Tuesday 21 February 2017

UAE's Wall Street Exchange new prepaid gift card

Wall Street Exchange (WSE), UAE’s leading comprehensive money exchange service provider and a member of Emirates Post Group, has piloted a universal prepaid MasterCard gift card in UAE currency, which can be used globally where MasterCard is accepted. The Wall Street Exchan


IBM, Visa team up for payments via IoT

IBM and Visa announced the industry’s first collaboration that brings the point of sale everywhere Visa is accepted, by allowing businesses to quickly introduce secure payments for any device connected to the Internet of Things (IoT). The collaboration brings together IBM&r


US brokerage seals partnership deal with Arqaam

Auerbach Grayson & Company, a New York-based brokerage firm specialising in global trade execution and exclusive in-depth research on developed, frontier and emerging markets, said it has joined hands with Dubai-based Arqaam Capital, the specialist emerging markets investment bank, to offer


HDFC Bank picks Vizury solution for personalization

India-based private bank HDFC Bank has chosen Engage, a data and marketing platform from growth marketing technology company Vizury to help execute its personalized multi-channel engagements beginning with its website.  HDFC Bank aims to embrace the role of technology in mar


Fintech ‘will redesign GCC financial sector by 2020’

Fintech has the potential to alter financial services in the GCC by 2020, said an industry expert, adding that service is still in emerging status due to the lack of consumer confidence, issues of scale, and regulatory compliance. The fintech evolution in the GCC is being driven


Dubai on fast track to implement 10X initiative

The inaugural meeting of the council for the Dubai 10X plan, which aims to the Emirate 10 years ahead of all other cities, discussed the council’s tasks and responsibilities, as well as an action plan to implement the 10X initiative. “Building the future and preparing


DFM launches investor relations app

Dubai Financial Market Company has launched its investor relations application, which allows users to easily access the company’s financial information and various updates through their hand-held devices. Available in both Arabic and English, the application features key in


Critical illness cover ‘priority for UAE residents’

UAE residents are willing to spend more on protection against the financial impact of critical illness compared to the global average, according a report released today by insurer Zurich International Life, Middle East. In the UAE individuals are willing to pay an average of six


Dubai Holding to develop young innovative businesses

Dubai Holding, a global investment holding company, has announced the launch of Dubai Holding Future Investments LLC (DHx), a regionally-focused company, to support the growth and development of young innovative businesses in the region. DHx will leverage Dubai Holding’s ne


Bahrain EDB investment push raises $281m

Last year saw 40 new companies investing a total of BD106 million ($281 million) in Bahrain, as a result of the effortsof the Economic Development Board (EDB) was quoted as saying in a report in the Gulf Daily News, our sister publication. To read further, please visit

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