DUBAI, 17th June, 2019 (WAM) The Ministry of Finance (MoF), today, signed an agreement to encourage and protect investments between the UAE and the Government of Hong Kong Special Administrative Region, as part of the ministry’s efforts to protect the nation’s investments abroad and attract foreign investments. The agreement was …
Read More »Stellar growth in number of Romanian visitors to Dubai portrays the city’s diverse market outreach strategy
Media IN DUBAI, 17th June, 2019 WAM Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has reported a steady incline in tourism volumes from Romania, welcoming 29,670 overnight visitors in the first three months of 2019. Underscoring a 24 percent year-on-year increase when compared to the same period in …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Capital of listed public joint stock companies grew by 1 percent in 2018
Media IN ABU DHABI, 17th June, 2019 (WAM) The capital of public joint stock companies listed by the Securities and Commodities Authority amounted to approximately AED412 billion in 2018, a growth of 1 percent on year, according to statistics obtained from official sources. The capital of Abu Dhabi Securities Exchange-listed …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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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