World Bank boosts Middle East presence with new office in Saudi Arabia
Move acknowledges Riyadh's emergence as a 'global convener' of knowledge development
ADCB to raise $1.6 billion from rights issue to boost asset growth
Bank plans to issue more than 592 million new shares, with offer receiving support from majority shareholder Mubadala
UAE exchange house licence revoked for breaching anti-money laundering law
Malik Exchange also fined Dh2m as Central Bank cracks down on non-compliance
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