DUBAI, 25th November, 2019 (WAM) The Department of Economic Development, DED, in Dubai issued 4,763 new licenses for various professional, commercial, industrial and tourism activities in October 2019. This comes in line with the continuing investor confidence in Dubai and new opportunities arising across diverse economic sectors. According to the …
Read More »First Saudi-UAE Banks Conference discusses challenges, opportunities across banking sector
RIYADH, 25th November, 2019 (WAM) The first joint conference between bank officials in Saudi Arabia and the United Arab Emirates, UAE, convened in Riyadh on Sunday to deliberate key challenges and opportunities in areas of direct impact on the two countries’ banking sectors. The conference opened in the presence of …
Read More »“Economy” discusses with national businessmen the establishment of “Initiative Investors Association”
Abu Dhabi, November 25, 2019 (WAM) The Ministry of Economy and a number of young entrepreneurs discussed the initiative of establishing the UAE Entrepreneur Investors Association to invest in startups in all sectors, especially in the field of innovation and technology. This came during a meeting held by the Ministry …
Read More »Emirates Steel exhibits a wide range of products at the Big 5 exhibition in Dubai
Abu Dhabi 24 November 2019 Emirates Steel, the largest integrated steel manufacturer in the United Arab Emirates, affiliated to General Holding Company (Industries), has announced its participation in the Big 5 exhibition to be held from November 25 to 28 at the Dubai World Trade Center. The exhibition, featuring local …
Read More »Abu Dhabi Department of Economic Development props investment in the emirate
Abu Dhabi 24 November 2019 Abu Dhabi Department of Economic Development (DED) officials inaugurated a new branch of Jumbo Electronics Group for technology retail sales at the Galleria Center on Al Maryah Island in Abu Dhabi, with an investment value of over AED 10 million. HE Ghanim Mohammed Al Fandi …
Read More »Flydubai completes $ 500 million co-financing facility
Dubai 24 November 2019 Dubai Aviation Corporation (flydubai) completed a US $ 500 million 5-year co-financing on November 14, 2019. Emirates NBD Capital Limited and Noor Bank acted as the global coordinator for these facilities, while Emirates NBD and Noor Bank acted as the Underwriter. The facilities were launched for …
Read More »UAE, Sweden sign MoU on innovation for SMEs, startups
STOCKHOLM, 23rd November, 2019 (WAM) An agreement signed by the UAE and Sweden for startups, innovation and entrepreneurship cooperation will take the two countries’ partnerships to a higher level, Sultan bin Saeed Al Mansouri, Minister of Economy. The MoU was signed by the Ministry of Economy and Swedish Ministry of …
Read More »Saudi-Emirati Youth Council announces opening of membership registration
DUBAI, 19th November, 2019 (WAM) The Saudi-Emirati Youth Council announced the opening of the registration process for those wishing to apply for membership through its website. The council conveys youth ideas to decision-makers in the UAE and Saudi Arabia, with the close cooperation between the two countries and as part …
Read More »Rashid bin Saud Al Mualla inaugurates ‘Made in Umm Al Quwain’ exhibition and forum
His Highness Sheikh Rashid bin Saud bin Rashid Al Mualla, Crown Prince of Umm Al Quwain, said that the industrial sector is one of the main engines in supporting economic development in the UAE and has a pivotal role in boosting the country’s GDP, especially in light of Diversity of …
Read More »Zimbabwe is open for business, says President Mnangagwa
DUBAI, 19th November, 2019 (WAM) Zimbabwe is open for business and committed to creating conducive conditions and incentives for investors, Zimbabwean President Emmerson Mnangagwa said on Monday at the Global Business Forum Africa 2019 in Dubai. During an interactive session on the first day of the forum, Mnangagwa explained that …
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