UAE banking rules tighten as foreign bank faces Dh1.82 million penalty / Image – file The Central Bank of the UAE (CBUAE) has imposed a Dh1.82 million financial penalty on a branch of a foreign bank operating in the country after finding that it failed to issue a customer’s liability letter within the legally required…

For most people, the word mummy immediately conjures images of ancient Egypt, gilded pharaohs and elaborate tombs along the Nile. Yet archaeology tells a very different story. Nearly 2,000 years before Egyptians perfected embalming, a community of marine hunter-gatherers living on Chile’s arid Pacific coast had already developed the world’s earliest known tradition of artificial…