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Tech to bridge $1.5trn trade finance gap, spur SME growth

DUBAI / WAM Industrial readiness in the trade sector and technology advancements could bridge the current $1.5 trillion trade finance gap, with potential to inject new growth in trade, according to a report on ‘The Future of Trade’ from DMCC, the world’s flagship Free Zone and Dubai government authority on commodities trade and enterprise. The research highlights the emerging impact ...

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UAE aid to Yemen reaches $3.8bn

ABU DHABI / WAM The UAE foreign assistance to Yemen has reached a total of AED13.82 billion ($3.76 billion) in the last three years, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) announced. Since April 2015 and until April 2018, the UAE has continued to provide necessary relief aid to Yemeni citizens across a number of humanitarian and development ...

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UAE, US enhance air transport ties

ABU DHABI / WAM The air transport agreement signed between the United Arab Emirates and the United States in 2002 is the legal framework governing the air transport relationship between the two countries and reflects the open skies policy adopted by both countries. The two sides have signed a record of discussion reflecting the strong relationship and the importance of ...

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