The United Arab Emirates central bank sees increased risks of illicit financial flows emerging from the COVID-19 pandemic, including money-laundering and terrorism financing, it said in a report …
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OCI, Adnoc push ahead with IPO of fertiliser venture
Investors could be offered around a 10 percent to 15 percent stake in Fertiglobe through the IPO, according to sources …
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Central Bank of UAE identifies new COVID-19 financial sector risks
This report is part of our ongoing efforts to address money laundering and terrorist financing-specific trends and typologies emerging from the COVID-19 pandemic in the financi …
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UAE, UK sign climate action agreement
The UAE and the UK have agreed to strengthen their cooperation to accelerate climate action and environmental protection.The two countries signed a memorandum of understanding (MoU) on Saturday, ahead …
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UAE-UK partnership for the future
Shaikh Mohammad UK visit cements new partnership between the two nations The UAE and the UK have been friends and partners for close to five decades. The ties between our homeland and the UK are …
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UAE: Driving net-zero aspirations with public-private partnership support
However, sustainable reform requires further progression, with continuous effective and efficient activities dependent on the potential of a vital component blossoming at the national level – …
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Capital University College launches specialised MBAs in Marketing, Finance and Human Resource Management
Capital University College has been operating in the UAE since 1998 and is committed to serving the needs of the ever-enthusiastic students and working professionals alike. The university is pleased …
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UAE, UK launch new partnership to counter illicit financial flows
The UK and UAE will ramp up the targeting of those financing terrorism and serious and organised crime gangs as part of a landmark new partnership. The new agreement was signed by UK Home Secretary …
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UK-UAE sign pact to tackle illicit finance
The agreement aims to ensure that the UAE and UK are able to work more closely together to tackle the shared global challenges.
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Saudi developer hires BMG for largest IPO on Nomu at $266mln
The Jeddah-based developer has real estate projects in several industries, including entertainment, medicine, and hospitality …
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UAE, UK announce ‘Partnership for the Future’, new era of bilateral ties
Nahyan, Crown Prince of Abu Dhabi, has made a historical visit to the British capital as the UK and UAE announce a new era in …
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British PM says UK, UAE will be at forefront of ‘industries of the future’
Boris Johnson hails role of both countries in tackling issues such as climate change after signing Partnership for the Future with the UAE …
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Dubai banking major Mashreq launches Shanghai office amid China push
Shanghai representative office will serve as a liaison office, with the primary objective of building Mashreq’s franchise in mainland China …
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UAE, UK agree ambitious ‘Partnership for the Future’
The leaders agreed to establish a new, ambitious Partnership for the Future that will strengthen the historic relations that the two countries share. The new partnership will build on this history, …
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‘UAE central bank working to replace interbank rates’
Because of scandals with Libor, you want to show a comparative rate,” said the same source. The UAE central bank, which administers EIBOR, did not respond to requests for comment. Libor contracts are …
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World Bank battles integrity issues, discontinues Doing Business reports
The World Bank Group announced on Thursday that it was discontinuing the ‘Doing Business report’ after data regularities were discovered in its Doing Business 2018 and 2020. In an investigation of …
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Saudi Telecom’s tech business prices IPO at top of range
Arabian Internet and Communications Services Co is set to raise 3.6 billion riyals ($960 million) in its initial public offering (IPO) after pricing the deal at the top of an indicative range, the …
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