The United Arab Emirates and Saudi Arabia are jointly developing a digital currency meant for interbank transactions. A digital currency meant for interbank transactions is being jointly developed …
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Dubai’s DAE signs new $535m revolving credit facility
Firoz Tarapore, CEO of DAE said: “We are pleased to sign this facility with Emirates NBD, a leading bank in the UAE and the Middle East. This facility reinforces the strong availability of liquidity i…
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Beware: New ATM scam message in UAE can drain your bank account
There is no stopping the scammers from inventing new fraudulent ways once the old ones are exposed. All residents can do is stay vigilant and cross-check before acting on any SMS/Email/Whatsapp msg th…
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Government of Sharjah to acquire stake in struggling Invest Bank
The Sharjah government will take a majority stake in struggling Invest Bank, the lender said on Friday, in a move it said would help ensure its future growth. Invest, one of the smaller banks in the U…
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UAE, Chinese banks to enhance RMB clearing
the Central Bank of China and the Agricultural Bank of China discussed to improve the Renminbi clearing. [Photo/IC] DUBAI – Officials from the Central Bank of United Arab Emirates (CBUAE), the …
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Sharjah head into New Year as No.1
… News app for your Android or iPhone device and get news & live updates on the go. With closest rivals Al Ain not in action this week following their Fifa Club World Cup commitments, Sharjah sit at …
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Knowledge Summit Wraps Up Successful 5th Edition in Dubai
To view the Multimedia News Release, please click: https://www.multivu.com/players/uk/8465351-knowledge-summit-wraps-5th-edition-dubai/ “With five successful editions under its belt, the Summit has es…
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Aleema Khan Dubai property case in Supreme court of Pakistan – Dubai Video
You will watch in this video about: Aleema Khan in supreme court, aleema khan, Aleema Khan property in Dubai, Aleema Khan property case, Aleema Khan property, Haqaiq Info is educational, motivational, …
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Prime Dubai property prices set to fall 2.4% in 2019
Prime property prices in Dubai are forecast to fall by more than 2 percent next year. Prime property prices in Dubai are forecast to fall by more than 2 percent next year, making it one of three key g…
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Harsh Market Has Taken Down Another One – Jabre Capital Partners Is Returning Client Money
Some of these are large hedge funds that have managed billions of dollars … and it is based in Geneva with an additional investment office in Dubai. Jabre Capital Partners was founded by …
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UAE, Saudi Arabia start work on fintech for cross-border settlements
DUBAI (Reuters) – The United Arab Emirates and Saudi Arabia have started developing fintech for cross-border settlements, including a digital currency project, the UAE’s central bank governor …
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Jumeirah Group Opens Its First Luxury “Eco-Conscious” Resort on Saadiyat Island, Abu Dhabi
Abu Dhabi. To view the Multimedia News Release, please click: http://www.multivu.com/players/uk/8463251-jumeirah-eco-conscious-resortsaadiyatisland/ The luxury beachfront Resort overlooks 400 metres o…
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Finablr’s UAE Exchange, Ripple to begin blockchain payments by Q1
Read: UAE’s Finablr hires banks for IPO, listing in London UAE Exchange set a target in 2016 to spend between $250m and $300m on acquisitions to build its global market share. The company had …
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Finablr’s UAE Exchange, Ripple to Begin Blockchain Payments by First Quarter
Most funds are currently sent through foreign exchange branches but a growing chunk is being transferred via websites and apps, with the use of blockchain technology expected to ramp up in the next fe…
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What UAE residents Google the most in 2018: Priyanka Chopra among the list of top trending searches
Dubai: Sports, Bollywood and passports dominated the search bars in the UAE this year, according to the latest lists of trending searches released by Google. As 2018 is about to end, the global …
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Local Press: Digital push unlocks key potential of UAE
A report prepared by the Dubai Technology Entrepreneurship Campus, a technology hub of Dubai Silicon Oasis Authority, has stated that the UAE ranks first in the region in terms of enterprise adoption …
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New head of technology practice for Al Tamimi & Co
Law firm Al Tamimi & Company, has appointed Martin Hayward as the new Head of the Technology, Media and Telecommunications (TMT) practice, based in the Dubai office. Prior to joining Al Tamimi, Haywar…
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