ABU DHABI / WAM The Sharjah Finance Department (SFD) launched an e-payment service in partnership with the Emirates Identity Authority (EIDA). Now the Emirates ID card can be used to make payments for service fees for all Sharjah government departments, it was announced. The strategic agreement with Emirates ID indicates that the Department’s system is now linked to all …

  DUBAI / WAM The 1st cycle of the Mohammed bin Rashid Al Maktoum, MRM, Business Innovation Award, launched by Dubai Chamber of Commerce and Industry in cooperation with the Ministry of Economy, has resulted in the adoption of new innovative strategies among businesses in the UAE and the wider GCC region. Preparations are currently underway to host an awards …

  DUBAI / WAM Nasdaq Dubai welcomed Wednesday’s listing of US$1 billion Sukuk by Dubai Islamic Bank (DIB), on the region’s international exchange. This brings the total value of DIB’s Sukuk current listings on Nasdaq Dubai to US$4.25 billion, more than any other UAE issuer. DIB’s earlier Sukuk listings include a $1 billion listing in 2013, two listings of $750 …