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Posted on 23/08/2019

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 …
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Posted on 23/08/2019

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 …)


Posted on 23/08/2019

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 …
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Posted on 23/08/2019

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 …
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Posted on 23/08/2019

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, …
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Posted on 23/08/2019

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 …
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Posted on 23/08/2019

Dubai-listed BLME buys $32.6m Edinburgh office building

Abu Dhabi Islamic Bank in the UK (ADIB UK) has provided financing for the Bank of London and the Middle East (BLME), to buy a AED120 million ($32.6m) Grade A office building in Scotland. The Foster …
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Posted on 23/08/2019

Luxury Dubai property prices edge upwards in Q2

Luxury property prices in Dubai registered their first rise for years during the second quarter of 2019, according to new research by Knight Frank. Prime residential values rose by 0.3 percent in the …
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Posted on 22/08/2019

Reportage Properties To Deliver 5 Projects In Next 3 Years

Reportage Properties, Abu Dhabi-based leading real estate developer, revealed that it is ready to hand over five new developments in Abu Dhabi within two to three years. “The five projects offer more …
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Posted on 22/08/2019

Seniors to have new walking buies in Abu Dhabi – News

(MENAFN – Khaleej Times) Senior citizens have been found to be among the ‘loneliest, most depressed’ people in Abu Dhabi. So, on World Senior Citizen’s Day, a government authority launched an …
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Posted on 22/08/2019

UAE businesses need to crack payment muddle

I have written earlier about the painful right sizing and reinvention of the UAE economy that is now underway — a shakeout of businesses, changing business models, paring of costs and so on.
( read original story …)


Posted on 22/08/2019

Vistara launches daily service to Dubai

“We are very excited to start our service to Dubai, a city that is home to millions of Indians, place of business for many Indian corporations and is also the most-preferred holiday destination for so …
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Posted on 22/08/2019

Narendra Modi’s economic agenda in upcoming France, UAE, Bahrain’s visit

He will also receive the ‘Order of Zayed’, the highest civilian decoration conferred by the UAE government, during this visit. Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C …
( read original story …)


Posted on 22/08/2019

Is this the UAE’s next $1bn tech unicorn?

Dubai logistics company Fetchr is a front-runner to be the next UAE technology start-up valued at $1 billion as the UAE makes progress as “a significant incubator of technology start-ups”, according …
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Posted on 22/08/2019

Sharp rise Indian businesses at Dubai Chamber

Medical expenditure in the UAE up 5.5 per cent in 2018 Image Credit: SUPPLIED Dubai: There has been an 18 per cent surge in Indian businesses signing up to be members of Dubai Chamber of Commerce …
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Posted on 22/08/2019

Vistara launches Mumbai to Dubai flight

Vistara’s Chief Executive Officer, Leslie Thng said, “We’re very excited to start our service to Dubai, a city that is home to millions of Indians and a place of business for many Indian corporations.
( read original story …)


Posted on 22/08/2019

Sharjah moves to regulate school transport systems

His Highness Dr Sheikh Sultan Bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued Administrative Decision No.17 of 2019 on the regulation of school transport activity in …
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