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Policy & Legal Updates
Source: Securities Finance Times

UAE Securities Finance Sector Targets Collateral Mobility and Regulatory Upgrades at Symposium

Industry leaders at the Securities Finance Symposium in Dubai evaluated the transformation and future priorities of the UAE securities finance market. Banking and legal specialists highlighted the resilience of repo markets while calling for improved collateral mobility, real-time settlement, and Islamic finance standardisation. Participants also noted that regulatory responsibilities have increasingly shifted toward exchanges like the Dubai Financial Market.

Industry News
Source: Aaj English TV

OpenAI Partners with ADNOC and Abu Dhabi Entities in Broad UAE AI Expansion

UAE state oil company ADNOC has announced a partnership with OpenAI and Emirati AI firm G42 to deploy the OpenAI Frontier platform across its operations. The deal is part of a broader series of agreements witnessed by Abu Dhabi Crown Prince Khaled bin Mohamed al-Nahyan to integrate artificial intelligence across energy, sovereign investment, and government services. Planned initiatives include predictive oil modeling, investment analysis with Mubadala, and an AI-native regulatory compliance pilot for government permitting.

Policy & Legal Updates
Source: Gulf News

Ras Al Khaimah Court Acquits Commercial Broker in Dh10.5 Million Trade Fraud Case

A Ras Al Khaimah court has acquitted a 51-year-old Asian commercial broker of fraud charges connected to a Dh10.5 million trade scam. In the same trial, a European businessman received a one-year prison sentence and a deportation order, while his company was fined Dh500,000 for defrauding a trading entity. The court found insufficient evidence that the broker participated in or had knowledge of the fraudulent scheme.

Industry News
Source: Securities Finance Times

Advent to Acquire Vermeg with ADIA Subsidiary Joining as Minority Co-Investor

Global private equity firm Advent has signed an agreement to acquire financial software firm Vermeg from Charterhouse Capital Partners and founder Badreddine Ouali. A wholly owned subsidiary of the Abu Dhabi Investment Authority is participating as a minority co-investor. Founder Badreddine Ouali will remain a shareholder and become vice chairman, while Advent operating partner Mike Ettling will become chairman upon completion.

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