Dubai / WAM In his capacity as the Ruler of Dubai, Vice President and Prime Minister, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued Law No. 10 of 2017 regarding the Zayed bin Mohammed Family Gathering. Sheikh Mohammed also issued Decree No. 22 of 2017 appointing HRH Princess Haya bint Al Hussein as Chairman of the Board of …

Dubai / WAM Cases of IT-based frauds are increasing in organisations, raising concern among corporate houses and external key stakeholders on ways to detect and prevent such incidents, as companies have reported significant losses. Companies should hire the “right people with integrity and competency” to detect and prevent fraud, Abdulqader Obaid Ali, President, UAE Internal Audit Association, told CIOMajlis a …

Dubai / Emirates Business Noor Bank, a leading Shari’a-compliant bank in the UAE, has won the Innovator in Islamic Finance 2017 award in the Process Innovation category from the New York-based Global Finance magazine. The award recognised the bank’s single-risk credit insurance structured finance solution for large corporate relationships. Speaking about the win, Ehsaan Ahmed, Head of GTS and Corporate …