The Dubai Multi Commodities Centre (DMCC), the world’s flagship Free Zone and Government of the Dubai Authority on commodities trade and enterprise, inaugurated its 2019 international roadshow under its Made For Trade Live umbrella in Edinburgh, Scotland followed by London, where it discussed the advantages of doing business in Dubai through the DMCC.
The UAE’s Foreign Exchange and Remittance Group (FERG) held the third edition of its annual Anti-money laundering (AML) & Operations Heads conference at the Steigenberger Hotel in Dubai on Sunday. Attended by over 170 representatives from 65 exchange houses, the conference highlighted pressing issues related to AML, risks, measures, and solutions associated with the effective operations
Emirates Global Aluminium (EGA), Mubadala and Dubal Holding on Sunday officially broke ground on a new Dhs1 billion state-of-the-art power block at EGA’s Jebel Ali smelter in Dubai.
Sheikh Nahyan Bin Mubarak Al Nahyan, Minister for Tolerance, opened the fifth edition of the much-awaited Custom Show Emirates (CSE) and fourth edition of International Motorshow Abu Dhabi (IMSAD) 2019 at the Abu Dhabi National Exhibition Centre on Thursday.
The second Pakistan Remittance Summit held in Dubai with the aim of discussing the innovative ideas to increase the remittance to Pakistan and discourage the illegal mode of money transfers like Hawala, Hundi and others causing 8 to 9 billion dollar loss to Pakistan economy annually. The summit held in a local hotel had attended by the representatives Pakistani banks operating in the UAE, officials
According to a recent study by PayFort, the GCC’s online retail revenues are expected to reach $69 billion by 2020. “The UAE leads the way regionally in terms of online sales, with 62 percent of citizens now shopping online, and annual sales expected to reach US$23.7 billion by 2022.” This was stated by Mauro Romano, CEO, ArabClicks, during an exclusive interview with Gulf Today.
The UAE Government’s new foreign direct investment, FDI, law passed in 2018 could accelerate FDI flows by up to 20 per cent this year, from the eight per cent average growth rate, as per the recent estimates of the Ministry of Economy.
Dnata CC defeated Sewa by eight wickets in a rain-interrupted final of the fourth edition of the Rashid Alleem Premier League at the Sharjah Cricket Stadium on Friday.
Finland’s Sami Selio hopes to spring surprises for newly-launched Sharjah when the UIM F1H2O World Championship’s 36th season gets under way at the Saudi Arabian Grand Prix on Thursday.