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DFSA Board appoints Bryan Stirewalt as next Chief Executive - Dotemirates
1 week 3 day

DFSA Board appoints Bryan Stirewalt as next Chief Executive

DUBAI, 12th September, 2018 (WAM) -- The Board of Directors of the Dubai Financial Services Authority, DFSA, today announced, following a global search, the appointment of Bryan Stirewalt as the next Chief Executive of the DFSA. Bryan will succeed Ian Johnston, who in late 2017 announced his intention to retire from the DFSA. The appointment will take effect from 1st October, 2018. During his tenure, Ian made a significant contribution to the DFSA and was key to its development as a strong and internationally respected regulator, as well as to the development of the Dubai International Financial Centre. Commenting on...


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5 hour 27 minute

Artists unveil vision for a New Kerala at Abu Dhabi Concert

Flood-affected artists from Indian state of Kerala performed a relief concert in Abu Dhabi. Residents in their hundreds supported the 'United for a Cause' event organised by India Social and Cultural Centre Abu Dhabi. There was only one aim in everyone's mind - rebuilding a New Kerala. Senior playback singer Unni Menon, Biju Narayanan and Sithara Krishnakumar were all affected by floods and told Khaleej Times about their vision for a New Kerala. Menon, a well-travelled artist, has visited the UAE several times. The 60-year-old said Kerala can replicate the UAE's model of planning and development. "We can treat each...
5 hour 27 minute

'Saudis not foreigners in UAE'

Rich and stable, Saudi Arabia and the UAE continue to attract dangers of foreign powers attempting to destabilise the region, but their bond will stand strong and positive against challenges, a Saudi diplomat has said. Speaking to Khaleej Times, Abdul Hadi bin Mohammed Al Shafi, Consul-General of the Kingdom of Saudi Arabia to Dubai, said the long UAE-Saudi relations have set a model for the world as it extends to all sectors that make a strong relation. The UAE celebrations of 88th Saudi National Day "is the social integration and deep-rooted brotherly ties among both peoples through their tribal and...
5 hour 30 minute

NRI project provides long-term support to tribal kids back home

Four tribal boys from Thane district in Maharashtra, India, have become the first in their family to enter college, thanks to Max Talent Cricket Academy in Dubai. The academy had set up a training camp in Maharashtra for 30 teenage tribal students to provide them with exposure and equal opportunities.  What began as a pilot project involving 15 tribal students in 2013 became a full-fledged project in 2015. "Many of the students we worked with did not have access to education or even electricity at their homes," said Rajeev Bhattacharya, a businessman and one of the trustees of the Max...

5 hour 31 minute

DLD service centres serve 39,000 investors with value of AED131bn

DUBAI / WAM Dubai Land Department (DLD), has announced that its service centres across the emirate have served more than 39,000 investors, after helping them complete their investments with a total value of AED 131 billion during the period from January to August 31.In the latest report issued by DLD, the number of transactions provided in service centres during the period mentioned amounted to 42,000, distributed between 24,000 transactions for the transfer of ownership, and 18,000 that provided excellent services to investors.Sultan Butti bin Mejren, DLD Director-General, said, “The demand for service centres is evident due to the completed transactions...
5 hour 33 minute

FTA urges retailers to register for tourist VAT refund scheme

ABU DHABI / WAM The Federal Tax Authority (FTA), has invited retailers, outlets and shops registered for Value Added Tax (VAT), to register in the digital system of the Tax Refund Scheme for tourists, which will come into effect as of the fourth quarter of 2018.The authority cautioned that a retailer’s membership in the Tax Refund Scheme for tourists would be revoked if they fail to meet their obligations, whether those stated in tax laws or in the contract between the system operator and the retailer.The authority is implementing the scheme in cooperation with Planet, and has identified four basic...
5 hour 40 minute

ADX chairs Arab Federation of Exchanges meet

ABU DHABI / WAM Rashed Al Blooshi, Chief Executive of Abu Dhabi Securities Exchange (ADX), chaired the 43rd session of Arab Federation of Exchanges (AFE) meeting. The annual meeting of the AFE in its 43rd session took place in Abu Dhabi wasattended a number of CEOs of Arab stock exchanges and chairmen of clearing and depository companies from all over the Arab world.The meetings discussed a number of issues and topics relevant to the overall development of Arab stock exchanges, how to promote and encourage Arab securities markets to follow and adopt the best international standards in this regard, and...