Month: August 2022

Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), affirmed that the UAE has a major, important and pivotal role in securing oil supplies around the world, as it is one of the world’s largest oil produc…

Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) announced the launch of the most beautiful photography contest that reflects the theme of its upcoming edition, “Sustainability and Heritage … A Reborn Aspiration”.The contest express…

Brokerage companies in the Dubai Financial Market added 20,552 new investor accounts in the first seven months of 2022.The market also witnessed significant momentum since the announcement of the listing of 10 governmental and semi-governmental compani…

The Central Bank of the UAE (CBUAE) has announced that the gross banks’ assets, including bankers’ acceptances, rose to AED3,442.7 billion at the end of May 2022, an increase of 2.9 percent, compared to AED3,344.8 billion at the end of April 2022.In it…

Chimera Capital, an Abu-Dhabi-based investment management firm and subsidiary of Chimera Investment, announced today the launch of the Chimera S&P Turkey Shariah ETF (Bloomberg: CHTRSHIN). The fund is a physical, in-kind, liquid…

The Central Bank of the UAE (CBUAE) has issued a new guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) for its licensed financial institutions (LFIs) on the risks related to payments.The guidance, which comes into ef…

Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, Founder and CEO of Alliances for Global Sustainability, today met with key figures at the London School of Economics and Political Science (LSE) to discuss collaborative efforts in the advancement of cl…

The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, has announced the results of the third auction of the Treasury Bonds progra…