The UAE accounts for 77% of GCC investments in Latin American markets between 2016 and 2021, the latter of which amounted to $4 billion over the same period, according to a new whitepaper released by Dubai Chamber of Commerce in collaboration with Economist Impact. The report, entitled Cultivating Ties: Deepening trade and investment between Latin […]Read More
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, today met with Evan Spiegel, Co-Founder and CEO of Snap Inc, the leading US-based social media company that owns the popular messaging app Snapchat. In his discussions with the CEO of Snap Inc, His […]Read More
The price of OPEC basket of thirteen crudes stood at US$117.23 a barrel on Thursday, compared with US$128.46 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Iran), Basra […]Read More
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, held a bilateral meeting with Zdravko Počivalšek, Deputy Prime Minister and Minister of Economic Development and Technology of Slovenia, to discuss strengthening economic relations and enhancing trade exchanges. During the meeting that took place at the Ministry of Economy headquarters in Dubai, the […]Read More
A new crypto project “GULF” is rising to empower the public to become part of the digital transformation and adopt digital services. The GULF project is launching GulfCoin: an electronic cryptocurrency developed by a team of professional developers and programmers from the Arab world, Europe, and the Far East.GulfCoin’s initial coin offering “ICO” is scheduled […]Read More
Hebany Group in partnership with “Governing Council of the Region of Murcia” organized a conference in Dubai with an aim to publicize the fruits and vegetables in Murcia, a city in south-eastern part of Spain. The speaker of the first session was Víctor Manuel Martínez Muñoz, Secretary General of the Department of Water, Agriculture, Livestock, […]Read More
Real estate market remains buoyant with global investors continue to park funds in areas like Emirates Hills, Business Bay, Maydan, Palm Jumeriah, Arabian Ranches and JBR: IQI Global The Expo 2020 has been truly remarkable and impressive. Starting from opening ceremony, economic momentum, busy airport and visitors arriving in the show to strike business agreement, […]Read More
Dubai International Financial Centre (DIFC), the Middle East, Africa and South Asia (MEASA) region’s leading global financial centre has reported its best annual performance to date. The performance, which reflects the success of strategic measures undertaken to grow the DIFC community under the directives of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy […]Read More
Swiss based start-up THE JET ZeroEmission announced that it has inked an agreement with Zenith Marine Services LLC, a UAE based company; and DWYN LLC to manufacture and operate ‘THE JET’ – the first clean-energy, hydrogen-powered flying boat. Featuring an iconic design, the boat’s world premiere will be held in Dubai. The announcement reflects Dubai’s […]Read More
As part of its Dirham Monetary Framework implementation plan, the Central Bank of the UAE (CBUAE) will introduce new general terms and conditions for its standing credit and liquidity insurance facilities, where licensed financial institutions in the UAE can access CBUAE reserves on an overnight or term basis by posting eligible collateral. The new terms […]Read More
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