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DFM, Nasdaq Dubai to promote financial literacy

Dubai / WAM The Dubai Financial Market (DFM) and Nasdaq Dubai on Monday hosted a bell ringing ceremony with the participation of the Securities and Commodities Authority (SCA) on the occasion of World Investor Week 2020, an initiative of the International Organisation of Securities Commissions (IOSCO) aiming to promote investors awareness and protection of their rights. Senior officials present during ...

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DoF inks deal with CBUAE to facilitate fee payments

Abu Dhabi / WAM The Dubai Department of Finance (DoF) and Central Bank of the UAE (CBUAE) signed an MoU aimed at facilitating payment of fees owed by consumers of Dubai government entities and to ultimately advance the UAE’s digital transformation strategy for public services. Government entities in Dubai and their customers will now be able to access CBUAE’s direct ...

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Modi’s key economic reforms stall as virus upends India’s economy

Bloomberg India’s delay in appointing a new central bank committee to decide interest rates is just the latest of Prime Minister Narendra Modi’s key economic reforms that are failing to gain traction during the nation’s worst crisis in decades. Three of his major policies — the goods and services tax, a bankruptcy and insolvency law and the Monetary Policy Committee ...

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