Globally, spot gold stood at $2,616.45 per ounce as markets were closed in most of the countries around the world due to the Christmas holiday
markets1 hour ago
DFSA Regulatory Council simultaneously announced that David King, Managing Director of DFSA Supervision, has been appointed Chief Executive Officer of DFSA. King has also been appointed to the Regulatory Council.
Anis Al Jallaf, Chairman of DIFC Board of Directors said, "The DIFC concept is entirely dependent on the establishment of an independent regulatory body worthy of the world's respect and trust. I offer my congratulations to both appointees and wish them well in their new roles."
Dr Al Mulla, said, "I am honoured to accept the role of Chairman of the Regulatory Council of the DFSA. The Dubai Government has insisted all along that an independent and world class regulator is critical to the success of the DIFC. The Regulatory Council is fully committed to this and I am looking forward to working with David and the team in taking the DFSA to the next stage of its development."
David King added, "The DFSA has come a long way from the announcement of our establishment in 2002, but the next stage of our development is the most important as we near launch. I am proud to accept the position of CEO; it will be a privilege to work with Dr Al Mulla. I would like to thank the DIFC Authority and the Regulatory Council for their trust and I am looking forward to the opportunity to contribute to making the DIFC vision a reality."
Globally, spot gold stood at $2,616.45 per ounce as markets were closed in most of the countries around the world due to the Christmas holiday
markets1 hour ago
The new route is expected to better distribute traffic density at Exit 38
transport1 hour ago
In Dubai, Chef Marc has designed a menu inspired by his childhood memories and each dish is a reflection of the traditions that defined the festive season
food2 hours ago
The firm launched ORO token, each of which represents one ounce of 99.99 per cent fine gold, securely stored with blue-chip custodians and fully insured
business4 hours ago
Syed Murad's process of making a tool is rooted in tradition, requiring great patience and skills
uae4 hours ago
Over time, the students also improved their communication skills and understanding of trade as they sold their products, including crochet items, at their booth
uae4 hours ago
In May 2006, Ernesto Arnel Tawat was involved in a tragic accident in Sharjah's Al Nahda area, when his car fatally struck a pedestrian
visa and immigration in uae4 hours ago
According to the police account, the suspect used a lighter to ignite the clothes of a woman who appeared to be sleeping on a stationary train
americas11 hours ago