Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, affirmed that the UAE has placed foreign trade at the centre of its economic agenda, recognising its pivotal role in driving industrial output, enhancing the global competitiveness of its products and services, as well as catalysing innovation.
Category: Economy
Post
Post
NMDC Group to list NMDC Energy on ADX
The Board of Directors of NMDC Group PJSC has approved to list NMDC Energy PJSC on the Abu Dhabi Securities Exchange (ADX) and sell a portion of the Group's shares in NMDC Energy PJSC through a public subscription.
Post
Mubadala invests in Yondr Group to develop hyperscale data centres
Mubadala Investment Company today announced its investment in Yondr Group, a leading global hyperscale data centre developer, alongside Apollo via an existing investment from Apollo-managed funds.
Post
DXB expects 3.43 million passengers on August 31-September 2
Dubai International (DXB) is gearing up to welcome 3.43 million passengers between 21st August and 2nd September as residents return from their summer vacations.
Post
DEWA discusses enhancing ties with Chinese companies in energy, water
Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), welcomed Ou Boqian, Consul-General of the People's Republic of China to Dubai and the Northern Emirates, to enhance collaboration in the energy and water sectors and review the promising investment opportunities in these sectors.
Post
Top ten UAE Banks exhibited improved asset quality, higher profits in Q2 2024: Report
The UAE’s top banks’ capital position remains robust, supported by high profits, and their asset quality further improved in the quarter ending June 2024.
Post
Abu Dhabi hotels welcome 2.4 million guests in five months
Abu Dhabi hotels received 2.411 million guests during the first five months of this year, according to recent data released by the Statistics Centre Abu Dhabi.
Post
Abu Dhabi Chamber reports 23.8% YoY increase in issuing certificates of origin
The Abu Dhabi Chamber of Commerce and Industry, in cooperation with Etihad Credit Insurance (ECI), has developed a research paper, which revealed a 23.8% year-on-year (YoY) increase in the number of certificates of origin issued between January and May 2024, compared to the same period in 2023.
Post
Dubai Chambers signs MoU with Industrial and Commercial Bank of China
Dubai Chambers has signed a Memorandum of Understanding (MoU) with the Industrial and Commercial Bank of China Limited – Dubai (DIFC) Branch to enhance cooperation and improve the support available to companies and businesspeople in Dubai and China.
Post
Abu Dhabi Airports, IndiGo launch 3 new routes to India
Abu Dhabi Airports, the operator of the Emirate's five airports, today announced the recent launch of three new direct routes by Indian airline IndiGo.