UAE banking sector reports another soft quarter

Dubai: The UAE banking sector reported another soft quarter with a general decline in earnings driven by higher credit costs, somewhat higher provisioning while most banks say the worst is behind them. Amid the overall subdued trend in credit growth and ... ( read original story ...)

Blockchain to revolutionise UAE’s financial services

Dubai: Blockchain technologies have the potential to revolutionise the rapidly growing financial services sector in the UAE and broader GCC region, according to a new report from Booz Allen Hamilton, titled Blockchain: Application to Financial Services in ... ( read original story ...)

Legoland Dubai opening: What you need to know

Siegfried Boerst, the general manager of Legoland Dubai, told Gulf News tabloid! that visitor feedback was “very positive” during the two-day soft launch on Friday and Saturday. “It’s really great to see children smiling and families enjoying ... ( read original story ...)

Drone intrusion shuts down Dubai, Sharjah airports

The delay caused flight delays confirmed a Dubai Airport spokesperson in a statement sent to Gulf News. “Airspace around Dubai International was closed from 1925 hrs to 2045 hrs on Saturday due to unauthorised drone activity resulting in the diversion of ... ( read original story ...)

Dubai adds partnerships to bring in more Chinese visitors

Dubai has stepped up its game to grab more Chinese visitors by partnering with major tourism and financial services companies while adding more Chinese employees to the roster at Dubai Duty Free. The emirate had more than 14.2 million overnight visitors ... ( read original story ...)

‘Dubai Week in China’ comes out with 11 agreements

Already, Dubai Chamber of Commerce and Industry has announced the opening of an office in Shanghai. No date has been given for the opening of the office. But Shirawi explained in an interview with Gulf News that the Shanghai office will join other offices ... ( read original story ...)

UAE: Over 2m cans collected

Dubai: More than 2 million cans were collected across the UAE on Saturday as part of a nation-wide collection drive, the biggest so far in the UAE, which saw hundreds of companies, schools and families joining hands to boost recycling. The Emirates ... ( read original story ...)

Dubai, Sharjah airports briefly closed due to drone intrusion

The delay caused flight delays confirmed a Dubai Airport spokesperson in a statement sent to Gulf News. “Airspace around Dubai International was closed from 1925 hrs to 2045 hrs on Saturday due to unauthorised drone activity resulting in the diversion of ... ( read original story ...)

Desktop banking trumps mobile in UAE

Traditional online banking done through a bank's desktop website is still proving to be the more popular alternative to mobile banking amongst UAE residents, a survey by compareit4me.com has found. The survey, which compiled responses from almost 400 UAE ... ( read original story ...)

Errant drone temporarily shuts down Dubai's busy airport

DUBAI, United Arab Emirates -- Authorities say an errant drone flying near Dubai International Airport forced the world's busiest international airfield to close for nearly an hour and a half. The airport posted on its Twitter account that it closed its ... ( read original story ...)