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UAE among top Islamic fintech start-up hubs

DUBAI / WAM The UAE has been ranked as one of the world’s top Islamic fintech hubs with the country home to 12 start-ups specialising in this field, a new analysis from the Dubai Chamber of Commerce and Industry has revealed. The analysis, based on recent data from IFN Fintech, ranked the UAE fourth globally as an Islamic fintech hub. ...

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Lion Air crashes into sea with 189 on board

Bloomberg A Boeing Co. 737 Max jet, operated by Indonesia’s Lion Air, crashed in the Java Sea with 189 people on board, making it the model’s first accident and potentially the worst commercial aviation disaster in three years. Flight JT610, an almost brand new 737 Max 8, took off from the capital Jakarta at 6:20 am local time on Monday ...

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Dubai Maritime Cluster, Panama boost cooperation

DUBAI / WAM The Dubai Maritime Cluster Office of the Dubai Maritime City Authority (DMCA) announced the signing of a new memorandum of understanding (MoU) with the Maritime Cluster of the Panama Maritime Authority, reflecting another important addition to Dubai’s strategic partnerships with the world’s leading maritime communities. The MoU aims to enhance bilateral cooperation across maritime research, training, consul- ...

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