UAE bank transfers hit $412bn in January

The value of transfers executed in the UAE banking sector through the UAE Funds Transfer System (UAEFTS) reached about AED1.512tn ($412bn) in January 2024, according to the latest statistics from the …

UAE: Equiti cracks down on corporate scam

Dubai-based brokerage Equiti Group is working closely with regulators to crack down on an unlicensed company “EQUIITi” that impersonated the firm to scam investors. “As an established brand in the …