Abu Dhabi Begins Their Path to ICO Regulation

Abu Dhabi's Financial Services Regulatory Authority (FSRA), have released guidelines on ICOs and digital currencies for the first time. Their stance on ICOs is that they are similar to securities and are risky, while digital currencies are seen more like ... ( read original story ...)

Jassim Al-Seddiqi: The new face of Arabian Gulf finance

In just a few years, Jassim Al-Seddiqi has become the “go to” financier in the UAE capital Abu Dhabi, and made the company he runs — Abu Dhabi Financial Group (ADFG) — one of the most important investing institutions in the Arabian Gulf. ( read original story ...)

Sri Lanka wins Abu Dhabi Test

Sri Lanka beat Pakistan by 68 runs in the second and final Test at Abu Dhabi a short while ago. Chasing 317 to win, the Pakistanis were bowled out for 248 in the first session of the final day. This is Sri Lanka's first ever day-night Test. Asad Shafiq was ... ( read original story ...

UAE’s Mashreq launches digital-only bank

Mashreq has launched a full service bank that will have no branches as it embarks on a digital transformation to appeal to a new generation of people. Computer Weekly takes a look at how some of the world's biggest financiial brands have moved to the cloud ... ( read original story ...)

UAE problem loans to rise, Moody’s warns

LONDON: Problem loans in the UAE’s banking sector are set to rise by the end of 2018, ratings agency Moody’s Investors Service warned, blaming “sluggish” economic growth seen this year. The agency has forecast that non-performing loans could reach ... ( read original story ...)

Abu Dhabi cruise sector embarks on regional trade roadshow

Abu Dhabi Cruise Terminal is forecast to welcome 129 ship calls from 18 different cruise lines, making the emirate a firm fixture on the world cruise map and continuing to base their regional Arabian Gulf operations at the terminal. - TradeArabia News ... ( read original story ...)

Dubai private sector growth slows in September

Dubai's non-oil private sector growth eased in September despite a sharp improvement in business conditions driven by steep expansions in output and new business, latest data shows. The seasonally adjusted Emirates NBD Dubai Economy Tracker Index ... ( read original story ...)

Uber riders in Dubai can now select electric-powered Tesla

DUBAI, United Arab Emirates — Uber is offering its customers the option to ride in one of 50 new Tesla electric-powered vehicles in Dubai, where large gas-guzzling sedans and luxury sports cars dominate the emirate’s six-lane highways. The U.S.-based ... ( read original story ...)