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UAE issues new law to enhance monetary policy performance

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has issued Federal Decree-Law No. 14 of 2018 regarding the ‘Central Bank and Organisation of Financial Institutions and Activities’. The provisions of this law does not apply to the Financial Free Zones in the State and the financial institutions regulated by the authorities of those zones. On ...

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ADGM, IDB join hands to support Abu Dhabi’s industrial sector

ABU DHABI / WAM The Registration Authority of Abu Dhabi Global Market (ADGM), has signed a Memorandum of Understanding (MoU), with the Industrial Development Bureau (IDB), of the Abu Dhabi Department of Economic Development (DED), to support strategic industrial projects, expands the region’s industrial sector, and promote economic diversification. The agreement was signed by Khalifa bin Salem Al Mansouri, Under-Secretary ...

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Trump calls for unity after 11 killed in synagogue shooting

Bloomberg Donald Trump condemned “all forms of evil,” including anti-Semitism, after a mass shooting at a synagogue in Pittsburgh left 11 people dead in what’s being investigated as a hate crime. “We mourn for the unthinkable loss of life that took place today,” the president told a gathering of young farmers in Indianapolis, pledging the full resources of his administration ...

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