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H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chair of the Board of Directors of the Environment Agency – Abu Dhabi (EAD), has reiterated EAD’s dedication to conserving the environment and its biodiversity, seen as a unique natural heritage ingrained in the consciousness of the UAE populace, bolstered by their intimate connection with the environment and its natural resources.

Securities and Commodities Authority (SCA) of the UAE actively enforced a regulation (pdf) since last Sunday, prohibiting onshore banks from promoting or marketing foreign funds to retail investors. This regulation allows only funds registered with the SCA to be marketed in the UAE to retail investors.