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Abu Dhabi starts fund to boost business tourism in the emirate

Abu Dhabi starts fund to boost business tourism in the emirate

by Danissa Guotana | Apr 5, 2023 | Business

Abu Dhabi has launched a new fund aimed at further increasing corporate events and incentive travel in the emirate, as the UAE capital seeks to expand business tourism. The fund will leverage public-private partnerships to boost business-to-business events,...
Dubai Police and banks team up to stamp out financial crime

Dubai Police and banks team up to stamp out financial crime

by Danissa Guotana | Apr 3, 2023 | AML, Business

Dubai Police’s General Department of Criminal Investigation has signed Memorandums of Understanding (MoUs) with ten banks and financial institutions, to enhance the security system and collaborate with partners in the field of investigating and anticipating the future...
UAE ranks first in Middle East for foreign direct investment confidence

UAE ranks first in Middle East for foreign direct investment confidence

by Danissa Guotana | Mar 31, 2023 | Business

UAE is the leading emerging market across the MENA region, according to Kearney’s 2023 Foreign Direct Investment Confidence Index (FDICI) Emerging Markets ranking. The ranking is aimed at providing business leaders to determine which markets are most...
UAE approves 24 national initiatives to double re-export industry

UAE approves 24 national initiatives to double re-export industry

by Danissa Guotana | Mar 30, 2023 | Business

The UAE government has given the green light for 24 national initiatives that will bolster the country’s re-export industry by 100% in the next seven years.   The initiatives were approved during a cabinet meeting chaired by Sheikh Mohammed bin Rashid Al...
UAE Central Bank announces launch of ‘The Digital Dirham’ strategy

UAE Central Bank announces launch of ‘The Digital Dirham’ strategy

by Danissa Guotana | Mar 28, 2023 | Business

The Central Bank of the UAE (CBUAE) will be implementing its Central Bank Digital Currency (CBDC) strategy titled ‘The Digital Dirham’. In a joint signing ceremony with G42 Cloud and R3, CBUAE has enlisted the two entities as the infrastructure and technology...

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