Recent Posts

Dafza adds AED164 billion to Dubai foreign trade in 2019

DUBAI / WAM Dubai Airport Freezone Authority (Dafza) has played a key role in boosting Dubai’s economic growth, with a 12 percent contribution to the emirate’s foreign trade in 2019, compared to 11.2 percent in 2018, out of a total trade value of AED1.37 trillion recorded last year. This came as a direct result of the incentives and business facilitation ...

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Abu Dhabi, Dubai financial markets ban insider trading

ABU DHABI / WAM Abu Dhabi and Dubai Financial Markets (DFM) announced the prohibition period for insider trading at public shareholding companies listed in the UAE capital markets, which will take effect on Tuesday, March 17, in compliance with the applicable regulations and rules. The Abu Dhabi Securities Exchange (ADX) and DFM called on listed shareholding companies and brokerage companies to implement ...

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Covid-19: WTO suspends meetings till end of April

GENEVA / WAM All World Trade Organisation (WTO), meetings are suspended until the end of April and Secretariat staff have been requested to work from home until the end of March. Director-General Roberto Azevedo has informed WTO members and staff that access to the organisation’s premises will be restricted as of March 16. “In light of developments related to the ...

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