DUBAI / WAM Union Coop, the largest Consumer Cooperative in the UAE, revealed that it expects AED30 million sales in 2019, with more than 60,000 Stock Keeping Units, SKUs, from its web store and online partners. The retail pioneer also listed previous year online sales as AED15.8 million from the web store and online partners, while expecting to outdo themselves ...

RIYADH / WAM A workshop for the coordinators of the Saudi-Emirati Coordination Council took place in Riyadh, with the attendance of over 70 representatives of government authorities from the UAE and Saudi Arabia. The workshop aims to monitor the progress of the council’s projects and initiatives and prepare for the next meeting of the council’s executive committee, which will again ...

Abu Dhabi / WAM The UAE Banks Federation (UBF), represented by its Compliance Committee, hosted a seminar in association with CCL Academy, on the Financial Action Task Force (FATF). The session was titled, ‘Implications of the upcoming FATF, Mutual Evaluation and Recent Industry Developments’. The FATF is an inter-governmental body established by the G7 Summit. Its objectives are to contribute ...