UAE replies to ED’s LR details request
Around two years after it was sent a judicial request, Letters Rogatory, United Arab Emirates authorities have finally provided the…
Regulation, Risk & Compliance
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UAE Banks Federation’s Board of Directors Approves Key Initiatives and Priorities for 2018
The Board of Directors of the UAE Banks Federation held its first meeting of the year on Monday, 26 March…
The Edge-Citigold Wealth Forum 2018: European and Japanese equities look appealing
European and Japanese equities are looking attractive as their economies are recovering and their currencies are expected to appreciate against…
Investors take legal action against Dubai financial adviser
Investors who claim to have lost hundreds of thousands of pounds in investment schemes run by an unlicensed financial adviser…
UAE- Why new Eibor system is a win-win
The new Eibor system, which is expected to be introduced by the middle of next month by the UAE Central…
Emirates NBD closes in on Turkey's Denizbank despite Gulf row
Emirates NBD could agree to buy Turkey’s Denizbank within weeks, sources said, after intense lobbying by the Turkish bank to…
Central Bank’s total foreign assets near Dhs339.81b
The UAE Central Bank’s total foreign assets surged to an equivalent of Dhs339.81 billion during February, a growth of 4.2…
‘Bahrain committed to ensure ideal business climate’
Bahrain is committed to continuing regulatory improvements to streamline the innovation process and ensure the business climate is ideal for…
Private sector cutbacks spark the rise of the UAE gig economy for 100,000 workers
Corporate cost-cutting in the UAE is fuelling a rise in the gig economy, experts have said, as companies look to…
Abu Dhabi combines funds to form $250B SWF
Abu Dhabi is combining two of its investment firms to create a wealth fund with assets of about $250 billion…
Dubai ruler enacts new laws to boost financial hub
Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum has enacted two new laws that aim to improve and expand Dubai…
UAE banks must justify interbank rates under new system
United Arab Emirates banks will be required to provide written justifications for their quotes when they take part in a…