Tag: Dubai

UAE’s AML/CTF Executive Office hosts FATF training workshop in Abu Dhabi

The UAE's Executive Office of Anti-Money Laundering and Counter Terrorism Financing (EO AML/CTF) hosted a joint Financial Action Task Force (FATF) and MENAFATF workshop...

Significant fluctuations in online payment transactions across various sectors following recent severe weather conditions in the UAE

Checkout.com data tracks notable changes in consumer payment transactions during the week 47% increase in airline online payment transactions, and 11% increase in hotel and...

Emirates Islamic concludes debut US$500 million financing facility

Emirates Islamic has announced the successful conclusion of its debut US$500 million syndicated Financing Facility. The landmark three-year term financing facility is the first of...

Dubai Investments shareholders approve 12.5% dividend

Dubai Investments has announced the distribution of 12.5 per cent cash dividend to the shareholders for the financial year ending December 31, 2023. The group...

UAE Records $25B in Crypto Transactions, Promotes Further Investment With Regulatory Flexibility

The United Arab Emirates (UAE) recorded $25b in crypto transactions in 2022. Now, it is adopting accommodative regulatory policies to pursue further investment, according...

Ducab Group amplifies international standing by operating in 75 countries

Ducab Group has revealed its strategic expansion into 20 new markets, bringing its geographic footprint to 75 countries. Leveraging 44 years of pioneering achievements, Ducab...

Dubai Chamber of Digital Economy explores private sector empowerment, impact of advanced technology on economic growth

DUBAI, 4th April, 2024 (WAM) -- Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, recently organised a networking...

Dubai: Empower approves Dh425 million dividends to shareholders

The annual general meeting (AGM) of the Emirates Central Cooling Systems Corporation PJSC (Empower) has approved its board of directors’ proposal to distribute cash...

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UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed...

SEBI board to consider reintroducing open-market window for buybacks tomorrow

A key proposal before the board is to reintroduce...

BMW cuts 2026 profit margin outlook over China slowdown, Middle East costs

German luxury carmaker BMW Group revised down its 2026...