ABU DHABI / WAM The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) held a bilateral meeting in Abu Dhabi to enhance collaboration between the financial services sectors of the two jurisdictions. During the meeting, the CBUAE and the HKMA discussed a number of collaborative initiatives and agreed to strengthen cooperation in three …

ABU DHABI / WAM The UAE’s healthcare sector is continuing to excel and lead regionally and globally in 2023 in terms of medical services and scientific achievements, reaffirming its readiness to face all health challenges, and in line with the best international standards. According to the Prosperity Index report by the Legatum Institute, the UAE ranked first in three key …

MANAMA / WAM Menafatf, the Financial Action Task Force (FATF)-Style Regional Body, adopted its FATF Recommendations ratings for the United Arab Emirates at the closing of its May plenary in recognition of its efforts to combat money laundering and terrorism financing. Recommendations (1), (19), and (29) have been upgraded to “Compliant” or “Largely Compliant” in response to the positive measures …