DUBAI / WAM Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia region, on Tuesday confirmed that unprecedented numbers of hedge funds continue to set up in the Centre, boosting Dubai’s reputation as the region’s top location for the industry. Just in the last three months alone, many additional globally renowned …

DUBAI / WAM The UAE’s leadership believes in placing future generations at the heart of government policies, projects and programs to ensure the creation of a better tomorrow, Ohood bint Khalfan Al Roumi, Minister of State for Government Development and The Future, said on Tuesday. Al Roumi said the government’s focus on youth embodies the vision of President His Highness …

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) and the People’s Bank of China on Tuesday signed an agreement to renew the currency swap between the UAE and China and a memorandum of understanding (MoU) to enhance technical and technological cooperation in the development of central bank digital currencies. The signings will enhance the strategic partnership between …