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 …
Read More »Tomorrow will start to ban insiders’ trading in financial markets until the third quarter 2019 data is released
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 …
Read More »Sharjah Chamber discusses economic partnership opportunities with Tajikistan
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 …
Read More »Dubai Investments promotes the emirate in America
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 …
Read More »Etihad Credit and Dubai Export Development Partnership to Promote Expansion Plans
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 …
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