UAE – Total foreign assets of the Central Bank of the UAE (CBUAE) rose by 11.1% year-on-year or AED 37 billion in at the end of July, a survey conducted by Mubasher showed. The bank’s foreign assets ... ( read original story ...)
DEWA opens up investment prospects at WETEX, Dubai Solar Show
Dubai Electricity and Water Authority (DEWA) will host the 21 st Water, Energy, Technology, and Environment Exhibition (WETEX) and the 4 th Dubai Solar Show under the umbrella of the Greenweek, from ... ( read original story ...)
UAE-India business ties get a boost
This visit of the Indian Prime Minister to accept the Order of Zayed (the UAE’s highest civilian Award) is significant, both for having been conferred uniquely during Shaikh Zayed’s Centenary ... ( read original story ...)
Hindu temple in Abu Dhabi to celebrate Janmashtami
Dubai: The first-ever Hindu temple coming up in Abu Dhabi will mark the festival of Janmashtami on Friday, and devotees are hoping Indian Prime Minister Narendra Modi, who is paying a state visit to ... ( read original story ...)
Noor Bank collaborates with Unionpay international to launch EMVCo QR-based mobile payment solution
Dubai-UAE: Noor Bank, one of the leading Shari’ah-compliant banks in the UAE, has partnered with UnionPay International, the world’s largest payment scheme, to inaugurate the bank’s first and only ... ( read original story ...)
National Bank of Bahrain still weighing up Bahrain Islamic offer
Union National Bank and Al Hilal Bank in the UAE. Dubai Islamic Bank, the biggest Sharia-compliant lender in the country, is in the process of taking over its smaller rival Noor Bank, while National ... ( read original story ...)
Thushar Vellapally arrested in UAE
A bank cheque was given to Nazil to settle this. The case relates to this cheque which had not mentioned a date. Though Keralite lawyers in UAE and social activists in the country intervened for ... ( read original story ...)
Invest Bank resumes trading on ADX
Omran Abdullah Omran Taryam, Vice Chairman of the Bank welcomed the Government of Sharjah as a strategic shareholder, saying, “As a proven and dynamic investor in the UAE banking sector, the ... ( read original story ...)
Beijing’s Belt and Road plans could boost the Islamic banking sector
"The Belt and Road is about supporting infrastructure development and economic growth," said Adnan Chilwan, chief executive of Dubai Islamic Bank, the UAE's biggest Sharia-compliant lender by assets, ... ( read original story ...)
UAE’s AI Minister to inaugurate Artelligence Forum in Dubai
head of Applied Sciences Business Integration - Lloyds Banking Group (UK); along with expected participation from the Prime Minister's Office, Telecommunications Regulatory Authority, Ministry of ... ( read original story ...)