DUBAI / WAM It is estimated that Small and Medium Enterprises (SMEs) contribute 40 percent to Dubai’s GDP and employ 42 percent of the total workforce, said Fahad Al Gergawi, CEO of Dubai Investment Development Agency (Dubai FDI). In a statement released on the occasion of ‘Micro, Small and Medium-sized Enterprises Day’, which is observed on June 27, Al Gergawi, ...

Abu Dhabi / WAM Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Hong Kong Monetary Authority (HKMA) signed a cooperation agreement on Tuesday to jointly promote and enable financial services innovation, and accelerate cross-border FinTech business opportunities in Hong Kong and the UAE. With this agreement, ADGM has established strategic FinTech collaborations with eleven leading ...

KATHMANDU / WAM The UAE is the third largest exporter to Nepal as the trade exchange between the two countries amounted to $425.2 million in 2017, a 14.4 percent annual growth compared to 2016, Abdullah Salih Al Salih, Under-Secretary of the UAE Ministry of Economy for Foreign Trade Affairs, said. Speaking on Monday at the opening ceremony of the UAE-Nepal ...