DUBAI — In terms of governance and transparency, the Middle East « has come a long way but still has a way to go, especially in relation to international accounting rules, » says Shayne Nelson, Standard Chartered’s regional chief executive in the Gulf and Levant. Speaking to Khaleej Times, he emphasised the need for greater transparency « in …
Lire la suite Dubai : Call for greater transparency, tougher stock exchange rules
DUBAI — Leading UAE stock market indices made strong gains yesterday, the biggest in more than a month. The Dubai Financial Market (DFM) General Index advanced 2.5 per cent to 3,757,69 while the Abu Dhabi Securities Market (ADSM) Index jumped 2.1 per cent to 2.922.32. On the DFM, the banking sector performed strongly. The banks …
ABU DHABI — The President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, in his capacity as the Ruler of Abu Dhabi, has issued a decree, setting up the Abu Dhabi Health Services Company (ADHSC) as a public joint stock company. The new company, which shall be known as ‘sihha,’ shall be an independent corporate …
Lire la suite Khalifa issues decree to set up ADHSC as public joint stock company
Dubai : The UAE government yesterday said it would begin tackling internet crime head on with the formation of a new task force. Cyber crimes have wrecked havoc in some countries in recent past, with a breakdown in IT infrastructure and resulting in loss of valuable data. « Instead of reacting to virus attacks or hackers, …
Dubai: Legislation crucial to the future of Dubai’s real estate sector is in its final stage of approval, say officials at Dubai Land Department. Eagerly-anticipated legislation concerning escrow accounts and a condominium law have passed the final draft stage and are awaiting official approval from the emirate’s rulers. It follows a lengthy period of consultation …
Dubai: The UAE government yesterday said it would begin tackling internet crime head on with the formation of a new task force. The Telecommunications Regulatory Authority (TRA) said it is creating a UAE Computer Emergency Response Team (aeCERT) for the detection and prevention of cyber crime in the country. Cyber crimes have wrecked havoc in …
