Recent Posts

ADFD, Gambia explore ties, investment prospects

ABU DHABI / WAM Mohammed Saif Al Suwaidi, Director-General of Abu Dhabi Fund for Development (ADFD) met a high-level Gambian delegation to the UAE, led by President Adama Barrow of Gambia, to discuss development funding and investment opportunities in the African country. Delegates included several Gambian ministers and government officials. The meeting also drew the participation of Fansu Bojang, Ambassador ...

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Commercial Bank of Dubai H1 profit rises 25% to AED 701m

Dubai / Emirates Business The Commercial Bank of Dubai (CBD) recorded a net profit of AED 701 million for the first half of 2019, representing an increase of 25 percent over the same period last year. The strong results have been attributed to broad based business improvement. The operating expenses increased marginally by 1.1 percent primarily on the back of ...

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DMCC, DLD join hands on dual licensing scheme

DUBAI / WAM Dubai Multi Commodities Centre (DMCC) Free Zone and Government of Dubai Authority on commodities trade and enterprise, and the Department of Economic Development (DED) have signed a strategic memorandum of understanding (MoU) to collaborate on the licensing of companies in Dubai allowing them to operate within the Free Zone and onshore. The partnership aims to further facilitate ...

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