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Month: September 2018

Posted on 28/09/2018

UAE universities retain presence in THE World University Rankings

All four UAE universities listed very highly for their international … Formed through the merger of the original Khalifa University with the Masdar Institute of Science and Technology and the Petrol…
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Posted on 28/09/2018

Carrefour launches new scan&go tech in Dubai supermarkets

Hani Weiss, CEO, and Miguel Povedano, chief operating officer of Carrefour UAE, said the new technology at Carrefour in City Centre Mirdif allows customers to scan and bag the items they wish to purch…
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Posted on 28/09/2018

Look: Stephen Hawking-inspired pavilion at Dubai Expo 2020

Dubai: The excitement for Dubai Expo 2020 is … for producing large-scale performative sculptures that blend together technology and poetry. One of his notable woks is the interactive Fifth …
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Posted on 28/09/2018

Dubai, Japan sign agreement on financial tech

27 (Xinhua) — Financial service authorities of Dubai, United Arab Emirates (UAE) and Japan have signed an agreement about cooperation on financial technology (FinTech), said an official statement on …
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Posted on 28/09/2018

UAE increases petrol prices for October

The UAE on Thursday revised the fuel prices for the month of October … Microsoft More from Khaleej Times Technology at heart! CBSE Grade 10, 12 board exams to begin in February 2019 Video: Massive f…
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Posted on 28/09/2018

Dubai’s Swarovski-inspired tower nears completion

Sparkle Towers, a residential project being built in Dubai Marina in a deal with crystal giant Swarovski, is nearing completion, according to project advisors. Recently-founded Devmark, a business cre…
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Posted on 27/09/2018

UAE raises benchmark rate by 25 basis points following Fed increase

The Central Bank of the UAE raised its benchmark interest rates by 25 basis points following a rate hike by the US Federal Reserve, which indicated further moves are likely this year and next. The UAE …
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Posted on 27/09/2018

Sharjah could be considering a three-way banking merger

Invest Bank and United Arab Bank (UAB) reinforces the consolidation already underway in the UAE’s crowded banking industry. About 50 banks operate in the UAE with a population of about 9 million …
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Posted on 27/09/2018

UAE central bank raises interest rates by 25 bps

The UAE central bank (CBUAE) said on Wednesday it was raising its repo rate by 25 basis points, and also raising interest rates on the issuance of its certificates of deposit in line with the increase …
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Posted on 27/09/2018

UAE’s Bank of Sharjah, Invest Bank, UAB in merger plan

The Sharjah government is weighing a merger between three of the emirate’s banks that could create a lender with about Dhs66.2bn ($18.0bn) of assets, sources aware of the matter told Reuters.
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Posted on 27/09/2018

3rd Fintech Summit in Dubai set for Oct 30

The UAE, and Dubai in particular … Operations and Technology, Mashreq Bank. Digital disruption is unavoidable. It’s happening because multiple technologies are rapidly evolving all the time. While t…
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Posted on 27/09/2018

Emirates NBD preps WhatsApp banking services

Emirates NBD, a leading bank in the region, announced today that it will soon launch customised banking services via WhatsApp in the UAE. The bank, a front-runner in digital banking innovation, is the …
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Posted on 27/09/2018

Emirates NBD lifts Dubai, rest of Gulf modestly firmer

Sept 27 (Reuters) – A leap by Dubai’s biggest bank boosted the stock market index sharply on Thursday while most Gulf bourses registered only marginal gains. The Dubai index closed up 1.8 percent, its …
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Posted on 27/09/2018

Dubai index outperforms emerging markets amid Fed hike

Most of the strength to the Dubai index came about due to buying in Emirates NBD, Dubai Islamic Bank (DIB) and Emaar Properties. “The Fed rate decision is broadly positive for all banks …
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Posted on 27/09/2018

Sharjah student wins 3rd Arab Reading Challenge

Dubai: Shamsa Jasim Al Naqbi, a grade 11 student at Um omara Secondary School Sharjah, has been declared the winner of the third Arab Reading Challenge 2018 across the UAE. She beat more than …
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Posted on 27/09/2018

Abu Dhabi to host Tolerance Cricket Cup in October

Abu Dhabi: The Tolerance Cricket Cup 2018 will start in Abu Dhabi from October 4, the organisers announced on Wednesday. Sixteen teams comprising 300 players from more than 20 nationalities will …
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Posted on 27/09/2018

Japan guest of honour at Sharjah book fair

Sharjah: Japan has been announced as this year’s guest of honour at Sharjah International Book Fair (SIBF), which will run from October 31 to November 10 at Expo Centre Sharjah. SIBF’s …
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