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Posted on 17/11/2021

Central Bank issues new guidance on AML/CFT for exchange houses

The guidance, which came into effect immediately, requires licenced exchange houses to demonstrate compliance with its requirements within one month …
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Posted on 17/11/2021

Israel eyes U.S., UAE-backed climate projects with Jordan

Israel is exploring shared climate projects with Jordan, the United Arab Emirates and the United States, Israel’s Energy Ministry said on Wednesday, adding that the countries would sign a joint …
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Posted on 17/11/2021

Central Bank of UAE issues new guidance on anti-money laundering measures

New set of guidelines aimed at licenced exchange houses comes into effect Abu Dhabi: The guidance, which comes into effect immediately, will assist LEH’s understanding of risks and effective …
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Posted on 17/11/2021

Israel, UAE launch talks on free trade agreement

Israel and the United Arab Emirates (UAE) on Tuesday began negotiations to reach a free trade agreement, the Israeli Ministry of Economy said in a statement.
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Posted on 17/11/2021

Accelerate your future at Dubai’s largest UK university

Maaz Shaikh started university in Mumbai in September 2018 but something didn’t feel right. “I didn’t like the teaching, which prompted me to look for other options,” he said. Maaz settled on a BA in …
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Posted on 16/11/2021

READOUT: Deputy Secretary Adeyemo Meets with Banking Leaders in United Arab Emirates

Deputy Secretary of the Treasury Wally Adeyemo met with members of the UAE Banks Federation to discuss economic opportunities, money laundering and illicit finance. He shared that a major focus of the …
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Posted on 16/11/2021

United Arab Emirates a go-to offshore haven for Africa’s political and business elite, leaked records show

The UAE’s record on illicit finance raises concerns for its relationship with the world’s poorest continent, experts say.
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Posted on 16/11/2021

Jersey Finance makes ‘real commitment’ in new agreement with DIFC

Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.
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Posted on 16/11/2021

Connected experiences, the future of banking and finance in the UAE

The connected banking paradigm is going to pay rich dividends, pandemic or no pandemic. Connected experiences, the future of banking and finance in the UAE. contactless payments, digital banking, …
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Posted on 16/11/2021

Majority of UAE consumers prefer banks that put purpose over profits, report finds

About 76 per cent of customers in the UAE prefer banks that put purpose over profits, according to a report by cloud banking platform Mambu.Thirty-four per cent of the country’s banking customers are …
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Posted on 16/11/2021

Emirates Development Bank, Dubai Industries & Exports sign strategic pact to boost industrial growth, exports

Dubai: Emirates Development Bank [EDB], a key financial enabler of the country’s economic diversification and industrial transformation agenda, has s …
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Posted on 15/11/2021

Dubai rolls out Dh1b Future District Fund

The fund seeks to support emerging companies in the technology sector and encourage successful digital companies to list in Dubai’s financial markets …
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Posted on 15/11/2021

Maktoum bin Mohammed tours Dubai Airshow 2021 exhibition

Dubai Airshow is the first major aviation industry event held Dubai: . Sheikh Maktoum visited the UAE Space Agency’s stand, where he was briefed by Sarah bint Yousif Al Amiri, UAE Minister of State …
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Posted on 15/11/2021

UAE’s MoIAT launches`Make it in the Emirates Lab’ for SMEs

UAE’s Ministry of Industry and Advanced Technology (MoIAT) has launched the Make it in the Emirates Lab, a new public-private initiative that delivers corporate training to small and medium-sized …
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Posted on 15/11/2021

Can certain hedge fund strategies enhance the 60/40 portfolio?

With investors questioning the portfolio diversification benefits of bonds, we look at whether some hedge fund strategies may offer an alternative.
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Posted on 15/11/2021

Dubai hits near 4-year high after Emaar’s strong earnings

Dubai’s stock market outperformed its Gulf peers on Monday, hitting its highest level in nearly four years, after robust earnings from blue-chip developer Emaar Properties. Meanwhile, the Saudi index …
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Posted on 15/11/2021

How you can apply for five-year UAE tourist visa through typing centres

Dubai: If you regularly visit the UAE, applying for the multiple entry tourist visa may be an option you are considering. Announced earlier this year, the five-year multiple entry tourist visa will …
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