Chinese companies move to Abu Dhabi industrial zone

Dubai International Financial Centre (DIFC), the leading financial hub for the $7.4 trillion Middle East, Africa and South Asia (Measa) region, has announced that in the first half of 2017 it has gro Abu Dhabi Ports inks agreement with Chinese to develop ... ( read original story ...)

Paysafecard enters UAE to enable online payments with cash

... technology innovation in line with its government’s Smart Dubai initiative to transform Dubai into the world’s smartest city, writes Paybefore (Banking Technology‘s sister publication). With Samsung, Apple and many other international technology ... ( read original story ...)

Two employees flee with Dh6.5m from Dubai currency exchange

The exchange centre was open on Monday and officials from the CID and Central Bank of the UAE were present to conduct their investigation. The officials examining the account details refrained from giving information about the case. A senior staff member ... ( read original story ...)

Mashreq launches MashreqPay banking wallet in the UAE

The advanced mobile wallet for Android phones, with unique market-first features and a best-in-class loyalty programme, is designed to work seamlessly at local and international merchant outlets. 1. UNLOCK & PAY: MashreqPay is easy to set up – any ... ( read original story ...)

FAB Wealth Sentiment Index down 1.3pc in July

he First Abu Dhabi Bank (FAB) Wealth Sentiment Index (WSI) for the UAE has decreased slightly from 1054.52 in June, to 1040.66 in July 2017, reflecting a 1.3 per cent change. The July score reflects a range of factors, including a fall in inflation ... ( read original story ...)