of the State and President Erdogan witness the signing ceremony of a comprehensive economic partnership agreement between the UAE and Turkey
The agreement aims to enhance strategic cooperation and joint growth for the benefit and prosperity of the two friendly peoples and the entire region. It aims to abolish or reduce customs duties on 82% of goods and products, i.e. more than 93% of the non-oil intra-trade components. It effectively contributes …
Read More »Intensopia 2023 discusses “growth opportunities in today’s economy”
Abu Dhabi, March 3 / The annual Intensopia Conference 2023 hosted a working session entitled “Opportunities for Growth in today’s economy”, in which a group of experts and thought leaders from various sectors spoke about the latest trends and opportunities in the new economy that is witnessing rapid developments in …
Read More »6.1 billion dirhams of financing approvals from the Emirates Development Bank in 2022
The bank raises its contribution to the country’s GDP to 3.5 billion dirhams. – 673% growth in financing compared to 2021. Approval of financing worth 1.8 billion dirhams to support microenterprises and small and medium-sized companies, and at a value of 4.3 billion dirhams for large companies in the country. …
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