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AED 5 billion in 2020 contracts with SMEs

Media In / Abu Dhabi / WAM June 17, 2019 Specialized studies show that Expo 2020 Dubai will contribute to enhancing economic opportunities in the UAE by providing new business opportunities, increasing GDP and creating jobs across the region. The exhibition will also play an important role in achieving many …

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China and Hong Kong explores opportunities in UAE

Media IN DUBAI, 17th June, 2019 (WAM) A high-level joint business and professional mission from China and Hong Kong have congregated in Dubai for a two-day business programme that focused on cooperation and investment opportunities in the UAE. The mission, co-organised by the Commerce and Economic Development Bureau of the …

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Adnoc, OCI in Talks to Combine Middle East Fertilizer Assets

Media IN ABU DHABI, 17th June, 2019 (WAM) Abu Dhabi National Oil Company is soon teaming up with Dutch chemical producer OCI to create a Middle East fertiliser powerhouse, the companies announced on Monday. The state-owned energy giant will combine its fertiliser business with OCI’s Middle East and North African …

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RAK Cement appoints Al Ramz Capital as liquidity provider

Media IN ABU DHABI, 17th June, 2019 (WAM) Al Ramz Capital, a subsidiary of Al-Ramz Corporation Investment and Development has been appointed as a Liquidity Provider for Ras Al Khaimah Cement Company (RAKCC) shares after obtaining the approval of Abu Dhabi Securities Exchange. It is worthy to note that this …

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Rio de Janeiro hands over WCC hosting duties to Dubai

Media IN DUBAI, 16th June, 2019 (WAM) Dubai was in the spotlight at the 11th World Chambers Congress (WCC) in Rio de Janeiro, the world’s largest gathering of chambers of commerce, as the Brazilian city officially handed over the baton to the emirate as the host city of the next …

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Roadshow’s Success Underlines Institutions’ Confidence of DFM

Media IN DUBAI, 16th June, 2019 (WAM) The roadshow was organised last week, in conjunction with the Global Emerging Markets Investor Forum, GEMS. Dubai Financial Market, DFM, International Investors Roadshow in New York 2019 has witnessed significant participation from international investment institutions. The roadshow enabled listed companies to hold 81 …

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Emirates Investment Authority bought 463.3 million shares in Du

Media IN DUBAI, 16th June, 2019 (WAM) The UAE’s sovereign wealth fund Emirates Investment Authority (EIA) has increased its stake in Dubai-based smaller telecom firm Emirates Integrated Telecommunications Company (du). The Fund acquired 463.263 million shares from Mamoura Diversified Global Holding PJSC (previously known as Mubadala Development Company) and General …

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