BLOOMBERG South Korea’s benchmark stock index fell, as a jump on November 6 triggered by the nation’s sudden ban on short-selling ran its course. The benchmark Kospi finished 2.3% lower — while the small-cap Kosdaq Index slid 1.8% — after foreign and local institutional investors reduced equities. Kospi had surged 5.7% on November 6, its best performance since March 2020, ...

DUBAI/ GULF TIME Aafaq Islamic Finance, a leading provider of innovative Islamic financial services and products and Al Ansari Exchange, the largest outward personal remittance and foreign exchange company in the UAE, and a subsidiary of Al Ansari Financial Services PJSC [DFM: ALANSARI], has forged a strategic collaboration with Aafaq Islamic Finance, a prominent provider of Sharia-compliant financial solutions. Together, ...

ABU DHABI/ WAM The United Arab Emirates and Bosnia and Herzegovina have taken a significant step towards strengthening bilateral relations with the signing of a memorandum of understanding (MoU) on visa exemption. The MoU, signed on November 6, aims to facilitate and promote travel, trade, and people-to-people exchanges between the two nations. Under the MoU, UAE and Bosnia and Herzegovina ...