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UAE Ministry of Finance Updates Accreditation Framework for eInvoicing Service Providers

Photo Credit: WAM The UAE Ministry of Finance has issued Ministerial Decision No. 168 of 2026, introducing updated eligibility criteria and accreditation procedures for service providers operating under the country’s Electronic Invoicing System. The new decision, which came into effect on 1 October 2026, replaces Ministerial Decision No. 64 of 2025 and its subsequent
Economy

ADX Joins SWIFT Network to Strengthen Global Market Access

Photo Credit: WAM Abu Dhabi Securities Exchange (ADX) has joined the global SWIFT network after establishing its Business Identifier Code (BIC), ADSEAEADXXX, marking another step in the development of its post-trade infrastructure and international connectivity. The integration will allow ADX to exchange secure, standardised and internationally recognised financial
Economy

Hanwha Finance Expands Financial Cooperation with Abu Dhabi

Hanwha Finance is deepening its engagement with Abu Dhabi’s financial ecosystem as part of its broader “Digital Asset Silk Road” vision, aimed at strengthening financial links between the Republic of Korea and Abu Dhabi across digital assets, capital markets and financial services. Hanwha Life, Hanwha General Insurance, Hanwha Investment & Securities and Hanwha Asset
Economy

Shurooq unveils Al Faya Retreat expansion at ATM 2026

Photo Credit : WAM The Sharjah Investment and Development Authority (Shurooq) has announced a major expansion of Al Faya Retreat during its 19th consecutive participation at Arabian Travel Market (ATM) 2026, with the property’s accommodation capacity set to increase from five rooms to 20 units by the fourth quarter of 2026. The expansion is part […]
Economy

XRG Completes Acquisition of Stake in Southern Gas Corridor

Photo Credit : WAM XRG has completed the acquisition of an equity stake in Southern Gas Corridor CJSC (SGC) from Azerbaijan’s Ministry of Economy after fulfilling all conditions and securing the required regulatory approvals. The transaction marks a major step in XRG’s strategy to build an integrated and resilient natural gas platform across the Caspian […]