DUBAI/WAM The Dubai Financial Services Authority (DFSA) today reported exceptional achievements for the first half of 2024, highlighting continued growth in the number of authorised firms and its ongoing commitment to fostering a robust and resilient regulatory environment within the DIFC. In H1 2024, the DFSA authorised 61 new firms, marking a 22 percent increase compared to the same period …

ABU DHABI/WAM The Department of Energy – Abu Dhabi (DoE) introduced its regulatory roadmap for the petroleum products sector, with a focus on gas systems in residential, commercial, and industrial establishments, and called on stakeholders to unite in efforts to build safer communities across the emirate. The new regulatory journey was presented to 200 key government and private sector representatives …

ABU DHABI/WAM Aggregate net profits reported by companies listed on GCC exchanges witnessed a healthy year on year (YoY) growth of 5.7 percent during Q2-2024 led by a broad-based growth across most markets in the region. Kamco Investment Company, a regional non-banking financial powerhouse headquartered in Kuwait, in its latest report, stated that the quarter on quarter (QoQ) growth came in at …