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FAB launches UAE’s first digital wallet

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Abu Dhabi / WAM First Abu Dhabi Bank (FAB), launched ‘payit’, the country’s first fully-featured digital wallet, in support of the UAE’s goal to become a cashless economy. The safe and secure service is available to anyone with a valid Emirates ID. Using ‘payit’, Emiratis and residents can send and receive money instantly 24/7, make payments through merchant partner apps, ...

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Interactive Halal map launched

Abu Dhabi / WAM Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the Emirates Authority for Standardisation and Metrology (ESMA), inaugurated the interactive Halal map, the first of its kind worldwide, on Monday in Dubai. The minister confirmed that the United Arab Emirates is currently leading global efforts to assess the size of the Islamic economy sector ...

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Cyberattacks down to 34 in January

Abu Dhabi / WAM A total of 34 cyberattacks against government and private sector entities in UAE were foiled by Telecommunications Regulations Authority (TRA) during January 2018, against 136 in the same month last year. The attacks were carried out from outside the country, 16 of which were classified as fraudulent offensives, eight as data breaches, three aimed at defacing ...

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