ABU DHABI / WAM Abu Dhabi Global Market (ADGM), announced it is to implement the Common Reporting Standard (CRS), Regulations in support of the United Arab Emirates’ international obligation in implementing the standards of joint disclosures and the exchange of information for tax purposes set out by the G20 and Organisation for Economic Cooperation and Development (OECD). The CRS Regulations ...

DUBAI / Reuters Dana Gas will lift an injunction it obtained in a UAE court protecting it against claims on $700 million of Islamic bonds to comply with a London court order, a source with knowledge of the matter said. But Dana believes a stay on proceedings in Sharjah will still permit it to resume its legal action there, if ...

DUBAI / WAM Emirates will increase the frequency of flights between Dubai and Khartoum from five to seven a week starting August 8. As with Emirates’ current flights between the two cities, it will also operate a Boeing 777 on the additional services, offering customers a choice of cabins with 8 luxurious private suites in First Class, 42 lie-flat seats ...