ABU DHABI / WAM In a drive to enhance its status on the local and regional level, the Abu Dhabi Securities Exchange (ADX) will introduce a developed version of the Circuit Breaker System (CBS) starting from Thursday. The improvements on the Circuit Breaker System based on the new method, offer many positive features such as the existence of two levels …

DUBAI / WAM Dubai’s inflation rate fell 0.34 percent to 1.9 percent in January, compared to December last year, driven by a drop in transport costs, according to new figures released by the Dubai Statistics Centre. The January inflation rate of the Consumer Price Index (CPI) for the emirate showed that transport cost inflation fell 2.66 percent. Housing and utility …

Dubai / EMIRATES BUSINESS Dubai International Financial Centre (DIFC), the global financial services hub connecting businesses and financial institutions with emerging markets across the Middle East, Africa & South Asia (MEASA), achieved another record year in 2015, was announced on Wednesday. The number of new company registrations at DIFC increased by more than a quarter (27%) compared with 2014, from 242 …