Regulation, Risk & Compliance

FinTech

Regulating crypto assets continues to be a tough feat

March 1, 2022

The introduction of any innovative technology always comes with numerous challenges. Technological innovations such as blockchain, artificial intelligence and machine…

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Hedge Funds & Alternative Investments

Dubai consultancy founder Nigel Sillitoe gets 10-year UAE Golden Visa

March 1, 2022

Dubai-based Insight Discovery consultancy CEO and founder Nigel Sillitoe has been granted a 10-year Golden Visa by the UAE.   …

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Regulation, Risk & Compliance

Brookfield to buy 60% of First Abu Dhabi Bank’s payment arm

March 1, 2022

Brookfield Asset Management signed an agreement to buy 60 per cent of the payments business of First Abu Dhabi Bank …

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Financial Results

First Abu Dhabi Bank to distribute $2.1bn dividends for 2021

March 1, 2022

First Abu Dhabi Bank , one of UAE’s leading banks, has approved the dividend distribution of 70% of paid-up capital…

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Regulation, Risk & Compliance

Looming FATF Decision on Dirty Money List Poses Risks for UAE

March 1, 2022

A global financial crime watchdog will decide this week whether the United Arab Emirates has made enough progress to avoid…

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FinTech

DIFC introduces AI and coding licence

March 1, 2022

Dubai International Financial Centre (DIFC) has announced the launch of a ground-breaking Artificial Intelligence (AI) and coding license, in cooperation…

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Hedge Funds & Alternative Investments

Joint cooperation agreement signed between UAE and Saudi Arabia in Internal Auditing

February 28, 2022

The UAE Internal Auditors Association and Saudi Internal Auditors Association have signed a cooperation agreement to jointly work the Internal…

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Hedge Funds & Alternative Investments

ADGM Academy and Mashreq team up to develop banking education hub

February 28, 2022

Abu Dhabi Global Market Academy, the education arm of the UAE capital's financial free zone, joined forces with Mashreq, the…

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Comment & Analysis

The crypto oasis: How the UAE became the Middle East’s digital asset champion

February 25, 2022

The United Arab Emirates is reportedly getting ready to start issuing federal licenses for virtual asset service providers (VASPs) by…

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Regulation, Risk & Compliance

Lebanon central bank extends unlimited sale of dollars to banks until end-March

February 24, 2022

Lebanon's central bank on Wednesday extended a circular allowing banks to purchase dollars with no ceiling via the bank's Sayrafa…

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Regulation, Risk & Compliance

Dubai’s Mashreq Bank could sell its payments business – and it may not be the only one

February 24, 2022

Mashreqbank is exploring a sale of its payments business in a deal that could value the division at around $500…

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Hedge Funds & Alternative Investments

UAE's Emirates Development Bank, DIB sign deal to boost SME financing

February 23, 2022

The state-run Emirates Development Bank (EDB) has signed a deal with UAE lender Dubai Islamic Bank (DIB) to set up…

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