ABU DHABI, As part of its participation in the first edition of the Abu Dhabi International Food Exhibition (ADIFE), the Abu Dhabi Chamber of Commerce and Industry (ADCCI) signed three Memoranda of Understanding (MoUs) with local and regional parties, …
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Local production enhances UAE’s food security system: FCSC
ABU DHABI, The Federal Competitiveness and Statistics Centre (FCSC) released a series of figures on agricultural crops, livestock and fisheries in the UAE for 2021, which confirmed that the country is progressively strengthening its food security syste…
HUB71, Mohammed Bin Salman Foundation to drive cross-border market access for startups, tech companies
ABU DHABI, Hub71, Abu Dhabi’s global tech ecosystem, and Mohammed Bin Salman Foundation (MiSK Foundation) have partnered to ease international market access for startups and technology companies between Abu Dhabi and the Kingdom of Saudi Arabia.The par…
EWEC to close its 2022 Clean Energy Certificates auction on 14 December
ABU DHABI, EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the UAE, today announced that it will conduct its upcoming auction for Clean E…
ADEX signs AED92 million financing agreement with Togo to raise capacity of Mohamed bin Zayed Solar PV Complex
ABU DHABI, The Abu Dhabi Exports Office (ADEX) signed an agreement with Togo’s Ministry of Economy and Finance to raise the production capacity of the Mohamed bin Zayed Solar Park in the country from the current 50 megawatts to 70 megawatts. In additio…
UAE an exception in global trade, economy: Mohammed bin Rashid
ABU DHABI, The UAE’s foreign non-oil trade created another record in the first nine months of 2022, totalling over AED1.6 trillion, a rise of 19 percent compared to the same period in 2021.His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice Presid…
CBUAE imposes financial sanction on UAE exchange house
ABU DHABI, The Central Bank of the UAE (CBUAE) imposed a financial sanction on an exchange house operating in the UAE, pursuant to Article 14 of the Federal Decree Law No. (20) of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism a…
First shipment of UAEGD-compliant gold exported to Indian International Stock Exchange
ABU DHABI, The UAE has announced the exportation of the first shipment of gold exports that conform to the UAE Good Delivery (UAEGD) standard to the International Bullion Exchange of India (IIBX).The UAEGD is a standard that provides a framework for th…
AD Ports Group signs collaboration agreement with Africa Finance Corporation
ABU DHABI, AD Ports Group has signed a collaboration agreement with the Africa Finance Corporation (AFC), an infrastructure solutions provider in Africa, to address infrastructure gaps across the continent.The agreement provides the basis for the two o…
Sharjah Chamber, Sri Lankan Consulate in Dubai discuss investment collaboration
SHARJAH, The Sharjah Chamber of Commerce and Industry (SCCI) today received a high-level business delegation from Sri Lanka, led by Nalinda Wijerathna, Consul-General of Sri Lanka in Dubai and the Northern Emirates.During the meeting, they discussed wa…
Abu Dhabi Airports, Bombardier partner to create UAE’s first purpose-built service hub for business aircraft
ABU DHABI, Abu Dhabi Airports announced the official ground-breaking of Bombardier’s new service centre for business aircraft, which is targeted to open in 2025 at the Abu Dhabi International Airport (AUH), with the capacity to fit up to four Global 75…
DIFC-based FinTech firms secured more than AED 2 billion of funding in first nine months
DUBAI, Dubai International Financial Centre (DIFC) today announced that during the first nine months of 2022, the number of FinTech and innovation firms joining DIFC exceeded the total that established operations during the whole of 2021.Between Januar…