RIYADH / WAM A workshop for the coordinators of the Saudi-Emirati Coordination Council took place in Riyadh, with the attendance of over 70 representatives of government authorities from the UAE and Saudi Arabia. The workshop aims to monitor the progress of the council’s projects and initiatives and prepare for the next meeting of the council’s executive committee, which will again ...

Abu Dhabi / WAM The UAE Banks Federation (UBF), represented by its Compliance Committee, hosted a seminar in association with CCL Academy, on the Financial Action Task Force (FATF). The session was titled, ‘Implications of the upcoming FATF, Mutual Evaluation and Recent Industry Developments’. The FATF is an inter-governmental body established by the G7 Summit. Its objectives are to contribute ...

Abu Dhabi / WAM A new platform to support high tech startups has launched in Abu Dhabi. The AED520 million ($141.5 million) ‘Hub71’ launched on Sunday by His Highness Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, and Chairman of the Executive Committee. His Highness also announced a new AED535 million fund, to ...