ABU DHABI / WAM The UAE has ranked 30th in the world in terms of a nation’s ability to attract foreign direct investment in 2017, up five places from 2016. According to the UN Conference on Trade and Development (UNCTAD), ‘World Investment Report 2018’, FDI to the UAE rose by eight percent to $10.4 billion in part due to rising ...

DUBAI / WAM The UAE Government has launched the 2nd phase of the customer happiness formula that includes the assessment of 250 electronic and smart services provided by different federal government departments. Ohoud bint Khalfan Al Roumi, Minister of State for Happiness and Wellbeing, said, “customer happiness formula is one of the comprehensive initiatives to develop government services and build ...

DUBAI / WAM DMCC welcomed Islamic Bank of Afghanistan as the newest member of its DMCC Tradeflow platform, a dedicated online platform for registering possession and ownership of commodities stored in UAE-based storage facilities. The collaboration will enable the bank to carry out Sharia-compliant Murabaha transactions using DMCC platform to take multi-currency trades from across the globe. DMCC Tradeflow has ...