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ADX launches ‘Covered Short Selling’, amends securities lending and borrowing guidelines

Abu Dhabi Securities Exchange, ADX, today announced the launch of its latest investment service “Covered Short Selling”, to support the exchange’s strategy of diversifying investment and providing investors with a broader range of hedging mechanisms. By doing so, it will attract a new segment of specialized and experienced investors, driving …

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Dubai Economy fines 11 businesses and warns 2 for violating COVID-19 guidelines

Field inspectors from the Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy continued their visits to open markets and shopping centres across the emirate yesterday to make sure that commercial establishments commit to the precautionary measures against COVID-19. During yesterday’s tours, Dubai Economy imposed fines on 11 commercial …

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Dubai Economy fines 6 businesses and warns 1 for violating COVID-19 guidelines

Field inspectors from the Commercial Compliance & Consumer Protection, CCCP, Sector in Dubai Economy continued their visits to open markets and shopping centres across the emirate yesterday to make sure that commercial establishments commit to the precautionary measures against COVID-19. During yesterday’s tours, Dubai Economy fined six commercial establishments for …

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Dubai Economy shuts down a service centre in Al Twar after an event led to overcrowding

Field inspectors from the Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy shut down a service centre in Al Twar yesterday after an opening ceremony at the facility caused overcrowding, which is considered a violation of the physical distancing guidelines specified as part of the precautionary measures against …

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