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IMF report commends UAE’s anti-money laundering efforts

  ABU DHABI / WAM The Executive Office of the Anti-Money Laundering and Counter Terrorism Financing (AML/CTF) has been commended as part of the International Monetary Fund’s most recent Article IV report, which highlighted the UAE’s “major efforts” to improve its AML/CTF response in line with “deficiencies identified by the Financial Action Task Force.” Additional entities commended included the AML/CTF ...

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Oil pulls back from $100 amid report ‘Putin is open to talks’

  Bloomberg Oil extended its retreat from a seven-year high, slipping back below $100 a barrel in London, as Russia’s invasion of Ukraine forced traders to grapple with a fluid market environment. Brent futures rallied above $105 a barrel as Russia launched an attack on its neighbour, though prices subsequently retreated as it emerged that Western governments wouldn’t impose sanctions ...

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UAE hosts Mena’s largest Dota 2 Invitational Series

Dubai / WAM The UAE is hosting Gamers Galaxy: Dota 2 Invitational Series Dubai 2022, supported by UAE Nation Brand and New Media Academy and organised by Galaxy Racer, the largest esports, gaming and lifestyle organisation in the world, headquartered in Dubai. Galaxy Racer works with over 100 content creators across Middle East North Africa (Mena) and Southeast Asia (SEA), ...

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