UAE, South Africa sign MoU to strengthen bilateral trade and investment
The UAE commits to inject billions of dollars into the South African economy at South Africa- UAE joint forum...
Tag : UAE
Uber gets UAE ministry’s approval for $3.1bn Careem merger deal
UAE’s competition committee finds that the deal will not result in economic concentration in excess of the 40% allowed...
Number of billionaires in UAE and Saudi Arabia declines in 2018
Wealth X’s report finds that there are 55 dollar billionaires in the UAE worth $165 billion...
Gold dominates UAE’s non-oil trade; total non-oil volume hits Dh1.6 tn
UAE’s trade with Arab countries made 21 percent of total non-oil trade...
Foreigners can now own up to 40% in First Abu Dhabi Bank
The UAE central bank approves raising foreign ownership limit from 25%...
Gamestream deal: Etisalat to stream video games from premier publishers
The UAE telecom operator aims to be the dominant player in eSports and video gaming...
Five new ventures win $10000 each at UAE’s AIM Startup
SMEs comprise 98% of all registered firms in the UAE and contribute 49% of non-oil GDP...
Annual Investment Meeting 2019 focuses on the impact of digital innovations on investing
The UAE investment landscape is supported by modern infrastructure and advanced economic legislation...
Dubai ranks first in attracting foreign direct investment for AI and robotics
The emirate has attracted from 2015 to 2018 $21.6 billion worth of FDI in high-end technology transfers with the most from the European Union and the U.S.— $5.7 billion and $3.9 billion, respectively...
More firms turn to Islamic finance for development projects
“It is our experience that sukuk-based solutions are establishing themselves as an increasingly attractive alternative for the funding of infrastructure and development projects," says Zahid Aslam, managing director of Investment Banking at Dalma Capital Management Limited...