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01 May 2025

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JRG, UAE Exchange launch cash transfer system

JRG International DMCC on Sunday launched a multi-currency cash management and transfer system in partnership with UAE

Foreign banks pour funds amid dollar speculation

Foreign banks are pouring funds into the Gulf amid growing speculation that regional oil heavyweights could finally be

ADX in custody deal with Deutsche Bank

The Abu Dhabi Securities Exchange (ADX) yesterday signed a custody agreement with Deutsche Bank as the burgeoning

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China to send envoy to Syria on Fri

China's Foreign Ministry said it would send a senior diplomat to Syria for talks on Friday, days after Beijing said the

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Non-UAE investors to keep markets bullish

Foreign funds and institutions will continue to support the UAE stock markets' bullish pattern this week, analysts said

South Korea unveils currency controls

South Korea's finance ministry yesterday announced tightened regulations on foreign exchange transactions to stabilise

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South Africa ratings may stay: Moody's

Moody's Investors Service said it probably will not change South Africa's sovereign ratings over the next 18 to 24

DIFX plans dirham listings to boost liquidity

Dubai International Financial Exchange, where company shares are listed in dollars, may allow companies to list their

Success of UAE mediation to exchange captives between Russia and Ukraine

The Ministry of Foreign Affairs has announced the success of the UAE's mediation regarding the exchange of captives

Wage system to only cover dirham salaries

The UAE Central Bank has clarified that the newly introduced wages protection system (WPS) will entertain only salaries

Dubai Airports strengthens foreign exchange offering with extended Travelex partnership

Dubai Airports and Travelex, one of the world’s largest currency exchange network, this week solidified a five-year

Aldar foreign ownership raised to 49%

Aldar Properties announced today that its Foreign Ownership Limit, FOL, has been increased to 49%, from 40%, following