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DFSA signs MoU with Central Bank of Oman

DUBAI / WAM The Dubai Financial Services Authority (DFSA), and the Central Bank of Oman signed a Memorandum of Understanding (MoU), to cooperate in the supervision and authorisation of firms operating in both markets. The MoU was signed in the Dubai International Financial Centre by Bryan Stirewalt, Managing Director, Supervision of the DFSA, and Tahir bin Salim bin Abdullah Al ...

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Kizad, Shaheen Chem ink deal to build $1bn chemical facility

Abu Dhabi / WAM Khalifa Industrial Zone of Abu Dhabi (KIZAD), and Shaheen Chem Investment LLC announced the signing of an agreement for the land lease of a two-phase chemical complex in the industrial zone with an expected investment of AED4 billion ($1 billion). The plant will support the UAE’s growing chemical manufacturing sector as well as supply major industrial ...

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Noor Bank marks innovation month with redesigned credit, debit cards

Dubai / Emirates Business Noor Bank, a leading Shari’a-compliant bank in the UAE, marked the UAE Innovation Month with its announcement on Sunday of the launch of its redesigned credit and debit cards. The cards unlock a world of innovation, convenience and best-in-class security, while offering a whole new suite of first-in-market benefits. Inspired by modern art and Islamic heritage, ...

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