The Abu Dhabi Securities Exchange (ADX) has reduced its trading commissions by 50% and will extend its trading hours by one hour, with the market opening at 10am and closing at 3pm. The reduction in trading fees, to 0.025% from 0.05%, which will take effect starting 1st of September, is the exchange’s second commission cut in […]
Category: LATEST NEWS
Saxo Bank reveals a 200 percent spike in UAE female investors
Saxo Bank, the online trading and investment specialist, saw a 200 percent year-on-year growth in new female investors in the UAE, according to data released in line with Emirati Women’s Day. The consistent growth means that women now make up almost 12% of Saxo Bank’s active clients for the market in 2021. Emirati Women’s Day […]
Dr. Muhadditha Al Hashimi, Chairperson of the SPEA: Emirati Women’ Day is a national occasion to celebrate achievements
Dr. Muhadditha Al Hashimi, Chairperson of the Sharjah Private Education Authority (SPEA), highlighted that Emirati women have become a role model in success and excellence, as evidenced by their rich record of remarkable achievements in various areas and sectors. “Emirati women have effectively contributed to nation building with their innovative thoughts and projects,” Dr. Al […]
Visa appoints Leila Serhan as senior vice president to lead operations across North Africa, Levant and Pakistan
Visa (NYSE:V) today announced the appointment of Leila Serhan as Group Country Manager and Senior Vice President to lead its presence across the North Africa, Levant and Pakistan (NALP) region. Ms. Serhan brings more than two decades experience of leadership positions, including 20 years gained at Microsoft. Ms. Serhan most recently led Microsoft’s public sector […]
UAE wins membership and joins the Universal Postal Union’s Council of Administration and Postal Operations Council
The United Arab Emirates (UAE) has won membership in the Universal Postal Union’s (UPU) Council of Administration (CA) and the Postal Operations Council (POC) for the 2022-2025 cycle. Nominees were selected based on geographical representation during the 27th edition of the Universal Postal Union Congress, hosted by Abidjan, Côte d’Ivoire. Emirates Post Group, led by the […]
Record-Breaking VC Investment In Fintech In First Half Of 2021
Overall, global fintech funding across M&A, PE, and VC deals soared to a new high in H1’21, according to KPMG’s Pulse of Fintech, a bi-annual report on fintech investment trends. Dry powder cash reserves, increasing diversification in hubs and subsectors, and strong activity across the world contributed to the record start to 2021, with funding increasing […]
Greater Unity And Collaboration Needed To Tackle Global Challenges, Latest Expo 2020 Global Survey Shows
The world needs greater unity and collaboration and must share innovations and expertise if humankind is to tackle its most pressing challenges, according to an overwhelming majority of respondents in a global study by Expo 2020 Dubai. Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation and Director General of Expo 2020 Dubai, […]
UAE Wins Bid To Host 28th Universal Postal Union Congress In 2025
The UAE has once again reaffirmed its strengths and capabilities to host significant international conferences after winning the bid to host the 28th edition of the Universal Postal Congress which will be held in Dubai in 2025. This latest achievement reflects the country’s position as one of the world’s leading international business centres and regional […]
‘Invest in Dubai’ platform wins ‘Best global digital transformation initiative for investors 2021’ award from world economic magazine
Government of Dubai Media Office: ‘Invest in Dubai’ (IID), the integrated digital business set-up platform, has won the ‘Best Global Digital Transformation Initiative for Investors 2021’ award from the World Economic Magazine. The World Economic Magazine Inc. Award, which honours institutions, companies and thought leaders who provide innovative solutions in the financial sector, comes in recognition of […]
“Iris Media” secures a leading position among the top UAE based news companies
A recent study conducted by the “Best startup Asia” website revealed that Iris Media Press Services ranks 40 among the leading 66 news companies in the United Arab Emirates in 2021. The selected news companies were ranked on the basis of adopting a variety of approaches that contribute to the innovation of the News industry […]