Tag: UAE Business News
UAE’s EDB & FAB to offer $44mn revolving credit facility to...
Emirates Development Bank (EDB), the fully-owned UAE Federal Government financial entity, has announced the closure of a $44 million (AED165 million) revolving credit facility,...
Tabreed join forces with IFC for its expansion into Indian cooling...
UAE-based international district cooling developer, National Central Cooling Company (Tabreed) has formed a new strategic partnership with World Bank's International Finance Corporation (IFC) to...
UAE explores ways to boost trade & economic ties with Sri...
UAE Minister of State Mr. Ahmed Ali Al Sayegh and Sri Lankan Minister of Public Security Mr. Sarath Weerasekera have discussed ways to strengthen...
CBUAE sets up strict framework to supervise bank’s real estate exposure
The Central Bank of the UAE (CBUAE) has brought out an improved framework to oversee the exposure of the bank to the real estate...
ADNOC Drilling signs Rig Enablement Framework deal with US-based H&P
UAE-based largest national drilling firm, ADNOC Drilling Company and American petroleum contract drilling company, Helmerich & Payne (H&P) have signed a Rig Enablement Framework...
Indian Minister seeks ways to enhance country’s market access in UAE
India's Minister for Commerce and Industry, Mr. Piyush Goyal, along with industry leaders in Mumbai and heads of Export Promotion Councils, looked into ways...
UAE’s FTA verifies systems’ readiness of VAT Refund Scheme for Tourists
UAE’s Federal Tax Authority (FTA) has organized field tours to the ‘Self-Service Kiosks’ in Dubai International Airport, which are part of the Value Added...
DEWA’s Moro Hub, Huawei break ground for solar-powered green data center
Dubai Electricity and Water Authority (DEWA) and Huawei Middle East & Africa (MEA), have broken ground for the first phase of the largest solar-powered...
