ABU DHABI / WAM The central bank of the UAE (CBUAE) has issued a new regulation covering licensing, prudential and conduct requirements for specialised banks. Specialised banks are licensed under the CBUAE’s new regulation and are allowed to practice different financial activities to serve the local community, such as account opening, card issuance, and retail and wholesale lending. Specialised banks ...

ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, stated that despite the exceptional circumstances that the whole world is going through due to the Covid-19 pandemic and the precautionary and preventive measures imposed by the pandemic, the UAE workers were and are still in the hearts and minds of “our wise leadership”, and ...

Dubai / WAM Since its inception in May 2017, Area 2071, the innovation ecosystem of Dubai Future Foundation (DFF), hosted more than 780 physical and over 80 virtual events, including conferences, forums, workshops and interactive sessions, attracting more than 26,000 participants from around the world. The ecosystem has also organised many innovation programmes, including ones from TechStars and Microsoft, and ...