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VIETNAM / WAM Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, said today that Dubai’s investments in Vietnam totalled approximately AED280 million between 2019 and 2023, fostering 4,500 job opportunities within the Vietnamese market. During the second leg of the trade mission organised by Dubai Chamber International to Indonesia and Vietnam, Lootah told the Emirates News Agency (WAM) ...

DUBAI / WAM The Dubai Financial Services Authority (DFSA), in 2023, marked a remarkable 25% increase in licensing from the previous year, bringing the total number of licensed firms to 791. This surge underscores the growing confidence in the DFSA’s regulatory framework and the attractiveness of the region for financial services firms. In its annual report for 2023, DFSA showcased ...

ABU DHABI / WAM The 13th edition of AIM Congress (Annual Investment Meeting) concluded with resounding success after three days of dynamic discussions, innovative exhibitions, and fruitful networking sessions at ADNEC. With the support of UAE Industry of Advanced Technology and the Abu Dhabi Department of Economic Development as lead partners, AIM Congress 2024 convened global investors, entrepreneurs, and policymakers ...

DUBAI / WAM Emirates has announced it will resume flight operations to Edinburgh starting from 4 November 2024. The highly anticipated return to the Scottish capital will complement the airline’s current A380 daily flight to Glasgow and offer customers 14 weekly flights to/from the country. The Dubai to Edinburgh route will be served utilising the Emirates A350-900 aircraft in a ...

DUBAI / WAM Al Ansari Financial Services PJSC (DFM: ALANSARI), (the Group), today reported its financial results for the first quarter of 2024 (Q1’24). According to First Quarter 2024 Financial Results, operating Income saw a 4.3% decline due to the pressure from the parallel market within major remittance corridors and the uncertainty prevailing macroeconomic conditions in the region. Net profit ...

DUBAI / WAM Joseph Chan, Under-Secretary for Financial Services and the Treasury at the Government of the Hong Kong Special Administrative Region, highlighted the ongoing efforts to strengthen relations with the UAE, to help pave the way for the expansion of Chinese companies into the markets of the Gulf Cooperation Council (GCC) region and Africa. In an interview with Emirates ...

ABU DHABI / WAM The market cap of Arab stock exchanges exceeded $4.361 trillion at the end of April 2024, according to the Arab Monetary Fund (AMF). The monthly bulletin data of the AMF said that the market value of the Abu Dhabi Securities Exchange reached $754.7 billion, while that of the Dubai Financial Market was valued at $193.4 billion, ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received His Excellency Hakan Fidan, Minister of Foreign Affairs of the Republic of Türkiye, at Qasr Al Shati in Abu Dhabi. At the beginning of the meeting, His Excellency the Turkish Minister of Foreign Affairs conveyed to His Highness the President the condolences of His Excellency Recep ...

ABU DHABI/ WAM Their Highnesses Sheikhs and a crowd of people today performed the funeral prayer over the late Sheikh Hazza bin Sultan bin Zayed Al Nahyan, at the Sheikh Sultan Bin Zayed The First Mosque in Abu Dhabi. Among the mourners were H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi; H.H. Sheikh Saif ...

ABU DHABI/ WAM H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, and H.H. Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, today offered their condolences on the passing of Sheikh Hazza bin Sultan bin Zayed Al Nahyan. H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of ...