Dubai CommerCity first regional e-commerce free zone

Dubai CommerCity, the first free zone dedicated to e-commerce in the MENA region, is intended to promote Dubai’s position as a leading platform for international e-commerce and to support economic diversification and smart transformation strategies. The ... ( read original story ...)

Dubai’s Noor Bank says managing director to leave on Oct 31

Dubai-based Noor Bank has announced the departure of Hussain Al Qemzi from his position as managing director, effective from October 31. Al Qemzi was CEO of Noor Bank from its inception in 2008 until June when he became the bank’s first managing director ... ( read original story ...)

Could Aramco renege on the IPO plan?

IPO vs. private share placement It’s possible that a change ... at the Lebanese American University and has a Master’s degree in International Affairs. by Dubai American Academy ( read original story ...)

Emaar launches property unit IPO

DUBAI: Emaar Properties, Dubai’s master developer, is to sell 20 percent of the shares of its UAE real estate unit in an initial public offering (IPO) that could value it at around $6 billion. The IPO is the first significant listing on a UAE market ... ( read original story ...)

UAE’s largest bank says nine-month net profit tops $2bn

The UAE’s largest bank, created from the merger of National Bank of Abu Dhabi and First Gulf Bank, has reported more than AED8 billion ($2.18 billion) in net profit for the first nine months of 2017 First Abu Dhabi Bank (FAB) secured AED8.09 billion in ... ( read original story ...)

Checkout.com Brings Apple Pay to its Customers in the UAE

https://checkout.com/blogs/ bringing-apple-pay-uae-touch-id-payments-apps-websites/ Here at Fintech Finance, we work with renowned executives in the industry to provide key decision-makers globally within leading financial services organizations with ... ( read original story ...)

Barriers still holding back growth of Islamic finance – Fitch

The ratings agency said greater harmonisation of sharia codification within and between jurisdictions is often cited as a limiting factor if Islamic finance is to gain wider acceptance among regional and international investors. Dubai, through its Islamic ... ( read original story ...)