Recent Posts

DEWA, General Electric discuss closer relations

Dubai / WAM Saeed Mohammed Al Tayer, Managing Director and CEO of the Dubai Electricity and Water Authority (DEWA), received a senior delegation from General Electric (GE). The meeting is part of DEWA’s keenness to enhance cooperation with international companies in order to share best practices and developments in the energy sector, particularly in clean and renewable energy The delegation ...

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MBZ Fund to support Jamaican plant research

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), ...

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DFM issues fresh regulations for Repo and Murabaha transactions

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 ...

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