ABU DHABI/WAM The Securities and Commodities Authority (SCA) has imposed a record fine of AED5 million on a licensed company and referred the matter to the Public Prosecution, in a decisive move to safeguard market integrity and enforce regulatory compliance. The action follows confirmed violations of anti-money laundering (AML) laws, counter-terrorism financing regulations, and measures related to the funding of …

SHARJAH / WAM Sharjah Art Foundation announced that Angela Harutyunyan and Paula Nascimento have been appointed as the curators of Sharjah Biennial 17, opening in January 2027. Harutyunyan is Professor of Contemporary Art and Theory, Berlin University of the Arts and Nascimento is an independent curator and architect based in Luanda. Hoor Al Qasimi, President and Director of Sharjah Art …

DUBAI / WAM The Community Development Authority (CDA) in Dubai, in collaboration with the Dubai Culture and Arts Authority (Dubai Culture), has announced the launch of the ‘Zad Rashid’ initiative. Aimed at nurturing a culture of reading among children in Dubai and strengthening their national and linguistic identity, the initiative, among other activities, includes the distribution of 1,000 complete home …