The Dubai Financial Services Authority (DFSA) has fined brokerage R J O’Brien $1.37 million for having inadequate compliance resources.
The firm contravened DFSA legislation by having inadequate compliance resources.
The fine was…
Dubai is on track to wrap up the year on a stellar note, with property sales poised to exceed AED400 billion ($108.9 billion), according to new analysis.
The value of real…
BEIJING, Dec. 28, 2023 /PRNewswire/ — Industrial Bank (Shanghai:601166) (“the Bank”) announced a significant upgrade in its 2023 Environmental, Social and Governance (ESG) Rating from A to AA by MSCI.…
Angola has said it is leaving the Organization of the Petroleum Exporting Countries (OPEC) with effect from Jan. 1 2024, after exits from Ecuador in 2020 and Qatar in 2019.
Angola,…
Saudi Arabia's banks are expected to do well in 2024 as potential interest rate cuts lead to corporate loan growth while the lenders' robust asset quality moderate any downward risks,…
Sustainable finance may once have been a “niche subject”, it is now a key component that will shape the UAE’s economy, the Minister of Economy said today.
Speaking just days before…