DUBAI / WAM The Dubai Financial Market (DFM) on Tuesday officially launched its new subsidiaries, Dubai Clear and Dubai CSD. Dubai Clear is the region’s first independent company central counterparty (CCP) for equity clearing, and Dubai CSD is the UAE’s first independent central securities depository (CSD) company. To celebrate the official launch of the two new companies, the DFM organised ...

Abu Dhabi / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, and Krasimir Karakachanov, Minister of Defence of Bulgaria, have discussed cooperation relations between the two countries. In a telephone call on Tuesday, the two sides also reviewed the latest development of Covid-19 outbreak and the importance of coordinating and unifying efforts to curb its impact. ...

ABU DHABI / WAM In line with the Ministry of Health and Prevention’s plans to increase the number of Covid-19 tests throughout the country for the early detection of infections, particularly among those who had contact with already infected cases, the ministry has conducted 25,000 additional tests. Testing resulted in the detection of 541 new cases among various nationalities, bringing ...