Press Dossier   By Date  08/04/2021
Maktoum bin Mohammed appoints new DFSA Chairman
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre (DIFC), appointed Fadel Al Ali, as Chairman of the Dubai Financial Services Authority (DFSA).
Big upswing in Dubai realty sales
Dubai’s real estate sector continued to show buoyancy in March 2021 by registering a big upswing in sales transactions to 4,643 worth Dh10.93 billion.
Sharjah sees 51.3% rise in business licenses issued in Q3 of 2020
The Sharjah Department of Statistics and Community Development (DSCD) has announced a 51.3 per cent rise in business licenses issued in the emirate of Sharjah for the third quarter of 2020 over the previous quarter.
Sharjah Ruler issues decree on establishment, organisation of Emiri Guard Club
His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree No. (3) of 2021, on the establishment and organisation of the Emiri Guard Club (EGC) in Sharjah.
Tadawul stock index crosses 10,000
The main Saudi share index broke through the 10,000 barrier on Wednesday as banking and transportation stocks led gains. The Tadawul All Share Index gained 0.25 percent to close at 10,014.30.
Saudi Central Bank outlines COVID-19 strategy to IMF
The International Monetary Fund (IMF) published its updated growth forecasts for the next five years in time for the World Bank and IMF Spring meetings, which are taking place this week. Things look better than anticipated than they did six months ago, or even in January, when the IMF provided its latest update.
UAE to launch e-notary system to detect fake agencies
A new electronic notary management system that can verify legal documents through a barcode and detect fake agencies would be introduced in the UAE soon, said a minister on Tuesday.
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