DUBAI / WAM DMCC welcomed Islamic Bank of Afghanistan as the newest member of its DMCC Tradeflow platform, a dedicated online platform for registering possession and ownership of commodities stored in UAE-based storage facilities. The collaboration will enable the bank to carry out Sharia-compliant Murabaha transactions using DMCC platform to take multi-currency trades from across the globe. DMCC Tradeflow has ...

DUBAI / WAM Dubai World Trade Centre (DWTC) events accounted for a record AED12.7 billion ($3.46 billion) in retained value towards Dubai’s economy, equivalent to 3.3 percent of emirate’s GDP in 2017, according to the latest Economic Impact Assessment report released by DWTC. The study estimates the total economic output of DWTC’s large-scale events at AED22.5 billion, an increase of ...

DUBAI / WAM The Federal Competitiveness and Statistics Authority (FCSA) signed an agreement with DP World in Dubai to build a strategic relationship and support the UN World Data Forum 2018. Hosted by the UAE in October 2018, the second edition of the forum will see the participation of more than 1,500 leaders, decision-makers, experts and specialists in the field ...