The Dubai Financial Services Authority (“DFSA”) has signed a Memorandum of Understanding (“MoU”) with Morocco’s Bank Al Maghrib to cooperate in the authorisation and supervision of banks operating in the Dubai International Financial Centre (DIFC) and the Kingdom of Morocco. The MoU was signed by the Chief Executive of the DFSA, Bryan Stirewalt, and Abdellatif […]
Banque du Caire, BDC, has launched its new representative office in the UAE
Rotana, a private hotel management company in Abu Dhabi, will pilot a direct distribution agreement with Airbnb in Dubai, even as it seeks opportunities for expansion in Syria, Africa and eastern Europe, according to its acting chief executive. The agreement with Airbnb, which operates an online marketplace for the hospitality sector based on voluntary listings, […]
The third session of the Joint Economic Committee between the UAE and Uzbekistan was held recently in Tashkent, the Uzbek capital.
FinTech Hive at Dubai International Financial Centre (DIFC), the region’s first and biggest FinTech accelerator and hub, signed three new agreements with FinTech hubs –FinTech Saudi, Milan’s FinTech District and FinTech Istanbul during the second edition of the Global Financial Forum in Dubai.
Abu Dhabi Airports Free Zone, ADAFZ, has reduced business setup costs by more than 65 percent, with the aim of improving customer satisfaction, enhancing its regional competitiveness and attracting new sources of Foreign Direct Investment, FDI. The business setup cost reduction also supports the government of Abu Dhabi’s latest initiatives aimed at strengthening the competitive […]