#Securities and Commodities Authority

Franklin Templeton launches 7 feeder funds in UAE

Franklin Templeton launches UAE funds to attract retail investors

The funds will be distributed in the UAE by locally licenced promoters, including onshore conventional and Shariah-compliant consumer banks

UAE green bonds, sukuk issuance hit Dhs15bn

UAE green bonds, sukuk issuance hit Dhs15bn, says SCA

The country has been encouraging issuers to raise green and sustainability-linked bonds, and sukuk to accelerate its transition to a low-carbon economy

alternative investment

The UAE as the new alternative investment hub

A look at the emerging trends and challenges in risk management for alternative investment fund managers

eid al adha holiday

Eid Al Adha 2023 holiday for financial markets in UAE

The financial markets will close for Eid Al Adha holidays as per the guidance by Securities and Commodities Authority

UAE SCA to-waive-fees-for-firms-listing-green-bonds-sukuk-in-2023-Getty Images-1061630236.jpg

Registration fee waiver for firms listing green bond, sukuk in local market: SCA

The SCA board approved the decision to exempt the fee for this year for companies planning to list their sustainability-linked bond or sukuk

DFM adds 20,552 new investor accounts in first 7 months of 2022

Dubai Gold and Commodities Exchange brokerage firms can now join DFM as derivatives members

Dubai Gold and Commodities Exchange-licenced brokerage companies can acquire a range of DFM derivatives membership licenses, including trading brokerage, and trading and clearing brokerage

Century Financial

Investment firm Century Financial acquires Category 1 SCA licence

The new licence recognises Century Financial as a trading broker of OTC derivatives and currencies in the spot market

ADQ and Chimera Investments to launch UAE’s first SPAC on ADX

With the launch and listing of ADC, ADQ and Chimera aim to capitalise on ADX’s newly-issued SPAC regulations

Getty Images

UAE’s Securities and Commodities Authority approves GCC’s first SPAC regulatory framework

The framework will provide international investors with access to growth opportunities

Abu-Dhabi

Abu Dhabi Securities Exchange proposes SPAC regulatory framework

The Abu Dhabi Securities Exchange and Abu Dhabi’s Department of Economic Development have submitted a proposal to the Securities and Commodities Authority

UAE’s market regulator appoints first female CEO

Dr. Maryam Buti Al Suwaidi was previously the authority’s acting CEO

Cryptocurrency DAFZA

Regulated trading of cryptocurrency assets to begin in Dubai airport freezone

DAFZA signed an agreement with the SCA to support the regulation, offering, issuance, listing and trading of crypto assets within the freezone

UAE revamps oversight bodies to boost economy’s competitiveness

Responsibilities of the Securities and Commodities Authority will be limited to regulating and overseeing local financial markets