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  • 3 Mar 2020 14:16 | Anonymous member (Administrator)


    DUBAI (Reuters) - The United Arab Emirates’ economy grew at 2.9% year-on-year in 2019, up from 1.7% in 2018, a UAE central bank report said.

    The country’s hydrocarbon sector grew at 7.6% in 2019, while the non-hydrocarbon sector expanded by 1.1%, the bank report said.

    The central bank said the UAE economy grew 1.3% in the fourth quarter from a year earlier, slowing from a pace of 2.9% in the third quarter.

    The International Monetary Fund expects the UAE economy to expand at 2.5% in 2020 as oil producers will be hit by output cuts following the decision by OPEC and non-OPEC producers in December to extend supply cuts.

    The UAE central bank report also said property prices in Dubai fell by 7.0% in the fourth quarter from a year earlier, compared with an 8.2% drop in the previous quarter.

    “The Dubai market continues to exhibit decline in rent due mainly to excess supply,” it said.

    Property group Knight Frank said in a report earlier this month that a total of 62,500 residential units are scheduled to be completed this year in Dubai, the biggest number of new units since 2008.

    For Abu Dhabi, the central bank said residential property prices fell 7.5% in the fourth quarter from a year earlier, moderating from a drop of 8.2% in the third quarter.

    Source: Reuters

  • 1 Mar 2020 14:13 | Anonymous member (Administrator)

    About Flanders Investment & Trade

    Flanders Investment & Trade (FIT) is the economic representation of Flanders abroad, well represented in the major trading nations.

    As a trade promotion agency we bring buyers into contact with Flemish producers. At the same time we help Flemish companies with their export plans.

    Our services are also focused towards providing advice and guidance to companies with an investment project in Flanders.


    Job description

    Flanders Investment & Trade (FIT) is looking for an Assistant to the Economic & Commercial Attaché (M/F) for its office in Dubai. You will be responsible for assisting the Attaché in the execution of his/her tasks. We’re looking for an enthusiastic and eager colleague who wants to be part of a small, focused team in a high-energy environment.

    • Pro-active information gathering and screening;

    • Answering of questions received by Flemish or local companies;

    • Prepare individual prospection trips of Flemish companies;

    • Desk top research and preparation of market studies;

    • Writing proposals to companies and answering questions about doing business in Flanders;

    • Regular telephone contacts with potential and existing contacts;

    • Organization of special projects and activities, especially in view of EXPO 2020;.

    • Participation in relevant trade shows and meetings with potential partners;

    • Database management;

    • Accounting;

    • Respond to email and phone inquiries;

    • Coordination with internal and external partners:

    • Keeping of office agenda;

    • Filing;

    • Administrative tasks.


    Skills and experience

    • Bachelor Degree, preferably in Commerce, International Business or similar;

    • Several years of experience in an international environment;

    • Knowledge of MS Office Suite, CRM , and Online Media;

    • Excellent communication skills;

    • Fluency in English, knowledge of Dutch and/or Arabic an important feature;

    • Ability to manage a wide variety of tasks and meet deadlines;

    • Comfortable interacting with ability to quickly forge professional relationships.


    Selection Procedure

    • Candidates should send a motivation letter, CV and salary expectations to the address mentioned below;

    • FIT will only contact applicants selected to go into the interview phase of the selection process;

    • One or more interviews will be held and could contain a written assignment;

    • All candidates invited for interview(s) will receive feedback at the end of the selection process.


    What we offer

    • A fixed full time contract, starting 1 April, 2020

    • A competitive salary package;

    • Open, informal and multinational working environment;

    • 2 days of vacation per month between 6 months and 1 year service. 30 days afterwards.

    IMPORTANT: FIT will not be able to sponsor a (working) visa for the UAE

    Please email motivation letter, CV and salary expectations to: kris.put@fitagency.com
    Application deadline: 15th March 2020

  • 26 Feb 2020 14:11 | Anonymous member (Administrator)

    ABU DHABI, 25th February, 2020 (WAM)—The Emirates Diplomatic Academy, EDA, in collaboration with BeNeLux Business Council in Abu Dhabi, yesterday welcomed the ambassadors of leading European nations for an insightful discussion on economic diplomacy, titled ‘The New Frontiers of Economic Diplomacy’.

    Held at EDA, the stimulating panel discussion drew the participation of Elisabeth Cardoso, Ambassador of Luxembourg to the UAE; Lody Embrechts, Ambassador of the Netherlands to the UAE; Antonio Álvarez Barthe, Ambassador of Spain to the UAE; as well as Massimo Baggi, Ambassador of Switzerland to the UAE.

    Speaking on the success of the event, Bernardino León, Director-General of EDA, said, “We are immensely proud to have been able to host a remarkable line-up of ambassadors representing the great nations of Europe at our Academy. The discussion offered the audience keen and relevant insights on the importance of diplomatic relations in strengthening the economic might of nations, particularly so in an increasingly polarised 21st-century landscape.”

    He added, “Economic diplomacy plays a key role in influencing policy decisions of governments and international organisations. It is thus imperative that we, as a world-class diplomatic academy, turn the spotlight on the dynamic role that diplomacy plays in strengthening economies, and even more so, strengthening bilateral relations between nations.”

    For her part, Barbara Farahnick-Mathonet, Chairwoman of the BeNeLux Business Council, said, “The world economy has been undergoing a dramatic shift from the tripolar era centred on the United States, Europe and Japan through the 1990s, to a more multipolar age, including notably China or India. From relatively peaceful times, economic tensions or wars have emerged leading to new frontiers of economic diplomacy. Challenges are numerous, but failure is not an option and would put the economic welfare at risk. With expo 2020 around the corner, our distinguished panel will help us to better understand the situation.”

    As the premier diplomatic educational centre in the region, EDA combines academic programmes, training, research and analysis to consolidate the UAE’s leading role in international relations. The panel discussion was the latest in a series of talks headlined by
    distinguished speakers. In line with its mandate to qualify the UAE’s future diplomatic corps and offer thought leadership on international affairs, the Academy routinely hosts discussions on pertinent regional and global topics.

    WAM/Tariq alfaham/MOHD AAMIR

  • 3 Feb 2020 14:41 | Anonymous member (Administrator)

    FrancoFilm Festival Set For

    28 February – 7 March, 2020

    Abu Dhabi, UAE: Jan 21, 2020

    Created a decade ago, FrancoFilm festival aims at celebrating the French language through cinema. In the framework of the “Month of Francophonie” that is celebrated every year in March worldwide, cinema represents a powerful medium to celebrate the French language
    and its diversity.

    Today, FrancoFilm festival becomes an even more important rendez-vous locally since the UAE have been granted associate member status at the International Organization of La Francophonie (IOF) during the last the Francophonie Summit in Erevan in 2018. Moreover, 2020 marks the 50th anniversary of the International Organization of La Francophonie.

    During the past editions of FrancoFilm, francophone countries represented in the UAE have gathered their forces to propose an original selection of movies, while exploring new avenues and collaborations in the world of cinema.

    Echoing the “Season of African Cultures in France”, this year’s film line-up tends to explore the diversity of cultures in Africa and the common heritage of humanity, through documentary, action, comedy, animation and drama movies.

    The tenth edition of FrancoFilm festival is scheduled to take place in two separate venues: cinema Akil in Dubai and Edition Hotel in Abu Dhabi.

    The screenings in both venues ones are subject to regular ticketing.

    All non-English movies will have English, Arabic or French subtitles.

    Interested parties can find the film festival program or purchase tickets by visiting http://www.cinemaakil.com/ and http://institutfrancais-uae.com/

    Box office hours vary between venues. Patrons are encouraged to collect booked tickets 15 minutes prior to the session to avoid queues.

    About the organizers

    Cinema Akil is an independent cinema platform that brings quality films from across the world to the audiences in the UAE. Showcasing directors and filmmakers across the decades, Cinema Akil aims to create awareness and interest in film and the cinematic arts. Launched in 2014 as a nomadic cinema, Cinema Akil has held over 60 pop-up cinemas attracting over 35,000 attendees in Dubai, Abu Dhabi and Sharjah. In September 2018, Cinema Akil opened its first permanent location in Al Quoz, Dubai making it the GCC’s first arthouse cinema. Cinema Akil’s flagship home is brought to you in partnership with Alserkal Avenue. Cinema Akil is a member of the Network of Arab Alternative Screens (NAAS) which includes members from the MENA region such as Metropolis in Beirut, Zawya in Cairo and Cinematheque du Tangier in Morocco. Follow us into the dark

    www.cinemaakil.com // Facebook
    - Cinema Akil // Twitter - @CinemaAkil // Instagram - @CinemaAkil

    #fortheloveoffilm
    #followusintothedark #cinemaakil #alserkalavenue #dubai #uae

    The Institut français in the United Arab Emirates is the cooperation and cultural department of the French Embassy. It is responsible for promoting French creation, thought and language, as well as fostering bilateral exchanges and cultural, artistic, educational, academic and scientific partnerships between France and the UAE. It follows the cultural and educative aspects of the French-Emirati strategic dialogue.

    It is involved in a vast range of activities. It organizes cultural events in various fields such as visual arts, performing art, cinema and debates. It supports the French cultural and educative institutions, as well as cultural and creative industries in their development projects in the UAE.

    The year of the “French-Emirati Cultural Dialogue” celebrates the historical ties of friendship and cooperation between France and the United Arab Emirates, established upon the foundation of the Federation in 1971 and growing stronger ever since.

    About the “French-Emirati Cultural Dialogue”

    The “French-Emirati Cultural Dialogue” was born with the signing of a new cooperation agreement between France and the UAE on November 9, 2017, on the occasion of the visit of Emmanuel Macron, President of the French Republic, to Abu Dhabi and Dubai. This initiative aims to celebrate the friendship between France and the United Arab Emirates and to expand the scope of our exchanges and encounters in France
    between our two peoples.

    For more information, contact Mrs. Zohra AIT EL JAMAR, Regional audiovisual attaché (+971 50 104 3121)

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