Thursday 1 September 2016
 
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Chinese teen hitches a ride to Dubai in Emirates cargo hold

A 16-year-old stowaway was caught hiding in the cargo hold of an Emirates passenger jet that had flown from Shanghai to Dubai, said a report. The Chinese teenager, who is in the custody of the Dubai police, said he was hoping to m

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Money top motivator for young GCC nationals

Money proved the most influential motivator for young GCC nationals, according to the latest GCC Employment Reports from Oxford Strategic Consulting, an Oxford and GCC based consultancy that specialises in building human capital across the GCC a

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Transfast expands into Turkey

Global funds and payments transfer company Transfast is expanding into Turkey through a partnership with Universal Payment Transfer (UPT), a Turkish money transfer brand, it was announced today. The partnership enables Transfast custome

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No more ‘free’ Saudi money for Egypt

Saudi Arabia's financial support for strategic ally Egypt will no longer involve ‘free money’ and will increasingly take the form of loans that provide returns to help it grapple with low oil prices, a Saudi businessman familia

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Shrinking Saudi money supply points to slowing economy

Saudi Arabia's money supply shrank in February for the first time in more than a decade, central bank data showed on Tuesday, in a fresh sign the economy of the world's largest oil exporter is slowing sharply because of depressed oil pri

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Shrinking Saudi money supply points to slowing economy

Saudi Arabia's money supply shrank in February for the first time in more than a decade, central bank data showed on Tuesday, in a fresh sign the economy of the world's largest oil exporter is slowing sharply because of depressed oil pri

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20pc increase in money laundering cases in Bahrain

There was a 20 per cent increase in suspicious financial transactions reported in Bahrain last year compared to 2014, according to a special unit that monitors money laundering cases. A total of 1,044 suspicious transaction reports (STRs) were

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Western Union, Viber in cross-border money transfer deal

The Western Union Company, a leader in global payment services, and Viber, a leading mobile messaging app, has signed an agreement to offer a fast and simple way to send money to friends and family virtually anywhere in the world from the conv

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Western Union, Viber in cross-border money transfer deal

The Western Union Company, a leader in global payment services, and Viber, a leading mobile messaging app, has signed an agreement to offer a fast and simple way to send money to friends and family virtually anywhere in the world from the conv

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DMCA to highlight Dubai Maritime Sector Strategy

The Dubai Maritime City Authority (DMCA) is gearing up to take part as the corporate sponsor in the 12th Marine Money Gulf Ship Forum to showcase the latest achievements of the Dubai Maritime Sector Strategy (MSS).  

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