Abu Dhabi Port’s industrial and economic zones now have a combined land area of 554 square kilometres as a result of its merger with ZonesCorp. Khushnum Bhandari for The National
Abu Dhabi Port’s industrial and economic zones now have a combined land area of 554 square kilometres as a result of its merger with ZonesCorp. Khushnum Bhandari for The National
Abu Dhabi Port’s industrial and economic zones now have a combined land area of 554 square kilometres as a result of its merger with ZonesCorp. Khushnum Bhandari for The National
Abu Dhabi Port’s industrial and economic zones now have a combined land area of 554 square kilometres as a result of its merger with ZonesCorp. Khushnum Bhandari for The National

UAE export agencies to host major international forum to drive FDI


Jennifer Gnana
  • English
  • Arabic

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.

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

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
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
Series information

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. 

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Qosty Byogaani

Starring: Hani Razmzi, Maya Nasir and Hassan Hosny

Four stars