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Abu Dhabi unveils government digital payment platform

ABU DHABI / WAM The Abu Dhabi Smart Solutions and Services Authority (ADSSSA) formally launched its ‘Abu Dhabi Government Digital Payment platform’ (ADPay) at GITEX Technology Week 2018. Launched in collaboration with the First Abu Dhabi Bank (FAB), the platform is a testament to the ADSSSA’s support for the Abu Dhabi Digital Transformation Program’s effort to build a sustainable and ...

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SIB nine-month profit up 10.5%

SHARJAH / WAM Sharjah Islamic Bank (SIB) announced robust financial results despite economic challenges for the first nine months of 2018 declaring net profits at AED397.7 million compared to AED360 million declared during the same period last year, showing a 10.5% increase. Total assets of the Shariah-compliant bank reached AED44 billion at the end of September 2018 compared to AED38.3 ...

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Deal signed to enhance trade between UAE, Italy

Dubai / Emirates Business Etihad Credit Insurance (ECI), the UAE Federal export credit company, and SACE, the Italian export credit company (CDP Group), have signed a Memorandum of Understanding (MoU) to enhance business opportunities between the Unit-ed Arab Emirates and Italy, as part of the 6th meeting of the UAE-Italy Joint Economic Committee held in Rome, Italy. Under this MoU ...

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