Bloomberg A group of investors led by Emaar Properties PJSC Chairman Mohamed Alabbar and Saudi Arabia’s sovereign wealth fund will each contribute $500 million to an e-commerce venture to tap the Middle East’s fast-growing online retail market. E-commerce firm Noon will go live in January and provide 20 million items for customers, Alabbar said at a news conference in ...

  ABU DHABI / WAM The Department of Economic Development – Abu Dhabi (ADDED) has signed separate service level agreements concerning investor services with a number of government departments. ADDED signed agreements with Abu Dhabi National Oil Company, the Department of Municipal Affairs and Transport, Abu Dhabi Securities Exchange, Mubadala Development Company, the Emirates Nuclear Energy Corporation, the Media Zone ...

  DUBAI / WAM The issues and challenges facing the region’s banking industry were under the spotlight at the Middle East Banking Forum 2016, which took place on Monday at The St Regis Corniche Abu Dhabi. Hosted by the UAE Banks Federation (UBF) in association with The Banker, and held under the theme, “Transforming the Customer Experience”, the forum brought ...