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First Abu Dhabi Bank’s global markets head, other senior bankers step down
The changes mark the latest in a series of management shake-ups
Infini Capital to manage ADGM Asian hedge fund
The Hong-Kong based Infini Capital secured preliminary approval to manage the fund
Commercial Bank of Dubai appoints Ahmad Julfar as chairman
Commercial Bank of Dubai appointed a new chairman and deputy chairman.
CBUAE launches region’s first ombudsman unit
Sanadak will handle claims from consumers against banks and licensed ins. companies
Dubai clarifies foreign bank tax levies post-corporate tax
Foreign banks licensed to operate in the DIFC are exempted from the 20% levy
Shuaa Capital, Apex Investment see more resignations + United Arab Bank has a new chairman
Asset management firms Shuaa Capital and Apex Investment have seen several resignations over the past few months
Fresh macro figures point to a solid 2023
The figure is lower than the CBUAE’s previous expectation
Chances of heavy rain and hail + It’s the last day of the WTO ministerial conference
Good morning, wonderful people. It’s a reasonably brisk news day as we start our slide into the weekend, giving us…
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