The United Arab Emirates and the Republic of Congo-Brazzaville have concluded the terms of a Comprehensive Economic Partnership Agreement (CEPA), a deal that will facilitate greater trade and investment flows as the two nations pursue deeper economic ties.
Author: UAEPress_Admin
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Canada’s Fairfax raises stake in Gulf Insurance Group after KIPCO exit
Dubai: The Canadian company Fairfax Financial Holdings has raised its shareholding in Gulf Insurance Group to 90.01 per cent, after buying the 43.62 per cent stake held by Kuwait’s KIPCO.
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Growth indicators of insurance sector in UAE reflect a dynamic and active market: CBUAE
The insurance sector in the UAE witnessed growth and expansion across various key indicators during 2022, according to a report by the Central Bank of the UAE, reflecting a strong, dynamic, and active market driven by increasing demand and effective risk management.
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UAE set to mandate insurance coverage for organ donors, recipients
A draft law that will make amendments to legal provisions on organ donation and transplant has called for the inclusion of medical insurance provision in “Hayat,” the National Programme for Organ and Tissue Donation and Transplantation, according to two senior officials.
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Gold prices in Dubai Today Tuesday 26 December 2023
Gold prices in Dubai, the United Arab Emirates (UAE) today, Tuesday, December 26, opened at a selling price of AED 7581.14 per ounce, according to UAEgoldprices.com.
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UAE becomes global magnet for tourists as holiday season sets in
During Christmas and New Year, the world’s eyes turn to the UAE, now a magnet for tourists thanks to its diverse attractions. From luxurious hotels and mega-malls to bustling traditional markets, it offers something for everyone.
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Abu Dhabi clarifies guidelines on fundraising
Abu Dhabi: The Department of Community Development in Abu Dhabi hosted introductory workshops on the guidelines for collecting donations within the emirate.
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UAE TIGHTENS GRIP ON CRYPTO WITH NEW AML RULES
The United Arab Emirates has introduced updated Anti-Money Laundering (AML) and sanctions rules that specifically address digital assets. This development, spearheaded by the Financial Services Regulatory Authority (FSRA), marks a pivotal moment in the UAE’s approach to managing the evolving landscape of digital finance. With these revisions, the UAE aims to enhance its vigilance against financial crimes in the crypto sphere, aligning with global standards and reinforcing its position as a leading financial hub.
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Thousands of worshippers attend traditional Christmas services in Abu Dhabi and Dubai
Christians across the Emirates filed into churches and stood outside chapels to listen in to Christmas Eve and Christmas Day services.
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UAE rulers condole Saudi King over passing of Prince Mohammed bin Badr
Their Highnesses Supreme Council Members and Rulers of the Emirates have sent separate condolence messages to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, on the passing of Prince Mohammed bin Badr bin Fahd bin Saad Al Awal Al Abdurrahman Al Saud.