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RAKBANK joins hands with Invoice Bazaar for supply chain finance

RAS AL KHAIMAH / Emirates Business The National Bank of Ras Al-Khaimah (RAKBANK) announced a strategic partnership with Invoice Bazaar, a FinTech Supply Chain Finance platform in the United Arab Emirates. The partnership allows RAKBANK to participate as a ‘Receivable Purchaser’ on Supply Chain Finance transactions originated by Invoice Bazaar on its platform. RAKBANK is the first bank in the ...

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Rasasi first half sales up 4%

DUBAI / Emirates Business Rasasi Perfumes, one of the leading perfume brands in the Middle East, has recorded strong sales growth in the first half of 2017 and claims more than a 25 percent share of all fragrance sales among the GCC–based manufacturers. Compared to the same period last year, Rasasi has achieved a four percent rise in sales in ...

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TCA Abu Dhabi-Emirates Heritage Club deal to preserve national heritage

Abu Dhabi / WAM Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) and the Emirates Heritage Club have signed a Memorandum of Understanding (MoU) to protect, preserve, and revive national heritage, as part of a coordinated strategy to bolster Abu Dhabi’s position as a global cultural tourism destination. The MoU establishes a mutual communication and cooperation channel between the ...

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