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Month: September 2018

Posted on 19/09/2018

Case3D expert points to tech, property trends driving UAE properties

As far as property technology is concerned, we do not feel that there is a crisis in GCC/UAE real estate. With Dubai’s adoption of technological advancements in construction and real estate that are a…
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Posted on 19/09/2018

The Dubai Business Women Council meets with the UN Assistant Secretary-General to discuss cooperation

The Dubai Business Women Council held discussions with HE Yannick Glemarec, UN Assistant Secretary-General and Deputy Executive Director for Policy and Programme in UN Women, who headed a …
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Posted on 19/09/2018

Dubai firm accused of duping Hero Exports of Rs 1.8-crore

LUDHIANA: A Dubai-based firm allegedly duped Hero Exports of Ludhiana of $247,008. Local police registered a case on Monday after a year-long inquiry into a complaint. In the complaint filed on …
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Posted on 19/09/2018

This is how Dubai Ruler brainstorms

Dubai: A new minister was sworn into cabinet on Tuesday and already, a brainstorming session swiftly took place. His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime …
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Posted on 19/09/2018

UAE central bank cuts 2018 GDP growth forecast to 2.3%

The United Arab Emirates central bank has cut its forecast for economic growth this year after non-oil growth slowed slightly in the second quarter, according to a report released by the bank on …
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Posted on 19/09/2018

UAE, Saudi, elevating their game with crypto and blockchain

In February 2017, the UAE government also announced a partnership with IBM for a blockchain trade finance project. Saudi Arabia’s National Commercial Bank (NCB) has signed up officially with RippleNet …
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Posted on 19/09/2018

Look: New photos of Dubai’s massive solar park from space

Dubai: One of Dubai’s most sustainable development projects was recently photographed from space, reflecting the vision of the emirate’s path into the future of renewable energy. The European …
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Posted on 19/09/2018

Merger to boost Bank of Baroda’s Gulf operations

The Gulf operations of Bank of Baroda (BoB), the only Indian lender with a presence in the UAE, will get stronger following its impending merger with two other public sector banks, the bank’s regional …
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Posted on 19/09/2018

UAE stocks end lower as sentiment remains sour

On DFM, Dubai Islamic Bank rose 0.97 per cent, as GFH Financial Group gained 1.48 per cent, and Drake and Scull International increased 1.24 per cent. Meanwhile, Deyaar jumped 5.44 per cent.
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Posted on 19/09/2018

Dubai’s Emaar, Emirates NBD partner for new credit cards

Dubai bank Emirates NBD has partnered with Emaar to launch new credit cards incorporating the developer’s ‘U By Emaar’ loyalty programme. The Emirates NBD U By Emaar Visa credit cards will …
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Posted on 19/09/2018

Bank branches have not outlived purpose in ATM era

According to research by Kaspersky Lab, 97 per cent of the UAE’s population carry a smart device, with 61 per cent conducting banking transactions via mobile apps. Customer demand is decisively …
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Posted on 19/09/2018

The Debt Panel: Dubai resident’s four credit cards have become a lifeline

Please can you offer a practical solution to help me solve this problem. BA, Dubai Debt Panellist 1: Philip King, head of retail banking at Abu Dhabi Islamic Bank I’m afraid you’ve fallen into the com…
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Posted on 19/09/2018

Dubai spurs GCC Corporate earnings growth

Compared to the growth rate of 6.5 per cent in 2017, corporate earnings in Dubai recorded an exceptional surge to account for 8.5 per cent of the emirate’s gross domestic product, according to data pr…
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Posted on 19/09/2018

Emerico Highlights Suite of Digitisation Technologies for the Banking Industry at the ME Banking Innovation Summit in Dubai

Innovative solutions include the V3 Cockpit Smart VTM that combines traditional ATM features with over-the-counter services Emerico, a world leader in banking and retail technology, is showcasing its …
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Posted on 19/09/2018

Emirates NBD and Emaar Partner to Introduce Dubai’s Most Rewarding Card Programme, Emirates NBD U by Emaar Visa Credit Card

U By Emaar, the customer-focused loyalty programme by Emaar, has joined hands with Emirates NBD, a leading bank in the Middle East, and the world’s leader in digital payments, Visa, to create Dubai’s …
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Posted on 19/09/2018

Destination Abu Dhabi

But no Abu Dhabi exploration would be complete without the perfect stay. Swanky luxury hotels are aplenty, but our Editor’s pick are Hilton’s properties in Abu Dhabi. Hilton is dedicated to fulfilling …
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Posted on 19/09/2018

Dubai Trade Official Talks Indiana Opportunities

In an interview with Inside INdiana Business, Al Gergawi says the message to leaders throughout the state is that Hoosier companies can “utilize Dubai’s positioning to grow their business.” World Trad…
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