Page 58 - Commodities Authority News Today

ABU DHABI, 24th January, 2022 (WAM) -- The Abu Dhabi Securities Exchange (ADX) welcomes the Securiti

The New Companies Law, which came into force on 2 January 2022, introduces key changes that contemplate two new corporate vehicles, a special purpose acquisition company and a special purpose vehicle.

Background - Federal Law No. 32 of 2021 on Commercial Companies (the New Companies Law) has repealed and replaced Federal Law No. 2 of 2015 on Commercial Companies (the...

RIYADH: The UAE’s cabinet announced a restructuring of the board of directors of Securities and Commodities Authority as it moves ahead with reforms to position the country as a leader on the global financial stage. The board members affected include Ali M. Al-Rumaithi, Abdullah A. Al-Khatib, and Faisal Y. Solitin, as their positions will last for 3 years, the albayan

To avoid falling behind on their grand economic growth ambitions, Gulf Cooperation Council countries should act decisively by putting sustainable finance policies at the top of their agendas.

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DUBAI, 20th January, 2020 (WAM) -- The Cabinet has approved a decision to restructure the Board of Directors of the Securities and Commodities Authority, under the chairmanship of Mohamed Ali Al Shorafa Al Hammadi. The decision is part of developing the system and workflow in the federal government in support of the UAE’s vision, and enabling the Securities and Commodities Authority to perform its plans and roles in promoting the performance of the financial markets in the country, according t...

Abu Dhabi Global Market (ADGM) has announced that the fourth edition of its landmark Abu Dhabi Sustainable Finance Forum (ADSFF), to be held virtually today (January 19), will be a carbon-neutral event and platform.

ABU DHABI, 19th January 2022 (WAM) – Abu Dhabi Global Market, the leading International Financial Centre in Abu Dhabi, today announced that it had achieved a "carbon-neutrality" status by offsetting its 2021 carbon emissions as an organisation, thereby reinforcing ADGM’s commitment to building a progressive and more sustainable economy, and in addition, positioning ADGM as the first IFC in the world to be "carbon neutral." This development came following ADGM’s recent d...

ABU DHABI, 19th January 2022 (WAM) -- Abu Dhabi Global Market, the leading International Financial Centre in Abu Dhabi, Wednesday announced that it had achieved a "carbon-neutrality" status by offsetting its 2021 carbon emissions as an organisation. It reinforces ADGM’s commitment to building a progressive and more sustainable economy, and in addition, positioning ADGM as the first IFC in the world to be "carbon neutral." This came following ADGM’s recent decision...