The export offices of the emirates of Abu Dhabi and Dubai will co-host a major international buyers' forum in an effort to boost the country’s export economy and attract more foreign investment.
Dubai Exports, in partnership with the Abu Dhabi Exports Office (Adex) and Etihad Credit Insurance (ECI), said it will connect local exporters and international buyers at an event on July 21.
"Dubai Exports is activating on-the-ground resources from its 24 international offices to invite buyers to join in the UAE’s first significant international trade promotion event since the global lockdown,” the agencies said in a statement on Wednesday.
Participating companies will have the opportunity to learn about the full range of financial support services and credit facilities available to buyers through Adex and ECI.
"We are leveraging the full resources of the UAE national export community to help ensure Dubai exporters and their foreign buyers keep goods and services flowing across our borders to continue to stimulate economic recovery and long-term growth,” Dubai Exports chief executive Saed Al Awadi said.
The forum will allow business leaders to “access and most effectively leverage the power of Adex and the entire export support network to enter new markets [and] expand their businesses”, Adex acting director general Saeed Al Dhaheri said.
Adex, which was created in 2019 by the Abu Dhabi Fund for Development, provides buyers with direct financing and credit guarantees to import goods and services from UAE firms.
Earlier this year, the agency allocated Dh550 million in funding to qualify export transactions of national companies. The funding programme allows Adex to provide loans to qualified foreign buyers through payments made directly from the agency to UAE exporters, thereby lowering their risk of delayed payments or non-payment.
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Global state-owned investor ranking by size
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Canada
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Syria squad
Goalkeepers: Ibrahim Alma, Mahmoud Al Youssef, Ahmad Madania.
Defenders: Ahmad Al Salih, Moayad Ajan, Jehad Al Baour, Omar Midani, Amro Jenyat, Hussein Jwayed, Nadim Sabagh, Abdul Malek Anezan.
Midfielders: Mahmoud Al Mawas, Mohammed Osman, Osama Omari, Tamer Haj Mohamad, Ahmad Ashkar, Youssef Kalfa, Zaher Midani, Khaled Al Mobayed, Fahd Youssef.
Forwards: Omar Khribin, Omar Al Somah, Mardik Mardikian.
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
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Pakistan v Dubai
First Test, Dubai International Stadium
Sun Oct 6 to Thu Oct 11
Second Test, Zayed Stadium, Abu Dhabi
Tue Oct 16 to Sat Oct 20
Play starts at 10am each day
Teams
Pakistan
1 Mohammed Hafeez, 2 Imam-ul-Haq, 3 Azhar Ali, 4 Asad Shafiq, 5 Haris Sohail, 6 Babar Azam, 7 Sarfraz Ahmed, 8 Bilal Asif, 9 Yasir Shah, 10, Mohammed Abbas, 11 Wahab Riaz or Mir Hamza
Australia
1 Usman Khawaja, 2 Aaron Finch, 3 Shaun Marsh, 4 Mitchell Marsh, 5 Travis Head, 6 Marnus Labuschagne, 7 Tim Paine, 8 Mitchell Starc, 9 Peter Siddle, 10 Nathan Lyon, 11 Jon Holland
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
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Qosty Byogaani
Starring: Hani Razmzi, Maya Nasir and Hassan Hosny
Four stars
