TechnologyTop StoriesDubai’s first KYC blockchain data-sharing platform goes liveGBO CorrespondentMarch 2, 2020 GBO CorrespondentMarch 2, 202002190 The platform is launched by Mashreq Bank and Dubai International Financial Centre
Top StoriesDubai Port seeks partnership with Pelindo IV to develop Ambon’s new portGBO CorrespondentFebruary 28, 2020 GBO CorrespondentFebruary 28, 202001594 Dubai Port is also interested in collaborating with Pelindo IV for the development of the Yos Sudarso Port in Ambon
Top StoriesUAE’s four largest banks’ profitability to remain strong in 2020GBO CorrespondentFebruary 27, 2020 GBO CorrespondentFebruary 27, 202001778 The combined net profit of the four banks increased 13 percent to Dh37 billion last year
Top StoriesAmerican Airlines, Qatar Airways end major spat; renew codeshare dealGBO CorrespondentFebruary 26, 2020 GBO CorrespondentFebruary 26, 202001597 The spat was caused over accusations of unfair subsidies worth as much as $25 billion
Top StoriesNigeria selects Egypt Air consortium to set up leasing companyGBO CorrespondentFebruary 26, 2020 GBO CorrespondentFebruary 26, 202001465 The decision is a part of the Nigerian government’s plan to overhaul the aviation sector in the country
Top StoriesSaudi’s telecom operators, ISPs to boost next-gen FTTH connectivityGBO CorrespondentFebruary 25, 2020 GBO CorrespondentFebruary 25, 202002456 The two parties have signed an open access agreement to ensure availability of fibre to the home services in the Kingdom
Top StoriesSaudi’s Esnad launches property management firm in BahrainGBO CorrespondentFebruary 25, 2020 GBO CorrespondentFebruary 25, 202002016 The firm will provide end-to-end consultancy services targeting individuals, investors and corporates
TechnologyTop StoriesRAKBANK to join RippleNet to drive Philippine remittance footprintGBO CorrespondentFebruary 24, 2020 GBO CorrespondentFebruary 24, 202001689 RAKBANK will work with BDO Unibank to power remittance transactions throughout the Philippines
Top StoriesPhilippines seeks partnership with Qatar on Islamic banking developmentGBO CorrespondentFebruary 24, 2020 GBO CorrespondentFebruary 24, 202001344 The partnership will help broaden the scope for new Islamic products and services in the market
Top StoriesKuwait’s new draft law to set up Shariah board for banking supervisionGBO CorrespondentFebruary 21, 2020 GBO CorrespondentFebruary 21, 202001360 All 36 MPs have voted unanimously in favour of the draft law