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Dubai, Sao Paulo reaffirm commitment to boost trade ties

DUBAI / WAM Businesses in Dubai and Sao Paulo explored the untapped trade and investment potential in key sectors and areas of mutual interest including agri-business, technology, innovation, transport and logistics, according to officials speaking earlier on Tuesday at the Dubai-Sao Paulo Business Forum. The forum, held at the Dubai Chamber of Commerce and Industry’s premises, was attended by a ...

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DWC passenger numbers rise 81.5% in 2019

DUBAI / WAM Dubai World Central (DWC), registered a surge of 81.5 percent in customer numbers in 2019 with annual traffic exceeding 1.6 million. According to a DWC press statement, the sharp increase in customer numbers was attributed to the relocation of operations by various international carriers during the 45-day closure of Dubai International’s (DXB), southern runway during April and ...

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ADFD, US agency ink deal on private sector investments

ABU DHABI / WAM The Abu Dhabi Fund for Development (ADFD), on Tuesday signed a Memorandum of Understanding with the United States International Development Finance Corporation (DFC), an independent agency of the US Government. The areas of collaboration outlined by the MoU include the exchange of knowledge and expertise between the two parties especially in the field of financing private ...

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