Category Archives: General

Inter bank transfers reached AED948 bn in January 2020: CBUAE

ABU DHABI The total value of fund transfers among UAE’s banks through the Funds Transfer System, UAEFTS, rose to AED948 billion during January 2020, according to the UAE Central Bank, CBUAE, figures.

The apex bank noted that the inter bank …

China UAE trade reaches $34.7b in first 9 months of 2019, up by 6.01% from last year: Envoy

ABU DHABI Bilateral trade between China and the UAE reached US$34.7 billion in the first nine month of 2019, a 6.01 percent increase compared to the same period in 2018, according to a top Chinese diplomat.

“Our major economic and …

DCD retreat reviews Abu Dhabi social sector’s vision, strategic targets for 2030

ABU DHABI The Department of Community Development Abu Dhabi, DCD, held the first Social Sector Retreat 2020 in Abu Dhabi on February 20th, 2020, at Rixos Premium Saadiyat Island, which reviewed the Abu Dhabi social sector’s vision and strategic targets …

Cultural barriers, funding remain challenges for female entrepreneurs

DUBAI Although the number of women entrepreneurs is increasing across the world, they still face many challenges such as cultural barriers, and lack of funding, according to a top female corporate executive.

“One might think that we are indeed making …