Matrix Exchange Ltd. has received a license, known as Financial Services Permission (FSP), to operate a regulated virtual asset Multilateral Trading Facility (MTF) and custody platform that will serve customers from around the global. The FSP issued by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) in the United Arab Emirates, allows Matrix Exchange Ltd. to serve retail customers, trading firms, and institutions from the Middle East, Asia, and Europe, among others.

In cooperation with its partners in the social sector in Abu Dhabi, the Department of Community Development, DCD, has launched a package of initiatives that are aligned with the efforts of the Abu Dhabi government to limit the spread of the novel coronavirus, COVID-19. The total number of initiatives that have been launched since the beginning of the crisis has reached 60, in areas related to Community Engagement Initiatives, Awareness Campaigns, Contributions and Family Support Initiatives, Support for Vulnerable Families, and Business Continuity Services.

Yas Mall has launched a new ‘We Shop For You’ virtual shopping experience service for residents in the UAE capital, now offering a cashless and convenient way of shopping through the Akyasi service complete with free-of-charge home delivery. This virtual shopping experience is available for all essential items from Carrefour and pharmacies, and will widen to include the entire Yas Mall retail offer as malls reopen. To avail of the ‘We Shop For You’ service, customers need to snap a picture of what they want, share the photo via WhatsApp. Then Akyasi arranges the purchase and delivery of the orders. To ensure the health and safety of customers all goods delivered via the ‘We Shop For You’ service are thoroughly sanitised and delivery drivers wear appropriate protective clothing, masks and gloves.

Abu Dhabi Islamic Bank, ADIB, has announced the donation of AED1 million to provide 125,000 meals as part of the '10 Million Meals', the nation’s biggest food distribution drive, to support low-income families and individuals in need. The humanitarian campaign, the UAE’s biggest food distribution drive, enables individuals and institutions to donate towards providing meals and food parcels to low-income individuals and families throughout the Holy Month of Ramadan. In the first few days of its launch, the campaign continues to attract numerous donations from different segments of the society.

Over the past few decades, the middle east has become one of the most popular, thriving destinations for labor migrants with different backgrounds. The United Arab Emirates is leading the way not only in the region but also across the world, as its iconic, enchanting cities offer a diverse range of employment opportunities to individuals from around the world.