CBE launches Instant Payment Network, its mobile app ‘InstaPay’
The Central Bank of Egypt (CBE) announced the official launch of the Instant Payment Network and “InstaPay” mobile application on…
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Al Maryah Community Bank launches new digital service
Al Maryah Community Bank (Mbank) announced the launch of its new digital service for issuing an investor number in the…
Abu Dhabi hospital operator NMC Healthcare comes under new ownership led by ADCB
After nearly two years, Abu Dhabi hospital operator NMC Healthcare is finally emerging out of court-appointed administration. This means…
Qatar exploring CBDC as it digitizes payments
Qatar is exploring a central bank digital currency (CBDC), a top official at the country’s central bank has revealed. The…
Gulf states adopting data and AI but ‘more action’ needed
Experts have said data is the new oil, which should provide an impetus to Gulf states to further protect this…
Rising public demand set to drive Islamic banks growth: Bahrain
Rising public demand for Islamic products and the expected improvement in operating environment is set to drive growth in Bahrain’s…
Eastern Caribbean Court of Appeal enforces Qatari Royal Family oral will and holds that BVI shares are movable property
A judgment, regarding issues of res judicata and the enforcement of a foreign oral will over BVI shares, and of…
Dubai's DMCC to install solar panel parking shades across JLT district
DMCC – the world's flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, and Master Developer…
Saudi Arabia's land bridge project costs 'to hit $26bln'
A land bridge project, which will link the western and eastern parts of the kingdom, could see costs spiral to…
As rouble plunges, wealthy Russians could boost Dubai property – S&P
Wealthy Russians looking for new investments away from the deteriorating rouble could boost demand for Dubai’s real estate, which is…
Dubai sets sights on Latin America as key region for $544bln trade
Latin America (LATAM) is set to become a “key focus” for Dubai in the coming years as the emirate looks…
Fines up to Dh1 million for breach of UAE's new Labour Law, warn lawyers
Six weeks ago, a raft of new labour laws came into force in the UAE – the first substantial update…