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Ahli Bank gets Moody’s Investors debut rating

Abu Dhabi / Emirates Business Ahli Bank Q.S.C. (Ahlibank) announced that Moody’s has assigned it an A2/Prime-1 deposit ratings and a baa3 baseline credit assessment. Moody’s Investors Service has assigned long and short-term, local and foreign currency deposit ratings of A2/Prime-1 to Ahlibank and a Baseline Credit Assessment (BCA) of baa3. The long-term deposit ratings carry a stable outlook. Moody’s ...

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UnionPay Int’l offers secure prepaid cards

Dubai / Emirates Business Ensuring a secure salary transfer system to the corporates in the UAE, UnionPay International has launched region’s first EMV prepaid salary cards. Through these cards, banks in the UAE can now offer workers secure and advanced payment services conforming to the country’s Wage Protection System (WPS), at economic costs. UnionPay International is a global provider of ...

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Sweden University explores research ties with Emirates

Alkesh Sharma Emirates Business Ushering in an innovative technology ‘aqua-agro’ that could ensure constant supply of land nutrients even to aquatic life, Swedish University of Agricultural Sciences is looking forward to establish research ties with the Emirates. A high-level delegation of the leading European varsity visited the UAE and held talks with various educational and research institutes in the region. ...

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