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Month: March 2019

Posted on 19/03/2019

The UAE is now ranked the safest country in the world

The results of a recent survey detailed that an impressive, 96.1% of UAE residents said they felt safe enough to walk outdoors at night. According to a report Gulf News, the announcement was made …
( read original story …)


Posted on 19/03/2019

Gallery: Campus Germany at Expo 2020 Dubai pavilion

The German Pavilion at Dubai Expo 2020 will help showcase the country’s science and technology innovations and will include a first-of-its kind intelligent assistance system to help guide visitors …
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Posted on 19/03/2019

UAE- Refinitiv MENA Regulatory Summit Debates Impacts of Global Regulatory Change

… of respondents have fallen victim to financial crime in the past five years, while 87% expect their technology to develop over the next two years Dubai, UAE, March 19, 2019:Refinitiv held …
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Posted on 19/03/2019

Afghanistan- UAE, Azerbaijan ready to buy Afghan products: Ghani

UAE Crown Prince Sheikh Mohamed bin Zayed Al … sector by international companies was important and the Ministry of Finance would work on the issue.
( read original story …)


Posted on 19/03/2019

Deal signed to host T10 league for five years in Abu Dhabi

DUBAI: The Zayed Cricket Stadium in Abu Dhabi will be the new home of T10 cricket for the next five years, starting with the 2019 season. Abu Dhabi Cricket (ADC), in partnership with Abu Dhabi …
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Posted on 19/03/2019

Dubai’s biggest solar park installs battery storage system

A battery storage facility built at the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai marks the first storage system to be twinned with a PV plant at a grid-scale level in the United Arab …
( read original story …)


Posted on 19/03/2019

How Dubai’s AI cameras helped arrest 319 suspects last year

The cameras helped arrest 319 suspects in different areas in Dubai through their automatic facial recognition technology,” Al Shehi said during a presentation at the 12th international symposium …
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Posted on 19/03/2019

UAE the hub of Panama’s Middle East strategy, says ambassador

The government of Panama has adopted a new foreign policy aimed at strengthening ties with the Middle East by placing the UAE as its central hub, according to Panamanian ambassador Eduardo Fonseca. In …
( read original story …)


Posted on 19/03/2019

Banking shares see aggressive buying on government move

Dubai: Swing traders were aggressively buying banking shares in the UAE for a second day on Monday as the government decided to consolidate debts that its citizens owed to the government. Traded value …
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Posted on 19/03/2019

Emirates Islamic named most innovative Islamic bank

Emirates Islamic, the leading Islamic financial institution in the UAE, was recently awarded ‘Most Innovative Islamic Bank’ by Islamic Finance News at a ceremony held in Dubai. The Islamic Finance …
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Posted on 19/03/2019

Top UAE Bankers Affirm Continued Support For Debt Settlement Bank Initiative

Top UAE bankers have affirmed their continued cooperation with the Debt Settlement Fund Initiative, aimed at easing debt burden for UAE nationals and ensuring decent life and familial stability in the …
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Posted on 19/03/2019

UAE banks’ net interest margins expected to remain under pressure

In its UAE Banking Pulse report, the professional services firm stated that NIMs for the UAE’s biggest banks dropped by six basis points quarter-on-quarter, from 2.58 percent in Q3 2018 to 2.52 …
( read original story …)


Posted on 19/03/2019

NBAD – National Bank of Abu Dhabi UAE Trading Fund

National Bank of Abu Dhabi UAE Trading Fund is an open-end fund incorporated in the United Arab Emirates. The Fund aims to provide attractive returns over the medium term, while reducing directional …
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Posted on 19/03/2019

NBAD – National Bank of Abu Dhabi UAE Growth Fund

National Bank of Abu Dhabi UAE Growth Fund is an open-end fund incorporated in the United Arab Emirates. The Fund’s objective is to achieve capital growth. The Fund invests in a balanced portfolio, …
( read original story …)


Posted on 19/03/2019

Here’s Why Consolidation Is Required in UAE’s Banking Sector

The UAE banking industry is well-capitalised and stands on solid pillars, but still requires consolidation to emerge stronger in this competitive era by merging smaller units with major financial …
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Posted on 19/03/2019

Official figures released by Dubai Police showed a steady increase in cybercrime.

Courts across Dubai are hearing more and more cases of bank accounts being hacked and unauthorised money transfers made by replacing SIM cards. Out of the 1,406 cybercrimes recorded in Dubai in the …
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Posted on 19/03/2019

Singapore firms eye Dubai as emirate emerges as startup hub

This is evident in the sheer number of new blockchain applications across the region, including retail payments, land registry, business registration, and personal identity management,” Mr Chen said. …
( read original story …)


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