ABU DHABI / WAM The first session of the Joint Economic Committee (JEC) between the UAE and the Islamic Republic of Iran was held in Abu Dhabi, chaired by Abdullah bin Touq Al Marri, Minister of Economy, and Mehrdad Bazrpash, Minister of Road and Urban Development of Iran. The session, which was attended by several government officials from both sides, …

DUBAI/ WAM The Dubai Financial Market (DFM) announced the launch of the upgraded stand-alone iVestor App, a digital platform set to offer digital financial management for investors. The iVestor app allows direct subscription in IPOs and Arena opportunities and underscores DFM’s commitment to enhance investment accessibility and efficiency in the region. Moreover, the app provides investors with a convenient snapshot …

SHARJAH / WAM Bank of Sharjah has reported a strong start to 2024, with first-quarter results showcasing a significant increase in net profit to AED80 million. The bank’s robust metrics result from strict adherence to a focused approach to funding, lending, and operational effectiveness. The bank has demonstrated comfortable liquidity, with a customer deposit base of AED26 billion (December 31 …