Recent Posts

ADGM welcomes digital banks applications

ABU DHABI / WAM The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has announced local and global applications to establish digital banks in its International Financial Cen-tre based in Abu Dhabi as digitalisation has led to a rap-id transformation of the banking industry. This initiative comes in response to regional and international enquiries seeking a ...

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ERC launches Eid Al Adha campaign for ’19

ABU DHABI / WAM The Emirates Red Crescent (ERC) launched its Eid Al Adha Campaign for 2019, under the theme, “Eid is on Us,” at its new headquarters in Abu Dhabi. The campaign aims to support needy families by allocating AED5.6 million that will benefit 223,419 people. In his statement to the Emirates News Agency (WAM) Rashid Mubarak Al Mansouri, ...

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Value of gold traded by DGCX reaches AED4.85 trillion

ABU DHABI / WAM The Dubai Gold and Commodities Exchange (DGCX) has achieved considerable success over the past three years, enabling it to attain a leading international stature in the global commodities sector. The value of gold and commodities traded by the DGCX, which is unique in the Middle East, rose to around AED4.85 trillion ($1.32 trillion), according to statistics ...

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