Friday 18 August 2017
 
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Jafza non-oil foreign trade hits $80bn

Dubai-based Jebel Ali Free Zone (Jafza), a subsidiary of DP World, has consolidated its position as a major trading and logistics hub by growing its non-oil foreign trade by 17 per cent to 27.9 million tonnes in 2016, worth $80.2 billion, from 2

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Halal Expo Dubai, Salaam Gateway to attract foreign investment

Halal Expo Dubai, the largest and most comprehensive business-to-business (B2B) halal exposition in the Middle East, and Salaam Gateway have agreed to promote the strategically significant event and to attract foreign halal investment into Dubai

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Oman received $19bn in foreign investment in 2016

Foreign investors ploughed OR7.4 billion ($19.21 billion) into the country last year, almost a billion more than in 2015, according to government data. The news was welcomed by analysts and experts as a healthy indicator that Oman

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Nine foreign firms ready to fund Iran plane purchase

Nine financial institutions from Europe and Asia have expressed their readiness to fund Iran's purchases of planes from Airbus and Boeing, a report said. According to deputy minister of Roads and Urban Development for Internat

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Iran’s province eyes $2bn in foreign investment

Iran’s Tehran Province has set goals to attract $2 billion in foreign investment during the year to March 21, 2018, said a senior official in a report. The goals will be followed up as long-term, mid-term and short-term plan

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155 Iran projects attract $7bn foreign investment

Iran's Ministry of Industries, Mines and Trade revealed that 155 projects were implemented nationwide over the past four years which drew $7 billion in foreign investment, said a report. The ministry said that Iran’s Pre

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Dubai attracts 247 new foreign investment projects

Dubai attracted 247 new foreign investment projects during 2016, said a senior official from Dubai Investment Development Agency, an agency of Dubai Economy. Dubai attracted Dh25.5 billion ($6.9 billion) in foreign direct investme

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Sharjah's FDI to exceed $272m this year

Sharjah is expected to draw a total of  Dh1 billion ($272.2 million) foreign direct investment (FDI) this year, an anticipated growth of 15 per cent on 2016, according to Sharjah’s government authorities. The figures ar

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UAE’s foreign trade of creative industries at $30.7bn

The total value of the foreign trade of creative industries in the UAE was recorded at $30.7 billion in 2015, reflecting a seven per cent increase in its non-oil trade activities, according to a recent study. The global export of

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UAE unveils new five-year foreign aid strategy

The UAE’s Ministry of Foreign Affairs and International Co-operation has launched a five-year foreign aid strategy which will focus on women’s empowerment and protection, transport and urban infrastructure, and technical co-operation

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