Dubai / WAM The UAE attracted $10.35 billion in foreign direct investments in 2017, accounting for 36 percent of the total FDI inflows to the Arab countries. These figures were released by the UAE Ministry of Economy in conjunction with Annual Investment Meeting (AIM), the world’s biggest platform for FDI, which will kick off on Monday in Dubai, where more ...

DUBAI / WAM National Bank of Fujairah (NBF), inaugurated its first international representative office in Antwerp Diamond District, Belgium, the largest rough trading hub in the world. This falls in line with the bank’s strategy to further cement its position as the leading financial partner for clients in the industry through its unparalleled sector expertise and bespoke solutions. The new ...

Dubai / WAM The avoidance of double taxation agreement signed between the United Arab Emirates and Saudi Arabia has come into effect at the beginning of this month, after both countries completed the necessary procedures in accordance with their regulations. The UAE, represented by the Ministry of Finance (MoF), signed the agreement with Saudi Arabia on the avoidance of double ...