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Dubai Customs records 2.6mn Q1 transactions

DUBAI / WAM Dubai Customs announced an 8.5 percent increase in customs transactions for the first quarter in 2019. Customs transactions grew to 2.6 million from 2.4 million in the same period of 2018. According to Dubai Customs, if this momentum is kept up, the customs authority is expected to reach 10.5 million transactions by year-end compared to 9.6 million ...

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First-of-its-kind coral reef garden project launched in Fujairah

Dubai / Emirates Business The Ministry of Climate Change and Environment (MOCCAE) on Saturday launched the Fujairah Cultured Coral Reef Gardens, the largest project of its kind in the UAE, in collaboration with Fujairah Municipality, Dibba Fujairah Municipality and the Fujairah Adventures. In line with the Ministry’s strategy to protect the UAE’s biodiversity and ensure its sustainability, the project is ...

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ADX signs MoU to implement blockchain in trading and capital market transactions

Adx 1 copy

MARRAKESH / WAM Abu Dhabi Securities Exchange (ADX), has taken part in the fifth edition of the World Forum of Central Securities Depositories (WFC). The forum in Marrakesh, Morocco, hosted about 20 meetings and workshops, managed and presented by over 40 experts and specialists in financial markets. Held every two years, the forum tackles a range of issues related to ...

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