Friday 18 September 2020

Standard Chartered, launch instalment plan

Standard Chartered Bank and have announced the launch of new instalment payment plans for customers in the UAE.   The new service allows Standard Chartered credit cardholders shopping on to seamlessly convert their purchases into monthly inst


New opportunities at DIFC for prescribed firms

Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has expanded the applicant criteria for its successful Prescribed Companies regime.   The expanded Prescribed Company r


Fintech startup Salaryo raises $5.8m to back SMEs

Salaryo, a top fintech platform for US freelancers and startups, has raised $5.8 million in funding from Dubai-based private equity fund KEN Investments, Variant Investments, Techstars Ventures and Michael Ullmann’s investment group. This brings its total funding to $12 mil


World economy set to lose $12trn over two years: IMF

The world economy will lose $12 trillion this year and next year due to the pandemic, said the Managing Director  of the International Monetary Fund (IMF), adding that the majority of emerging markets and developing countries are not seeing a reversal of fortunes yet. Krista


Dubai Economy launches digital store for traders

Dubai Economy has partnered with, the region’s leading homegrown digital marketplace, to connect local startups that have a Dubai Economy’s DED Trader licence with customers across the region through its Mahali digital store. The creation of Mahali on


Dubai Chamber, Canada discuss post-Covid recovery

Dubai Chamber of Commerce and Industry and the Consulate General of Canada in Dubai recently discussed opportunities in areas such as digitalization, logistics, e-commerce, life sciences and sustainable technologies. The virtual meeting was chaired by Hamad Buamim, President and


Mastercard, NI enable sonic identity for payments

Mastercard and its strategic partner Network International (NI), a leading enabler of digital commerce in the Middle East and Africa (MEA) region, have announced an initiative to enhance digital payments in the UAE with sonic capabilities. Together, Network International and Mast


Abu Dhabi launches open data platform to boost economy

The Department of Government Support in Abu Dhabi has launched an open data platform to enable public and private sectors to exchange and share open data with users, start-ups, and academic institutions to improve public services, support decision-making, and strengthen the Abu Dhabi economy.

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