Amana Capital secures license to operate in the Dubai International Financial Center LeapRate

April 13, 2016 BY Maria Nikolova

Amana Capital secures license to operate in the Dubai International Financial Center

Online trading services provider Amana Capital announced on Tuesday that it secured a license from the Dubai Financial Services Authority (DFSA) and launched the operations of its new subsidiary, Amana Financial Services (Dubai) Limited, in the Dubai International Financial Center (DIFC). DIFC serves as the financial and business hub that connects the region’s emerging markets…

October 19, 2015 BY Maria Nikolova

SCA presents new requirements for internal audit reports at securities brokerages

The Securities and Commodities Authority (SCA), the regulator responsible for the oversight of securities brokerages in the United Arab Emirates, has issued a circular concerning the internal audit reporting for securities brokerage companies. The circular introduces new, tighter requirements for internal reports at such companies. Under the new rules, which come into force in the…

September 15, 2015 BY Maria Nikolova

UAE securities regulator bolsters anti-money laundering mechanisms

The SCA has ordered all UAE-based securities and commodities brokerage companies to establish and activate electronic connection with a special unit of the Central Bank of the UAE.

August 19, 2015 BY Maria Nikolova

ADS Securities launches CFDs on OREX platform

Investors will have access to the initial offering of more than 300 products and by the end of the year more than 2000 additional instruments will become available.

Tag: Middle East market