Category Archives: Business & Investments

Business & Investments

UBF CEOs Council Enhances UAE Banking Resilience

UBF CEOs Advisory Council Reaffirms Commitment to Reinforce Banking Sector’s Resilience and Capabilities

Abu Dhabi- Dubai, United Arab Emirates, 10 April 2026:

The CEOs Advisory Council of the UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, held its first quarterly meeting on April 8, 2026, chaired by His Excellency Abdulaziz Al Ghurair, Chairman of UBF, to review the banking and financial sector’s performance, and discuss developments,  initiatives, and plans of UBF to develop the financial and banking sector during 2026.

The meeting commended the Comprehensive Financial Institution Resilience Package, approved by the Board of the Central Bank of the United Arab Emirates (CBUAE), chaired by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of CBUAE, reaffirming  UBF’s  commitment to working closely with all relevant stakeholders to enhance the resilience and capabilities of the banking and financial sector, and to reinforce its stability and strength.

Continue reading UBF CEOs Council Enhances UAE Banking Resilience →
Business & Investments, Technologies

CBUAE Certifies MBME Pay as Licensed Payment Provider

CBUAE Grants MBME Pay Coveted Payment Service Provider License

Abu Dhabi, UAE – April 9. MBME Pay Payment Services Provider – Sole Proprietorship L.L.C. (“MBME Pay”), a wholly owned subsidiary of MBME Group PJSC, has received its Payment Service Provider license (Category 3) from the Central Bank of the UAE (CBUAE) to conduct Merchant Acquiring and Payment Aggregation activities.

This license elevates MBME Pay into an exclusive group of fully regulated payment service providers in the UAE, reinforcing the company’s role at the heart of the country’s digital payments transformation. It reflects the strength of MBME Pay’s infrastructure, its rigorous compliance framework, and its strategic ambition to power the next generation of digital commerce.

Continue reading CBUAE Certifies MBME Pay as Licensed Payment Provider →
Business & Investments

DIFC’s Commitment to Business Resilience in Dubai

Dubai, UAE; 9 April 2026: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, is introducing a targeted package of temporary economic support measures to assist its business and retail community as the region emerges from the current environment.

Effective immediately, the initiatives are designed to ease short-term operational and financial pressures.

Continue reading DIFC’s Commitment to Business Resilience in Dubai →
Business & Investments

Dulsco Group Appoints Mick Satsangi as CEO for Environmental Excellence

Dulsco Group Announces Corporate Sustainability Champion Mick Satsangi as Chief Executive Officer of Dulsco Environment

Dubai, UAE – 9 April 2026: Dulsco Group has announced the appointment of Mick Satsangi as Chief Executive Officer of Dulsco Environment as he brings more than 20 years of international leadership experience across waste management, environmental operations and circular economy transformation in Australia, New Zealand and the Middle East.

Dulsco Group has announced the appointment of Mick Satsangi as Chief Executive Officer of Dulsco Environment

Continue reading Dulsco Group Appoints Mick Satsangi as CEO for Environmental Excellence →
Business & Investments, Fashion & Trends, Shopping & Promotions

Primark Opens New Store in Dubai: City Centre Mirdif

PRIMARK OPENS ITS SECOND DUBAI STORE AT CITY CENTRE MIRDIF IN PARTNERSHIP WITH ALSHAYA GROUP

  • Primark has officially opened its second store in Dubai at City Centre Mirdif, marking the brand’s continued expansion in the UAE just two weeks after its successful debut at Dubai Mall.
  • In partnership with Alshaya Group, Primark is set to open a third Dubai store at Mall of the Emirates later this spring, followed by Bahrain and Qatar later this year.

Kuwait | 9 April 2026 10:00 GST: Primark, the international fashion retailer known for its affordable fashion and everyday essentials, has officially opened its second store in Dubai in partnership with Alshaya Group, at City Centre Mirdif. Arriving just two weeks after Primark’s highly anticipated UAE debut at Dubai Mall, this second store opening highlights the brand’s ongoing commitment to the region.

The opening was marked with a ribbon-cutting ceremony attended by Ghansham “G” Pindoria, Vice President of Primark Middle East, alongside Andre Melo, Managing Director, UAE Majid Al Futtaim Malls, Huda Almazmi, Associate Director of City Centre Mirdif, and Mohammed Feras Arayqat, VP Retail Calendar and Promotions at Dubai Festival Retail Establishment, who together celebrated the continued growth of Primark in Dubai.

Continue reading Primark Opens New Store in Dubai: City Centre Mirdif →