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Credit-card rewards war crimps bank profits

  Bloomberg A rewards war that’s helped U.S. credit-card customers amass points for perks or cash proved costly in the latest quarter for some of the nation’s biggest banks. That may signal fresh pain at American Express Co. Issuers have sweetened rewards, cut fees and sought to improve services to lure customers, making it tougher to grow profits. In the ...

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ADGM registers robust growth in first year

  Abu Dhabi / Emirates Business Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, has announced that it has registered and licensed close to 160 companies from a broad range of industries and sectors in its first year of operations. This achievement sets another new milestone in ADGM delivering on its ambition to support Abu Dhabi’s ...

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TCA Abu Dhabi takes part in Frankfurt Book Fair

  Frankfurt / Emirates Business As part of promoting Abu Dhabi’s culture and tourism potential globally, Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) is participating in the Frankfurt Book Fair in Germany from October 19-23. At the Fair, a meeting was held between TCA Abu Dhabi and the State Administration of Press, Publication, Radio, Film and Television of ...

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