Abu Dhabi Ports signs agreement with China’s CPIT

Abu Dhabi Ports signs agreement with China's CPIT

(Abu Dhabi) – Abu Dhabi Ports inked a new agreement with the China Council for the Promotion of International Trade to explore new commercial opportunities between Chinese companies interested in investing in Khalifa Industrial Zone Abu Dhabi (KIZAD) and Khalifa Port Free Trade Zone (KPFTZ), which is considered the largest free trade zone in the […]

UAE and Tunisia to boost bilateral economic ties

UAE and Tunisia to boost bilateral economic ties

(Abu Dhabi) – Sultan bin Saeed Al Mansouri, Minister of Economy, said that relationships between the UAE and Tunisia are growing considerably across areas of economic activities. The minister also stressed the important role played by the private sector in boosting trade and investment ties between the two countries. The non-oil trade between the UAE […]

Strategic partnership between Aldar and Emaar announced

Strategic partnership between Aldar and Emaar announced

(Dubai) – His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, attended the announcement of a joint venture between Aldar Properties and Emaar Properties to […]

UAE, Egypt accelerating trade ties

UAE, Egypt accelerating trade ties

(Cairo) – Egypt and the UAE have agreed on enhancing joint co-operation in all fields to boost bilateral investment, industrial and commercial ties. This came during the joint UAE-Egypt Economic Committee’s meetings, which were headed by Sultan bin Saeed Al Mansouri, Minister of Economy, and Egypt’s Trade Minister, Tarek Kabil. The two-day discussions are held […]

Emirates set to close US$600 million Sukuk

Emirates set to close US$600 million Sukuk

(Dubai) – Emirates has announced a successful execution of a US$600 million sukuk (Islamic finance issuance) which it said had received a good response from both local and international investors. The issuance of the Trust Certificates, in the principal amount of US$600 million will be repaid in an amortising format over 10 years with legal […]

UAE stocks post AED5.5 billion gains

UAE stocks post AED5.5 billion gains

(Abu Dhabi) – Companies trading on the UAE two main bourses gained AED5.5 billion in market cap at the end of Sunday session, driven by selective purchases that targeted blue chips on the real estate and banking sectors. Starting the week in the green, the General Index of the Dubai Financial Market moved up 0.97 […]

UAE’s non-oil trade with Japan hits AED53.5 bln

UAE's non-oil trade with Japan hits AED53.5 bln

(Tokyo) – The growth on non-oil trade between the UAE and Japan to AED53.5 billion, or US$14.6 billion, is a tangible proof of the privileged relations established by the two nations across the past decades, according to Sultan bin Saeed Al Mansouri, Minister of Economy. The minister made the remarks during his participation in the […]

Dubai Land Dept partners with Int’l Property Awards

Dubai Land Dept partners with Int'l Property Awards

(Dubai) – Dubai Land Department (DLD) has partnered with the International Property Awards (IPA), a renowned international awards programme in the real estate sector, to establish a specialised branch of the programme in Dubai called the ‘International Property Awards Dubai’ (IPAD). Under the new partnership between the two parties, IPAD will become a state-of-the-art global […]

ADNOC accelerates 2030 strategy growth

ADNOC accelerates 2030 strategy growth

(Abu Dhabi) – The Abu Dhabi National Oil Company, ADNOC, is making smarter use of capital to fund an ambitious growth plans and accelerate delivery on the goals of its 2030 strategy, according to Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and ADNOC Group CEO. Speaking in Abu Dhabi, at the Global […]

UAE envoys briefed on Expo 2020

UAE envoys briefed on Expo 2020

(Dubai) – UAE ambassadors and heads of the country’s missions abroad have praised the progress made in preparing for the Expo 2020 Dubai during a visit to the project site in Dubai. The visit was held on the sidelines of 12th UAE Ambassadors and Mission Heads Forum held in Abu Dhabi under the patronage of […]

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