Abu Dhabi / WAM Saif Mohammed Al Hajeri, the Chairman of the Department of Economic Development — Abu Dhabi, and Park Kang-Ho, Ambassador of South Korea to the UAE, discussed with him ways to create more investment opportunities in a number of economic sectors related to advanced knowledge and technology. During the meeting, they hashed out the development of economic ...

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 ...