Browsing: Business
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has approved Binance’s In-Principle Approval (IPA) for the Financial Services Permit (FSP) to operate as a broker-dealer in virtual assets. ADGM, the International Financial Centre in Abu Dhabi,
UAE’s Barakah Nuclear Energy Plant has been recognized as a global success story for tackling climate change through the UAE’s Peaceful Nuclear Energy Programme. The Emirates Nuclear Energy Corporation (ENEC) has now passed the halfway mark for full commercial operation
The Central Bank of Egypt reported a decrease of $3.91 billion in foreign reserves for the first time in 20 months. The Egyptian pound dropped again against the dollar on the black market on 21 July 2016, extending its recent
Jordanian Finance Minister Mohammad Al-Ississ discussed ways to enhance bilateral cooperation in the areas of finance, tax and customs with Saudi Finance Minister Mohammad Al-Jadaan. In the course of the meeting which was held at the sidelines of the Joint
During the financial year 2021, the UAE recorded the highest Gross Domestic Product (GDP) in the region of AED 1.489 trillion, breaking international economic expectations. UAE’s GDP growth rate for the year 2021 exceeded the estimates of analysts and specialized
The Saudi Arabian Mining Company (Ma’aden), one of the fastest-growing mining companies in the world, and Emirates Global Aluminium (EGA) have extended their memorandum of understanding (MoU). In this extension, signed during the recently concluded Expo 2020 in Dubai, the
International Holding Company PJSC (IHC), the Abu Dhabi-based conglomerate, announced that it had signed an AED 7.3 billion (USD 2 billion) Investment Agreement with Indian multinational conglomerate Adani Group, as primary capital in three Adani portfolio companies – Adani Green
EDGE, the region’s leading provider of advanced technology services, ranked among the top 25 in the world, has announced the appointment of Saif Ali Al Dahbashi to the position of Chief Executive Officer (CEO) at AL TAIF, the nation’s leading
The Sultanate of Oman, represented by the Ministry of Finance, presided over the annual meetings of the joint Arab financial institutions as well as the 45th meeting of the Board of Governors of the Arab Monetary Fund (AMF), held in
Dnata announced plans to expand its European footprint by acquiring Germany-based Wisskirchen Handling Services (Wisskirchen). With its entry into the German market, dnata will be able to further consolidate its position as a leading provider of cargo services around the