Belhasa Group delays IPO plans amid downturn

The Dubai-based Saif Belhasa Group of Companies, a family owned holding firm, has delayed selling its shares to the public amid the economic downturn, its chairman has told Arabian Business. The firm, …

CBD advances open finance in the UAE

Commercial Bank of Dubai (CBD) has become the first bank in the UAE to enable customers to initiate payments from accounts held with other banks directly through the CBD mobile app. The milestone …