Dubai / WAM The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding with the Central Bank of Egypt to enhance the relationship and cooperation between both institutions and facilitate the performance of their respective supervisory tasks. Under the new agreement, the two sides will also work to promote the safety and soundness of banks in their respective ...

DUBAI / WAM Following the recent opening of its new facility at Changi Airport, marhaba, one of the world’s fastest growing passenger services providers, has expanded its lounge at Dubai International Airport Terminal 3 by 400 square metres, increasing its capacity by 50 percent. Located at Concourse “B”, the lounge now features comfortable seating for 300 guests, a spacious dining ...

Bloomberg Samsung Electronics Co. scored a victory over Sony Corp. after a major Chinese customer declared it was going with the Korean company’s camera sensors in future smartphones. On Wednesday, Xiaomi Corp. said it will turn to Samsung for a future line of its mainstream Redmi smartphones with an impressive 64-megapixel camera. That’s part of a strategic alliance under which ...