Amex cardholders in Saudi can now shop with their Amex card on merchant and supplier websites that use Amazon Payment Services
DWTCA aims to expand its existing business licenses, services and incentives
The total cost of the five stimulus packages announced by the emirate’s government since the start of the pandemic amounted to Dhs7.1bn, or 1.6 per cent of Dubai’s GDP
The kingdom is looking to boost its environmental credentials
The EDB Business Banking app is free to open and has no minimum balance criteria
The traditional haven has lost 8 per cent this year
The new platform is available for both conventional and Shariah-compliant banking customers
Riyadh has been the hottest market for IPOs in the Middle East over the past two years
The plan involves Algosaibi contributing 90 per cent of its assets to paying off debts, with the rest restructured in order to carry on operating
The $1.2bn IPO by ACWA Power International had initial demand amounting to several billion dollars
DAFZA companies will also be given priority access to digital banking services through Mashreq’s NEOBiz platform, where they will be able to open instant accounts
The guidance came into effect on Monday, September 13, with licensed financial institutions being given a month to demonstrate compliance
The limited-edition cards are designed to enhance the Expo 2020 Dubai experience for both residents and visitors
The bank has executed the facility to support Amplus Energy Solutions
New contracts will include stocks of Dubai Investments, DFM Company and Shuaa Capital
Chamber members’ exports and re-exports to the GCC countries during the first eight months of the year increased 16.4 per cent year-on-year to Dhs79.6bn
A total of 492 new companies joined the financial centre in the first half of the year
With the new office, Mashreq now operates in 13 countries, including the UAE
Overall deal activity in the region continued its upward trend with 307 deals in the first half of the year
The exchange plans to launch single stock futures and index futures in the fourth quarter of 2021
A total of 34 NMC group companies will exit administration and transfer to a new NMC group
The directive aims to enable retail investors to avail of its investment opportunities, and promote their participation
The Dubai Financial Market also said Saturday it will extend trading time to five hours daily as of October 3
As an asset class, private equity continues to perform robustly, with venture capital seeing a standout year on the back of enthusiasm for technology and healthcare
Standard Chartered Bank acted as sustainability coordinator on the loan
The South Korean company Hugel mainly produces beauty goods
Parents can open an Amwali account from their mobile phones through the ADIB mobile app
The emirate’s mortgage market has seen significant changes in the past few years, making it more accessible and attractive
The inclusion is expected to attract more foreign investors into ADNOC Distribution shares
Bitcoin has recovered after trading in a range of about $30,000 to $40,000 for many weeks