Recent Posts

Tawazun increases pavilion space by 74% at Idex 2021

Abu Dhabi / WAM Tawazun announced its participation at the International Defence Exhibition and Conference (Idex 2021) and the Naval Defence and Maritime Security Exhibition (Navdex 2021) held from the February 21-25 at the Abu Dhabi National Exhibition Centre (Adnec). Tawazun Economic Council had previously signed an agreement with Adnec to become the Principal Partner of this edition of Idex ...

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Hub71 attracts over 100 startups in two years

Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, has selected more than 100 tech startups to join its growing community, raising AED 185 million (USD 50.4m) in capital for the new businesses since its launch in March 2019, demonstrating the strong appeal of the UAE’s capital city among entrepreneurs worldwide. Under the patronage of HH Sheikh Khaled bin ...

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CBUAE fines exchange house AED504,000

ABU DHABI / WAM The central bank of the UAE (CBUAE) imposed a financial sanction on an exchange house operating in the UAE, pursuant to Article 14 of the Federal Decree Law No. 20 of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations. The exchange house has a weak anti-money laundering and combating ...

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