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NBF launches electronic trading platform NBFX

Dubai / WAM National Bank of Fujairah (NBF) announced the launch of its electronic trading platform – NBFX, which offers customers digital experience to hedge their treasury requirements. The new platform is available for both conventional and Shariah-compliant banking customers on a 24/5 basis, which means that customers can execute transactions during and beyond the bank’s working hours and benefit ...

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UAE to boost economic, trade ties with UK

ABU DHABI / WAM A high-level UAE delegation headed by Abdullah bin Touq Al Marri, Minister of Economy, will visit the United Kingdom this week to discuss the development of economic relations and explore more opportunities to enhance cooperation between the two countries. During the visit, the two sides will also discuss the expansion of partnerships at both public and ...

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UAE central bank identifies new Covid-19 financial sector risks

Abu Dhabi / WAM The central bank of the UAE (CBUAE) has published the ‘Typologies in the Financial Sector’ report, produced by the Supervisory Authorities Sub-Committee, which is chaired by CBUAE. The Supervisory Authorities Sub-Committee includes Abu Dhabi Global Market and Dubai Financial Services Authority, the Executive Office for Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT), and the ...

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