News

ABU DHABI, 18th September, 2019 (WAM) The Central Bank of the UAE (CBUAE) announced that effective Thursday 19 September 2019, it will lower interest rates applied to the issuance of its Certificates of Deposits in line with the decrease in interest rates on US Dollar, following the Federal Reserve Board’s …

Dubai 17-09-2019 Dubai South will participate in the e-commerce Expo, which will be held at the Olympia Exhibition Center in London on September 25-26 to highlight the latest developments within the rapidly growing e-commerce sector in the Middle East. This comes within the framework of its full commitment to support …

Dubai 17-09-2019 The DIFC, home to the region’s largest and most advanced financial technology system, has demonstrated the benefits, investment incentives and integrated services it offers to European companies. This came during the visit of the Center’s delegation headed by HE Issa Kazim, Governor of DIFC to a number of …

BRUSSELS 17-09-2019 / WAM Christine Lagarde, the ECB’s presidential candidate in Frankfurt, received the support of the European Parliament in a public vote today. Before the vote, Lagarde sent written answers to members of the European Parliament and presented her thoughts personally at a public hearing organized by the Committee …

Dubai 17-09-2019 Ahmed Mahboob Musabeh, Director General of Dubai Customs and Rawan Zomabek, Consul General of the Republic of Kazakhstan in Dubai and the Northern Areas, discussed ways of enhancing cooperation and trade exchange between the two sides. The Director General of Dubai Customs praised the efforts of the diplomatic …

Sharjah 17-09-2019 The Sharjah Chamber of Commerce and Industry stressed the importance of the GCC Human Resources and Labor Market Conference, which is being organized in its sixth edition under the slogan “The Gulf Labor Market in the Light of the Growth of the Digital Economy” in cooperation with the …

Abu Dhabi 17-09-2019 Abu Dhabi’s trade in pearls, precious stones and precious metals totaled AED 8.2 billion in the first half of 2019, a sign of continued activity in the UAE’s longest-running trade. The pearl, precious stones and precious metals trade accounted for 7.8% of Abu Dhabi’s total non-oil commodity …

Abu Dhabi 15-09-2019 / WAM The process of banning the circulation of insiders in public shareholding companies listed in the financial markets will begin tomorrow until the disclosure of the financial statements for the third quarter of 2019. The markets in Abu Dhabi and Dubai issued circulars requesting listed shareholding …

Sharjah 15-09-2019 Sharjah Chamber of Commerce and Industry (SCCI) discussed with a delegation from the Republic of Tajikistan the prospects of joint cooperation and increasing trade exchange and opportunities for economic partnerships with the business communities in Sharjah and Tajikistan in a number of important sectors on both sides. This …

Dubai 15-09-2019 Dubai Investment Development Corporation (DED), one of Dubai’s economic institutions, held a strategic seminar to familiarize US investors with the opportunities, facilities and advantages in the Emirate of Dubai, as well as several meetings with prominent companies in Denver, Colorado, as part of the second leg of its …