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DUBAI NEWS

Emirates Islamic Launches Five Year Wakala Investment Option
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the launch of a five year Wakala investment option, with an expected profit rate of 2.5 per cent per annum.

TRA Launches #YESUAE Campaign
The Telecommunications Regulatory Authority, TRA, has formally announced the launch of the ’#YESUAE Campaign’ across the nation’s most popular social networking platforms.

Revolutionary ’Entrepreneurs Without Borders’ Scheme Launched From Dubai
The serial entrepreneur Mohammed Johmani has announced an unparalleled initiative under the name ’Entrepreneurs Without Borders’.

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DUBAI FEATURES

India to top UAE’s export and import destination list by 2030

India is forecasted to be the UAE's top export and import destination by 2030, according the latest HSBC Trade Forecast. In addition to India, the fastest growing export markets for the UAE will be China, Malaysia, Turkey - each of which will see the fastest growth rates between 2017 and 2030. Asia and Turkey will also remain the most important trade partners in terms of imports. Import growth will be fastest for goods originating from China, India, Turkey and Vietnam.



American Express Middle East survey shows significant change in spending habits across MENA region

Nearly two-thirds (59%) of luxury spenders in the MENA region are now choosing to spend more of their money on enriching experiences rather than goods, according to the new American Express Middle East Spending Survey*. This is markedly different from the results of a similar survey carried out by American Express Middle East in 2012, which showed respondents were most likely to spend their disposable income on tangible items such as high-end fashion, electronics and the latest cars.



Hong Kong Government to list US$1 billion Sukuk on Nasdaq Dubai

The Government of Hong Kong has announced plans to list its first successful offering of US$1 billion (AED3.68 billion) Sukuk on Nasdaq Dubai as part of its Government Bond Programme. Commissioned with the implementing the initiative of transforming Dubai into a capital of Islamic finance, Dubai Crown Prince and Chairman of the Executive Council Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum welcomed the decision to list the Hong Kong sukuk on Nasdaq Dubai.



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ABU DHABI NEWS

UAE TRA Launches #YESUAE Campaign And Announces PP-14 Twitter Session To Highlight The UAE Candidacy For ITU Council & Radio Regulations Board Memberships
The Telecommunications Regulatory Authority (TRA) has formally announced the launch of the #YESUAE Campaign across the nation’s most popular social networking platforms.

Abu Dhabi Police and Red Crescent Sign MOU Regarding ‘Hifz Al Ni’am’ Project
The Abu Dhabi Police General Headquarters and the Emirates Red Crescent signed a MOU to boost coordination efforts to serve society, through the ‘Hifz Al Ni’am’ project (Value the blessings)

Saif Bin Zayed: Continuing Education Is The Pathway To Success Al Nuaimi Calls For An Extended Maternity Leave And For Establishing Children’s Psychological Health Centers
Lt. General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, reviewed on Tuesday, in his office at the Abu Dhabi Police General Headquarters.

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ABU DHABI FEATURES

UAE University ranked among world’s top 400 Universities

The U.A.E. University has been ranked among the best 400 universities, according to the Quacquarelli Symonds (QS) World University Rankings. The QS based its classification on a number of strict requirements, among others, the academic reputation, recruitment and productivity indicators, research, proportion of teaching staff to students, attractiveness of university to professors and foreign students.



SCAD issues quarterly report on non-oil merchandise trade

Statistics Centre - Abu Dhabi (SCAD) has issued its quarterly report on non-oil merchandise trade through the ports of the Emirate of Abu for Q2 2014 to support decision makers and businesses with accurate and up-to-date statistics on the non-oil merchandise that entered or exited the territory of the Emirate of Abu Dhabi through the emirate’s ports (including air, sea and land ports) during the reference period.



ADPC, TCA Abu Dhabi take ’Cruise Abu Dhabi’ international

 The concept design of Abu Dhabi’s planned permanent cruise passenger terminal is to be unveiled later this month at Europe’s most prestigious cruise event, Seatrade Med 2014, from 16-18 September in Barcelona, Spain. The model is being showcased by Abu Dhabi Ports Company (ADPC) following an international design competition and extensive industry stakeholder input. An important element of the competition was the commitment to hire two leading Emirati architectural graduates, to join the project team for the development of the architectural design.



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SHARJAH NEWS

 
Shurooq Promotes Sharjah In Shanghai
The Sharjah Investment and Development Authority (Shurooq) has successfully concluded an investment roadshow to Shanghai China as part of its ongoing strategy to promote the Sharjah as a world-class destination for international investment.

Sharjah Seeks To Benefit From Silk Road Revival
Aiming to better integrate regional economies into China’s global supply chain, Sharjah showcased the key role it can play in the revival of the old ’Silk Road’ at a recent high-profile event held in Xiamen, China.

Sharjah To Launch Middle East Watch And Jewellery Exhibition
Under the auspices of H.H. Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, the Expo Centre is to organise the 37th Middle East Watch and Jewellery Exhibition to be held from 14th - 18th of October.

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SHARJAH FEATURES

Sharjah seeks to benefit from Silk Road revival

Aiming to better integrate regional economies into China's global supply chain, Sharjah showcased the key role it can play in the revival of the old 'Silk Road' at a recent high-profile event held in Xiamen, China. At the WTCA (World Trade Centers Association Inc) Access China Program's 18th China International Fair for Investment and Trade (CIFIT), Mr. Saif Mohammed Al Midfa, CEO, Expo Centre Sharjah, successfully presented World Trade Centre Sharjah and the Middle East region to the Chinese and international business community.


New book features unique collection of Islamic textiles from Sharjah

One of the world’s most important collections of Islamic textiles from the Sharjah Museum of Islamic Civilisation is being celebrated in a new publication created by Sharjah Museums Department (SMD).



Sharjah Commerce and Tourism Development Authority
Established in 1996 by the Government of Sharjah, the SCTDA has been in the forefront of promoting and taking Sharjah to the world with its relentless efforts and unmatched enthusiasm. The Authority constantly explores possibilities and avenues of promoting and developing tourism and commercial sectors in the emirate through special events, activities and festivals at home and around the world. It pursues its goals by planning and drawing up strategic plans to promote and develop tourism sector in all its forms. It conducts social and economic research and studies as well to evolve its strategies and pursue its goals. And as part of its strategy to promote Sharjah, SCTDA participates in local, regional and international exhibitions, focusing on the factors of distinction and exclusivity.

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