Abu Dhabi / WAM The Mohamed bin Zayed Species Conservation Fund (MBZ), is to support research into a reassessment of the conservation status of the Mountain Cinnamon, Cinnamodendron corticosum, a flowering plant native to the rainforest of Jamaica, it has been announced. Classified as ‘Vulnerable’ on the Red Data list of the International Union for the Conservation of Nature (IUCN), …

Dubai / WAM Dubai Financial Market (DFM), announced issuing two new regulations that pave the way for market participants to implement both repurchase agreements, Repo, and Islamic Murabaha transactions, in conjunction with the approval given by the Securities and Commodities Authority (SCA). The regulations have been outlined in line with the international best practices as well as in full coordination …

Dubai / WAM The Federal Tax Authority (FTA), closed three commercial establishments for violating its excise tax laws, after an inspection campaign in cooperation with the Department of Economic Development of Dubai, (DED), as part of their joint efforts to limit tax violations. The FTA and the DED investigated cases of tax evasion by commercial businesses after a date was …