DUBAI / Emirates Business Emirates NBD, a leading bank in the region, announced the signing of an agreement to offer clearing services to UAE-based Delma Brokerage, making the brokerage firm, the first non- affiliate Trading Member to sign with the bank. Emirates NBD is currently the first UAE-based financial entity to be approved by ‘SCA – Securities and Commodities Authority ...

ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) appointed the Korea Development Institute (KDI), a Korean think tank, as expert consultant to advise on the need for a UAE-based Export Finance Programme. Mohammed Saif Al Suwaidi, Director-General of ADFD, and Dr Joon-Kyung Kim, President of KDI, signed a cooperation agreement in this regard at Fund’s headquarters. As an ...

DUBAI / WAM A seminar on the use of Blockchain has confirmed that Dubai is moving rapidly to achieve its goal of becoming the first government in the world to adopt the technology by 2020. During the seminar, organised by the Chief Information Officers Majlis, Dan Frankel, Blockchain Technology Consultant at ConsenSys, said that private sector institutions, which will benefit ...