ABU DHABI / WAM The UAE Banks Federation announced that the MoU regarding the ownership and operation of the mWallet platform has been signed by all 16 UAE equity partner banks in the entity. The mWallet platform, which is the financial component of the UAE Smart Government initiative, or the mobile wallet, was initially unveiled in 2014 as an ...

  Dubai / EMIRATES BUSINESS Emirates Islamic, one of the leading Islamic financial institutions in the UAE, on Tuesday announced that it successfully closed a US$ 250 million tap of its earlier US$ 750 million 5-year Sukuk issued in May 2016. This is under the bank’s US$ 2.5 billion Certificate Issuance Programme. The tap generated an order book of US$ ...

Dubai / EMIRATES BUSINESS The Smart Dubai Office hosted 30 MBA students from the International Institute of Management Development (IMD), Switzerland for an interactive Smart Dubai workshop held at His Highness the Ruler’s Court yesterday. The one hour workshop included HE Dr Aisha Bin Bishr, Director General of the Smart Dubai Office sharing an overview of the office, its current ...