Saturday 12 July 2014

Emirates ID website attracts over 2m visits

The Emirates Identity Authority’s website has attracted more than two million visits during the first half of the year, similar to the figures for the same period last year.   The website also recorded abou


UN honours Emirates' national ID programme

The Emirates Identity Authority's National ID Registration Program has been recognised as ‘one of the world’s best biometric programmes’ by the United Nations in its e-Government Survey 2014


Kuwait wealth fund had $261bn assets: report

A rainy day fund managed by Kuwait Investment Authority (KIA) had assets currently worth more than $261 billion at the end of March last year, a local newspaper reported on Sunday citing a government audit. Oil-producing Kuwait, o


Saudi to go it alone, pump 10m bpd in July

Saudi Arabia will raise output to 10 million barrels a day in July, Saudi newspaper al-Hayat reported on Friday, as Riyadh goes it alone to pump more outside official policy of Organization of the Petroleum Exporting Countries (Opec). Citi


New CEO named for DIFC Authority

Dubai International Financial Centre (DIFC), Dubai's international financial hub, has appointed Abdulla Mohammed Al Awar as chief executive officer of DIFC Authority, one of  the main bodies of DIFC. Al Awar was previously Ma


QFC amends regulations

The Qatar Financial Centre (QFC) Authority has amended its Companies Regulations following the enactment of the Collective Investment Funds Rulebook in June last year.  The QFC has also issued a policy statement setting minimum levels


UAE plans new industrial laws

The UAE Ministry of Finance and Industry is planning to bring in a new legislation to standardise the industrial sector, a report said.

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