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SEDD and Shams boost cooperation

SHARJAH / WAM Sultan Abdullah Al Suwaidi, Chairman of the Sharjah Economic Development Department (SEDD) received Dr Khalid Omar Al Midfa, Chairman of Sharjah Media City, Shams, and Shehab Ahmed Al Hammadi, Shams Director-General. The meeting discussed means of cooperation and mutual work for the benefit of investors. SEDD chairman said the meeting is important for enhancing cooperation and speeding ...

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UAE-Vietnam trade reaches $9bn

ABU DHABI / WAM The value of foreign trade between the UAE and Vietnam, including free zones trade, totalled nearly $9 billion in 2017, with exports accounting for around $324 million, re-exports around $282 million, and imports for around $8.4 billion. An analytical study, titled, “The Reality of the Foreign Trade between the UAE and the Socialist Republic of Vietnam,” ...

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DAE okays $300mn bond repurchase plan

DUBAI / WAM Dubai Aerospace Enterprise (DAE) announced that its Board of Directors and sha- reholders had approved a bond repurchase program-me of up to $300 million. Repurchases will be conducted through transactions in the open market, the company said, and announced that pursuant to this approval it had repurchased $43 million of its bonds maturing in 2024. DAE Managing ...

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