ABU DHABI / WAM The UAE government, in cooperation with the World Economic Forum (WEF) on the Middle East and North Africa (Mena), has become first signatory to the ‘Scale 360’ initiative, which aims at moving towards a more circular economy while using less natural resources and reducing pollution to tackle climate change. This step reaffirms the UAE’s position as …

Dubai / Emirates Business Emirates Islamic announced the launch of chat banking services for customers via WhatsApp, marking a global first in the Islamic banking sector. The bank’s customers will now able to conduct daily banking activities via WhatsApp in a seamless and hassle-free manner. The Chat Banking solution, supported by Infobip, further enhances Emirates Islamic’s suite of digital banking …

Bloomberg Etihad Airways PJSC is seeking a loan of about $600 million to help make initial payments for planes, according to people familiar with the matter. Abu Dhabi’s state-owned carrier is arranging the loan on its own and has reached out to banks that may be willing to provide the unsecured facility with maturity of one or two years, said …