BLOOMBERG Meta Platforms Inc, Apple Inc, Alphabet Inc and other companies that offer digital wallets and payment apps would fall under US Consumer Financial Protection Bureau (CFPB) supervision under a newly proposed rule aimed at treating nonbanks more like traditional counterparts. Companies handling more than 5 million transactions per year would be regulated like banks, credit unions, and other financial …

DUBAI / WAM Dubai Electricity and Water Authority’s (Dewa) commitment to sustainable transportation is aligned with the broader goals of the UAE and the Emirate of Dubai. This commitment underscores the nation’s dedication to fostering innovation in renewable energy, clean energy, and sustainability. Consequently, Dewa has prioritised sustainable transport and its advocates within the UAE and globally at the Water, …

ABU DHABI / WAM Noura bint Mohammed Al Kaabi, Minister of State, led the UAE delegation participating in the 6th edition of the Paris Peace Forum, which is being held under the theme “Seeking Common Ground in a World of Rivalry”. The forum was attended by Emmanuel Macron, President of the Republic of France. Al Kaabi and the UAE delegation …