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Browsing: investment
The UAE and the Central African Republic have set a trade target exceeding AED 3.7B (USD 1B) following the signing of a Comprehensive Economic Partnership Agreement (CEPA) last week. This agreement aims to strengthen economic ties and unlock new business opportunities.
Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, stated that the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and the Central African Republic reflects the UAE leadership’s commitment to expanding global trade and investment ties.
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The Arab Energy Fund (AEF), previously known as Apicorp, has secured USD 650M through a five-year bond issuance, which was oversubscribed by 1.4 times.
The Future100 initiative has signed six new partnership agreements with economic and academic institutions, business accelerators, and investment firms to strengthen the UAE’s entrepreneurial ecosystem.
UAE investment platform 2PointZero is preparing for a stock market listing in Abu Dhabi later this year, CEO Mariam bint Mohammed Almheiri confirmed, signalling a significant move in the region’s financial sector.
Abdullah bin Touq Al Marri, Minister of Economy, highlighted the financial technology (Fintech) sector’s significant role in driving economic growth, stating that it currently contributes 8.7% to the UAE’s Gross Domestic Product (GDP).
First Abu Dhabi Bank (FAB) has received final approval from the Ministry of Human Resources and Emiratisation (MOHRE) and the Securities and Commodities Authority (SCA) to launch its End of Service Benefits Funds.
Jaume Miquel, Chairman and CEO of Tendam, highlighted, “Since implementing the Tendam 5.0 strategy, Tendam has demonstrated exceptional growth, underpinned by the creation of a unique, unrivalled omnichannel ecosystem.
