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Month: December 2017

Posted on 05/12/2017

250 credit card customers in Dubai affected

Credit card details of many UAE residents have been stolen and the central bank has asked financial institutions to inform customers and cancel the cards. “Please note that these details have been compromised and thus, contact the persons mentioned in the …
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Posted on 05/12/2017

Dubai Islamic Bank’s “Double Your Salary” Promotion is a Winner!

Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, hosted the second monthly draw of its latest promotion, “Double Your Salary. Double Your Joy”. The second monthly draw was held at the Etihad Mall branch in Muhaisnah-1 and officiated by …
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Posted on 05/12/2017

Central Bank gold holdings amount to Dhs1.129b

ABU DHABI: The UAE Central Bank’s reserve of gold bars amounted to Dhs1.129 billion by the end of October 2017, a growth of 11.2 per cent from Dhs1.015 billion by the end of 2016. The month of April 2017 saw the CB resuming gold holdings after eight …
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Posted on 05/12/2017

Head of IT Infrastructure – Banking – Michael Page International (UAE) Limited – Dubai Jobs

This role has 3 core focus areas – Operational Delivery of the infrastructure tier for the Enterprise, integrating the application and infrastructure services to ensure business service availability and embracing new ways of working with infrastructure …
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Posted on 05/12/2017

UAE’s investment momentum set to play strong role into 2018

… data for the second half of 2017 on the UAE economy point to of a gradual build-up in non-oil economic momentum in 2017 though headwinds remain, according to data compiled by Abu Dhabi Commercial Bank’s (ADCB) Economic Research. “A key driver is …
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Posted on 05/12/2017

The rise of an app that helps UAE nannies save, invest and borrow

It is licensed as a payments services provider by the Dubai Economic Department and is able to offer banking services by partnering with Sharjah-based United Arab Bank, which holds the deposits. But Rise wants to do more than just offer banking services to …
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Posted on 05/12/2017

Network and Voice Infrastructure Manager – Banking – Michael Page International (UAE) Limited – Dubai Jobs

This role will focus on all Network & Voice products with end to end responsibility of the platform ownership across whole of business. This role will be accountable for the overall platform operational stability and will lead the products engineering …
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Posted on 05/12/2017

UAE refutes Houthi missile claims, reassures confidence among citizens

The UAE National Emergency Crisis and Disaster Management Authority … According to Bloomberg, the Yemeni conflict has caused serious financial pressures at a time when oil prices are low and have led to a $200bn decline in Saudi net foreign assets …
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Posted on 04/12/2017

Solar panels on skyscrapers not so farfetched

Dubai has just launched the world’s largest concentrated solar power project, and following two world records set in Dubai and Abu Dhabi last year, the cost of solar energy is also expected to reach record lows this year. Solar energy is at the brink of …
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Posted on 04/12/2017

Dubai volunteers work for tens of thousands of hours

Aside from individual volunteers, there were also 171 companies in Dubai that registered with CDA this year to give back to the community. Hana Bakkar Al Harthi, Director of the Social Cohesion Department at CDA, earlier told Gulf News that CDA is …
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Posted on 04/12/2017

Sharjah named Guest of Honour at Bologna book fair

Sharjah: Sharjah has been named Guest of Honour at the 57th edition of the Bologna Children’s Book Fair in 2020, often regarded as one of the most prestigious children’s book fairs in the world, the Sharjah Book Authority (SBA) announced on Monday. The …
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Posted on 04/12/2017

Nile Property Expo 2017 Set to Host Egypt’s Power Crowd in Abu Dhabi

Nile Property Expo – Abu Dhabi 2017 brings Egypt’s government officials and real estate institutions together to showcase the country’s latest property development and investment options in one of the biggest platforms in the UAE. Expo Republic …
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Posted on 04/12/2017

Dubai’s community malls keep playing catch-up

Dubai: In Dubai, community malls will always be playing catch-up to the hyper-malls. Even with Dubai’s resident base growing at 5 per cent annually, “we expect to see a shortage of neighbourhood centres and community malls,” states a new report from …
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Posted on 04/12/2017

London Tech Week Academy to Host 5-Day Innovation Mini MBA Course in Dubai

The 5-Day programme will also provide an ideal networking platform for like-minded business leaders across diverse roles such as product, digital, sales, marketing, finance and operations. Ammar Al Malik, Executive Director of Dubai Internet City …
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Posted on 04/12/2017

Dubai teen creates app to monitor teacher punctuality

In an interview, Chanda Keswani, headmistress of primary school at DPS Dubai, told Gulf News COP has been operation on school grounds for the past academic year, and the supervisors call it a boon. “Suppose earlier it was taking seven minutes [to send a …
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Posted on 04/12/2017

Dubai hotel group Jumeirah to open Bahrain hotel

Dubai Holding-owned hotel group Jumeirah has announced plans to operate its first property in Bahrain through an agreement with investment conglomerate Seven Holdings. Jumeirah Royal Saray – Bahrain is scheduled to open on February 27 next year. It will …
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Posted on 04/12/2017

Dubai Police introduce Apple SmartPay for payments

… to bring all services online to help Dubai become a Smart City where all services are paperless. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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