Standard Chartered (StanChart) Bank has signed a strategic partnership agreement with UAE Exchange, a leading financial services brand in the United Arab Emirates, that further strengthens the existing relationship between the two companies.
Western Union’s global digital money-moving capabilities were enhanced in the UAE, as a part of the company’s deep commitment to keeping this nation at the forefront of the digital revolution. Western Union chose to unveil its upgraded digital services in the UAE as a part of the famed light show on the Burj Khalifa,
The gangsters reportedly attacked the shop, threatened the employees and stole money of different currencies that amounted to over Dhs2 million.
The GCC is a very dynamic market and the demand for crypto and digital assets will accelerate in the near future, said Leon Smith, CEO and Founder of Digital Assets Exchange (DEX) during a press conference in Dubai.
The Criminal Investigation Department at Ajman Police arrested a gang of five people in less than 24 hours for stealing Dhs3.28 million using a cold weapon.
The exchange found out that the defendants had used fake credentials and fake currencies to get the mentioned amount, and immediately filed a report against them.
CBUAE’s examination findings revealed that the exchange house had a weak compliance framework to prevent money laundering and financing of terrorism.
Total volumes on the Dubai Gold and Commodities Exchange (DGCX) this year stood at over 21.85 million contracts at the end of November, valued at more than $400 billion.
The cashier took advantage of his job and planed with his partners in the crime to seize the money from the store’s treasury and flee.