DUBAI / Emirates Business The UAE’s market leader in innovation, Mashreq Bank, announced the launch of MashreqPay — a digital mobile wallet providing secure easy-to-use payment for purchases, anywhere in the world where cards are accepted and the merchant terminal has NFC (near-field-communication) capability. Since 2014, when Mashreq launched the first mobile contactless payment wallet with its Tap-n-Go sticker, the ...

Abu Dhabi / Emirates Business The UAE has officially submitted its candidacy for membership into the International Maritime Organization’s (IMO) Category B during its participation in the organization’s General Meetings held in London. The plenary sessions, which was chaired by His Excellency (HE) Abdullah Belheif Al Nuaimi, Minister of Infrastructure Development and Chairman, Federal Authority for Land and Maritime Transport, ...

Dubai / Emirates Business Dubai Land Department (DLD) has released its H1 2017 Transactions Report up until June 30, through the Real Estate Research and Studies Department, announcing that total real estate transactions for this period reached a value of AED 132 billion, achieved through 35,571 sales, mortgages and other transactions. The report reveals that the market has achieved a ...