The Central Bank of UAE announced the introduction of the Direct Debit System in the UAE with effect from June 15 2013.

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Dubai Islamic Bank (DIB) will recruit and train 60 UAE Nationals as part of the EIBFS’s new “MASRAFI” Emiratisation initiative.

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Agreement is in line with the new decree empowering Dubai Chamber to provide a boost to the economy and to attract global non-profit business organisations to the emirate.

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In an exclusive interview with SME Advisor, Abdul Baset Al Janahi, CEO, Dubai SME, tells us what’s in store for the second cycle of the Dubai SME 100.

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Three of our Stars of Business award winners share their stories of struggle and accomplishment during a recent Success Series event in Dubai.

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The latest Economic Quarterly Report from the Bahrain Economic Development Board (EDB) reveals a GDP growth rate of 4.4% for 2012.

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The new app, is the first mobile baking app in the region and is currently running on the brand-new BlackBerry 10.

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Strong growth of MasterCard PayPassTM in the MENA region marked by a 28% increase in merchant locations.

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RAKBANK announced the launch of new services on its Mobile Banking platform that allow customers to conduct a wider range of banking transactions on the go via their handset.

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The forum, which will be held at the American University in Sharjah, will feature high-profile speakers and panel discussions on the Arabic Spring and its impact on the regional economy.

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