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Dubai, UK trade reaches AED21.5 billion in 2020

DUBAI / WAM The implementation of Brexit and the following consequences on trade, travel and security were the main highlights of the meeting that took place between Dubai Customs and its British counterpart. During the online meeting, Ahmed Mahboob Musabih, Director-General of Dubai Customs, confirmed to Bill Williamson, Director of British Customs, that Dubai Customs will provide all what is ...

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FAB acquires Egypt FRA custody license

ABU DHABI / WAM First Abu Dhabi Bank (FAB) announced it has obtained a custody license in Egypt from the Financial Regulatory Authority, Egypt’s Capital Market regulator. The license will facilitate membership of the country’s central securities depositary, Misr for Central Clearing, Depository and Registry (MCDR), providing the integral function of settlement and clearing of trades executed on The Egyptian ...

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UAE leaders congratulate Italy’s new prime minister

ABU DHABi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a message of congratulations to Mario Draghi on the occasion of his swearing-in as prime minister of Italy. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince ...

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