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‘Falcon Eye’ system launched in Abu Dhabi

  ABU DHABI / WAM The Abu Dhabi Monitoring and Control Centre (ADMCC) announced the launch of the ‘Falcon Eye’ system throughout the city of Abu Dhabi, including Abu Dhabi International Airport, the main islands, and Bani Yas and Musaffah areas. The system is a complete central system that receives a live feed from visual surveillance equipment installed across the ...

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Mashreq & Arab Bank arrange AED1,050mn facilities for Bahrain Int’l Airport Project

  Dubai / Emirates Business Leading financial institution, Mashreqbank psc (Mashreq) announced successful coordination of a BHD 107 million (AED 1,050 million) contracting facility for financing the bonding and working capital requirements of the Arabtec Construction LLC (Arabtec) and TAV Tepe Akfen Yatirim Insaat ve Isletme A.S. (TAV) joint venture (JV) in support of the JV’s main works contract for ...

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Digital payments to generate $2trn in revenue by 2020

  Dubai / Emirates Business GITEX Technology Week 2016 will welcome an exceptional line up of finance and technology experts, including James Barrese, formally CTO of PayPal, and Andres Wolberg-Stok, Global Head of Emerging Platforms and Services from Citi to shed light on the state of FinTech (technology-enabled banking and finance). FinTech solutions are transitioning from startup offices to the ...

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