The Treasury Department’s Office of Foreign Assets Control on Monday imposed the sanctions on UAE-based Blue Cactus Heavy Equipment and Machinery Spare Parts Trading for providing support to the …
UAE delegation tours Tawazun Industrial Park as country aims to boost industrial ecosystem
A delegation from several UAE ministries toured the Tawazun Industrial Park and the Tawazun Economic Council in Abu Dhabi on Monday. The visit came as part of a series of tours conducted by the …
DNA Explainer: Does India need to panic after the death of Kerala youth who tested positive for monkeypox in UAE?
Monkeypox is a viral zoonosis a virus transmitted to humans from animals with symptoms similar to small pox although clinically less severe …
Dubai population is expected to reach 5.8 million in 2040
In 1970 the population of Dubai reached 73,000, and in 1980 the number reached 254,000. In 1990 the population of the emirate was 473,000, in 2000 it reached 907,000, while in 2010 it reached 1.8 …
UAE: All you need to know before and after buying property in Dubai
Property is the most sought-after sector for local and foreign investors, pumping billions of dirhams every year to earn strong return on their investments. Over the years, Dubai has really …
Why this Lebanese expat quit his family business to start a new type of online portal in the UAE
Despite being the third generation in a family of entrepreneurs, Moustafa Banbouk, a Lebanese national in his mid-50s, recalls how his parents never raised his pocket money allowance as a lesson in …
Dubai’s Department of Finance launches 2026 strategy
Dubai: The Dubai government’s Department of Finance launched a strategic plan for the year 2026, on Monday. The new strategy aims to achieve a set of objectives associated with the Dubai Strategy 2030 …
UAE announces 1,088 new COVID-19 cases, no deaths in last 24 hours
ABU DHABI. KAZINFORM – The Ministry of Health and Prevention (MoHAP) announced that it conducted 162,695 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing …
UAE T-bonds oversubscribed 5.1 times in third auction
The strong demand witnessed through the six primary bank dealers was across both tranches with a final allocation of Dh750 million for the 2-year tranche and Dh 750 …
UAE renews anti-money laundering vow amid growing payments sector
Licensed financial institutions (LFIs) must comply with the central bank’s requirements in a month UAE renews anti-money laundering vow amid growing payments sector anti-money laundering (AML), …
UAE: How Dubai population grew by 165 times in 70 years
According to data available on the Dubai Statistics Centre, the current population in Dubai stands at over 3.5 million. The Emirate’s population increased by over 100,000 since …
Bethell eyeing Dubai campaign for Regional
Ed Bethell could be looking forward to a winter in Dubai with Regional, following the bargain-buy’s fast-finishing third in the Stewards’ Cup on Saturday.
Dubai Department of Finance launches 2026 strategy
The new strategy aims to achieve a set of objectives associated with the Dubai Strategy 2030 project, it said. “We appreciate and value the achievements made by all organisational units during the …
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Third auction of UAE Treasury Bonds continues to achieve exceptional results
ABU DHABI – The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, has …
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Dubai’s Department of Finance launches strategic plan to strengthen financial stability
The emirate is among the fastest growing business and financial hubs in the Middle East. . Dubai’s Department of Finance has launch …
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UAE Central Bank issues new guidance on anti-money laundering, combating financing of terrorism
The Central Bank of the UAE (CBUAE) has issued a new guidance on anti-money laundering and combating the financing of terrorism (AML/CFT) for its licensed financial institutions (LFIs) on the risks …
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Central bank of UAE issues new AML guidance on risks related to payments
The guidance, which comes into effect on Monday, will assist LFIs’ understanding of risks and effective implementation of their statutory AML/CFT obligations, and …
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