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Dubai Chambers now plans to launch country-specific business councils

Dubai Chambers now plans to launch country-specific business councils

by Danissa Guotana | Feb 21, 2023 | Uncategorized

Dubai: Dubai Chambers will soon establish country-specific business councils under its umbrella to add to the sector related ones it already has. The plan is to create more possibilities for business connectivity, both within industry verticals and beyond them. “We...
ADNOC Gas will be UAE’s first IPO of 2023, dividend set at a substantial $3.25b

ADNOC Gas will be UAE’s first IPO of 2023, dividend set at a substantial $3.25b

by Danissa Guotana | Feb 19, 2023 | Business

ADNOC intends to offer approximately 4 per cent of ADNOC Gas’ issued share capital in the offer as part of the UAE Retail Offering, to: (a) individuals and other investors in the UAE; (b) employees of ADNOC group companies residing in the UAE; and (c) UAE National...
UAE to launch digital currency for domestic, cross border payments

UAE to launch digital currency for domestic, cross border payments

by Danissa Guotana | Feb 16, 2023 | Business

The Central Bank of the UAE (CBUAE) will roll out digital currency for domestic and cross border payments. The move is part of the central bank’s newly launched Financial Infrastructure Transformation Programme (FIT programme), which aims to accelerate the digital...
UAE: All passengers must declare currencies, assets, jewellery valued over Dh60,000

UAE: All passengers must declare currencies, assets, jewellery valued over Dh60,000

by Danissa Guotana | Feb 15, 2023 | Business

The Federal Authority for Identity and Citizenship, Customs, and Ports Security in the UAE have issued a reminder to travellers and said it is essential that all travellers adhere to customs procedures as prescribed by the customs law to ensure safe travel. The...
UAE Central Bank launches programme to boost digital transformation in financial services

UAE Central Bank launches programme to boost digital transformation in financial services

by Danissa Guotana | Feb 14, 2023 | AML, Business

The UAE’s Central Bank has announced a new programme to accelerate digital transformation in the financial services sector, with initiatives spanning open finance and a new digital currency. The Financial Infrastructure Transformation Programme also includes a...

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