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ADFCA approves animal hygiene regulationAbu Dhabi Food Control Authority (ADFCA) board has approved the Regulation No 8 governing concerning the technical and hygiene requirements for animal production establishments in the Emirate. The new regulation seeks to regulate More… |
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Gulf banks facing ‘skills shortage’The shortage of skills is the biggest challenge facing the GCC banking industry besides new regulation - especially as more global banks enter the market, said a survey by Accenture, a global management consulting and technology services company. More… |
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G20 agrees farm deal, soft on regulationG20 farm ministers settled a deal on Thursday to tackle high food prices, agreeing to a watered-down declaration that fell short of France's ambitious proposals to tighten regulation of commodity markets. "The member states of the G20 conc More… |
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UAE starts checks on microwave ovensThe UAE government has started the regulation and control of all microwave ovens being sold and distributed in the country to help prevent harmful radiation. As per the technical regulation approved by the cabinet, only products compl More… |
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Bahrain cbank to curb unlicensed servicesThe Central Bank of Bahrain (CBB) has issued for public consultation a draft regulation prohibiting the offering of financial services by any person not licensed by the CBB. The regulation has been issued in accordance with the requirement More… |
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Policy mismatch 'leads to migrant worker woes'A policy mismatch between the regulatory systems of the UAE and Philippine governments, coupled with difficulties in enforcing regulations, has led to inadequate protections for migrant workers, a report said. Further, it has led to a cont More… |
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Regulatory reform 'could hurt trade finance'Regulatory reform aimed at preventing banks from building up toxic assets could make it more expensive and harder for banks to fund exports, a trade finance expert said. Reigniting world trade, which suffered its biggest collapse last year More… |
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Islamic finance 'needs regulation'Dubai's debt woes underscore the need for regulation and restructuring in the Islamic finance industry, said experts at a major banking summit in Dubai. Repayment fears about the sukuk (Islamic bonds), issued by Dubai World's prope More… |
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Turkey’s new rules may hit US agri exportsTurkey’s new regulations on food and feed products import would impact US exports as Turkey is the 27th largest export market for all US goods, particularly for corn gluten feed (GCF) and dried grains with solubles (DDGS). According to the More… |
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CBB to enhance capital market frameworkAs part of its programme to further enhance the capital market framework in Bahrain, the Central Bank of Bahrain (CBB) has issued a Consultation Paper on the draft Market Intermediaries and Representatives License Module (MIR Module) to be a part More… |
