ABU DHABI / WAM The Financial Services Authority (FSRA) of Abu Dhabi Global Market (ADGM) on Tuesday announced the implementation of amendments to its regulatory framework for digital assets, with immediate effect. The implementation of these amendments follows extensive industry engagement and feedback received on Consultation Paper No. 11 of 2024. The focus of the implemented amendments is on revisions …

DUBAI / WAM Nasdaq Dubai on Tuesday welcomed the listing of a US$500 million Additional Tier 1 (AT1) Sukuk issued by Sharjah Islamic Bank (SIB). The perpetual, non-call six-year AT1 Capital Certificates were issued by SIB Tier 1 Sukuk IIND Ltd and are compliant with Basel III regulations. The issuance attracted strong interest from both regional and international investors, providing …

MOSCOW / WAM Evgeny Kozlov, Chairman of the Moscow City Tourism Committee, confirmed that the Russian capital witnessed a notable rise in the number of tourists arriving from the UAE, with 62,100 visitors in 2024 compared to 18,000 in 2019. In statements to the Emirates News Agency (WAM), Kozlov highlighted the tourism offerings available in Moscow, especially those tailored for …