National AML/CFT Committee and University of Birmingham Dubai Partner to Enhance Anti-Financial Crime Skills

Dubai: The General Secretariat of The National Anti-Money Laundering and Combatting the Financing of Terrorism and Proliferation Financing Committee (NAMLCFTPFC) has signed an academic cooperation agreement with the University of Birmingham – Dubai campus. The agreement aims to develop specialized educational and training programs that enhance the skills of national talent and boost the institutional … Read more

China Advances Green Transformation in Energy Sector

Seoul: China has significantly accelerated its green transformation over the 14th Five-Year Plan period (2021-2025), fundamentally changing the patterns of its energy generation and consumption. According to Emirates News Agency, China now generates over 10 trillion kilowatt-hours of electricity annually, accounting for one-third of the global total, with one-third of its total electricity consumption coming … Read more

Dubai Chambers Hosts Workshops on Company Restructuring Laws and Contract Simplification

Dubai: Dubai Chambers recently organised two legal workshops aimed at raising awareness among businesses about legislative aspects and compliance requirements across economic sectors. The first workshop, focusing on company restructuring laws, provided insights into structuring operations effectively across multiple jurisdictions. According to Emirates News Agency, the first workshop was held in collaboration with PwC Legal … Read more

Organised Criminal Gang Referred to Court for Kidnapping and Extortion

Abu dhabi: The Federal Public Prosecution has taken legal action against nine Arab nationals, referring them to court for their involvement in an organised criminal gang accused of committing severe offences that jeopardize state security, public order, and social peace. According to Emirates News Agency, this case emerged after a victim reported through the Public … Read more

China’s Industrial Output Rises by 6.5% in September

Beijing: China’s value-added industrial output grew by 6.5 percent year on year in September, according to official data released on Monday. This marks an acceleration from the 5.2 percent increase recorded in August, as reported by the National Bureau of Statistics. According to Emirates News Agency, during the first nine months of the year, China’s … Read more

Compliance Key to Banking Industry, Sustainable Development: UAE Banks Federation

Seoul: UAE Banks Federation (UBF) has reaffirmed the importance of compliance with all laws and regulations governing the banking and financial sector, emphasising that it is a key to the banking industry and sustainable development. The Federation stressed the critical role of adhering to legal and regulatory frameworks to support stability and growth of the … Read more