ADGM’s FSRA Reflects on Significant Growth and Innovation in 2024 Annual Report

Abu dhabi: The Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of the capital of the UAE, has published its 2024 Annual Report, outlining the Authority’s key regulatory achievements and underscoring its commitment to delivering a world-class regulatory environment for financial services. According to Emirates News Agency, the report reflects on a year during which the FSRA advanced its objectives and regulatory priorities significantly, particularly in ensuring that its regulatory framework remained aligned with international standards and the critical area of financial crime prevention. Innovation remained a central focus in 2024, especially in the area of digital

Continue Reading ➜

Hamdan Bin Mohammed Launches ‘Dubai Mallathon’ to Transform Shopping Malls into Fitness Hubs

Dubai: H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Executive Council of Dubai, today launched Dubai Mallathon, a community-driven initiative aimed at promoting public health by encouraging all members of society to engage in daily physical activity during the summer. According to Emirates News Agency, the initiative is set to transform shopping malls across Dubai into organised health and fitness tracks during morning hours, from 7:00 to 10:00 a.m., from 1 to 31 August. As part of the initiative, dedicated walking and running tracks will

Continue Reading ➜

SCA Takes Decisive Action Against Licensed Company for Misleading Clients, AED5 Million Fine Imposed

Abu dhabi: The Securities and Commodities Authority (SCA) has imposed a record fine of AED5 million on a licensed company and referred the matter to the Public Prosecution, in a decisive move to safeguard market integrity and enforce regulatory compliance. The action follows confirmed violations of anti-money laundering (AML) laws, counter-terrorism financing regulations, and measures related to the funding of illicit organisations. According to Emirates News Agency, an in-depth investigation revealed that the entity in question, in collaboration with an overseas company, engaged in deceptive practices targeting investors within the UAE by falsely suggesting that the foreign company was licensed

Continue Reading ➜

National Human Rights Institution Board Reviews Progress and Initiatives During 17th Meeting

Abu dhabi: The Board of Trustees of the National Human Rights Institution held its 17th regular meeting, chaired by Maqsoud Kruse, Chairperson of the Board of Trustees, with the participation of board members and representatives from relevant government entities, including the Ministry of Foreign Affairs, Ministry of Justice, Ministry of Interior, Ministry of Human Resources and Emiratisation, Ministry of Community Empowerment, and Ministry of Family. According to Emirates News Agency, the meeting discussed several agenda items related to efforts to promote and protect human rights in the country, as well as the progress of initiatives and projects included in the

Continue Reading ➜

Dubai Land Department and Masdar City Sign Landmark Memorandum to Enable Free Zone Companies to Own Properties in Dubai

Dubai: Dubai Land Department signed a memorandum of cooperation with Masdar City, aiming to enable companies and establishments operating in the free zones under Masdar City to own land plots and properties under the freehold ownership system in Dubai, within a clear and comprehensive regulatory framework. According to Emirates News Agency, this step is part of Dubai Land Department’s efforts to enhance the competitiveness of the emirate’s real estate market and expand the investor base by creating new opportunities for free zone companies, in line with the objectives of the Dubai Real Estate Strategy 2033. The MoC was signed by

Continue Reading ➜

Dubai Health Scientists Publish First Arab Pangenome Reference, Marking Milestone for Precision Medicine

Dubai: Scientists at the Mohammed Bin Rashid University of Medicine and Health Sciences (MBRU), the learning and discovery arm of Dubai Health, have published the first Arab Pangenome Reference, marking a major milestone in both regional and global genomic research. According to Emirates News Agency, the study, released in Nature Communications, a leading scientific journal, provides a crucial foundation for advancing precision medicine and personalised healthcare for Arab populations, while also supporting the UAE’s National Genome Strategy, a 10-year initiative launched in 2023 by the Emirates Genome Council to advance personalised, preventive, and precision healthcare through cutting-edge genomic science. The

Continue Reading ➜

ADAFSA Unveils Comprehensive Guide to Abu Dhabi Date Varieties

Abu dhabi: In conjunction with the launch of the 21st Liwa Date Festival 2025, the Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) released the Abu Dhabi Date Varieties Guide, a comprehensive reference for the most prominent date varieties in the emirate. ADAFSA’s pavilion at the festival will promote the guide to help farmers, visitors, and stakeholders know more about palm farming and date production. According to Emirates News Agency, the guide features 61 date varieties classified by their environmental and geographical traits, clarifying varieties suitable for arid regions and others adapted to high-humidity coastal areas. It provides details on

Continue Reading ➜

FANR Wins Global Internal Audit Excellence Award

Abu dhabi: The Federal Authority for Nuclear Regulation (FANR) has received the prestigious Global Institute of Internal Auditors Excellence Award from the Institute of Internal Auditors (IIA) under the Public Sector Leadership category. According to Emirates News Agency, the award was presented during the IIA’s Global Internal Audit Conference held in Toronto, Canada, which brought together over 2,600 internal audit professionals from more than 120 countries. This recognition places FANR among the few organisations from the UAE to be internationally acknowledged for leadership and innovation in internal auditing within the public sector. This global recognition was awarded to the International

Continue Reading ➜

Recent News