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30 April 2025

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Falling rupee brings relief to expats

The steep fall in the value of the rupee against the dollar has come as a relief to Indian expatriates who have

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Borse Dubai will invest $1.2bn in Taiwan

(AFP)      Borse Dubai plans to invest $1.2 billion (Dh4.4bn) in Taiwan shares, according to a report in China’s

Call for better co-ordination on currencies

France's Economy Minister Christine Lagarde and Bank of France Governor Christian Noyer made a push for better

Iran launches forex centre to support sagging rial

Iran launched a fresh bid on Monday to stabilise its falling currency, opening a foreign exchange centre that provides

UAE to implement joint disclosures, exchange of information for tax purposes

The UAE will begin implementing the standards of joint disclosures and the exchange of information for tax purposes set

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UAE Exchange, Cox & Kings Tours tie up for payment collections

UAE Exchange, a remittance and foreign exchange company, has tied up with Cox & Kings Tours to offer customers the

UAE Exchange sells 40% stake

UAE Exchange, one of the largest foreign exchange firms in the United Arab Emirates, has sold a 40 per cent stake to

EIB completes foreign currency bank note exchange campaign

Emirates Islamic Bank announced on Tuesday the successful completion of its foreign currency bank note exchange

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Abu Dhabi bourse to tie up with Tokyo

(AFP)      The Tokyo Stock Exchange and the Abu Dhabi Securities Market signed a deal Thursday for a future tie-up as

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ADX looks for $200bn listings

The Abu Dhabi Stock Exchange (ADX) plans to attract companies with total market capitalisation of at least $200 billion

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China forex arm buys stakes in Australian banks

  A Hong Kong-based unit of the agency that manages China's $1.4 trillion in foreign exchange reserves has bought

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DIFX set to introduce derivatives

The Dubai International Financial Exchange (DIFX) plans to launch derivatives trading in the second half of 2008, a