ABU DHABI / WAM The financial facilities offered by national banks to the government and public and private sectors stood at AED11.8 billion in January, boosted by increasing dynamic economic performance and activities, according to figures released by Central Bank. Figures showed accumulated balance of financing by national banks reached AED1.3 trillion. A preliminary reading of the facilities flow index ...

DUBAI / WAM Mashreq Bank on Tuesday announced its partnership with Alipay, an online and mobile payment platform operated by Ant Financial Services Group. The first-of-its-kind association with Alipay, enables Chinese customers carry out payments at merchant outlets using their Alipay digital wallets. The move reaffirms Mashreq’s position as a leader in digital payments and innovation in the UAE. Alipay ...

Abu Dhabi / WAM The Department of Culture and Tourism — Abu Dhabi has announced that it will embark on a four-city roadshow to India along with partners and stakeholders to help promote the emirate and entice even more Indianvisitors to explore and discover Abu Dhabi. The delegation, which includes representatives from Rotana Hotels, Yas Experience, Royal Arabian Destination Management, ...