Mashreq Neo is the new full-service digital-only bank for customers in the UAE. This newest bank is the child of the UAE’s oldest: Mashreq Bank, which has 50 years of experience providing award-winning financial services in the country. Mashreq’s Head …
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Abu Dhabi Ports looks to the East for growth
Abu Dhabi Ports and COSCO Shipping Ports Limited (CSP … “There are two types of port, transhipment ports and gateway ports,” he said during a news conference. “COSCO will use Port Khalifa as a transhipment hub, and possibly as a gateway port …
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Mashreq Bank: Digitisation mustn’t leave face-to-face customers behind
Mashreq Bank celebrated its 50th anniversary in 2017. It’s the UAE’s oldest bank, and has been innovating throughout its history, achieving a number of notable firsts in expanding financial services in the country. Head of Retail Banking Subroto Som …
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How Gulf News readers helped a safety supervisor
He now wishes to come back to the UAE to work. He said he and his entire family are thankful to the Indian Consulate, Gulf News and its kindhearted readers who supported him, as well as to his fellow professionals and Firoz Merchant. “They have saved two …
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Pakistani engineer behind the drain and sewer networks in Dubai retires
Dubai: He is known as a Dubai engineer who built the future for a Pakistani village. Saeed Hayat, 69, who has many feathers in his cap as a Dubai Municipality engineer and as a philanthropist back home in Pakistan, is leaving the UAE for good after 42 …
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UAE, Tunisia continue flights, end row over women
In a UAE Foreign Ministry statement that was shared by WAM news agency, it was announced that “the competent authorities in the UAE have decided that the standard processes will be reinstated to their normal state before the unforeseen circumstances.”
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Dubai real estate financier completes first project
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AI has a minister in the UAE, but does it have a future in it?
According to Futurism, a tech platform, the UAE’s AI strategy covers development and application in nine sectors: Transport, health, space, renewable energy, water, technology, education, environment, and traffic. Digital learning, a magazine for ICT …
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UAE Consulate warns Emiratis of US ‘weather bomb’
Dubai: The UAE Consulate in Boston has issued a warning to residents living or travelling to the US, urging them to follow safety precautions as freezing sub-temperatures are set to hit the East Coast. In the event of an emergency, citizens can contact …
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Saudi builder says unit IPO set to conclude by end-2018
The Saudi Arabian developer’s plan to offer shares comes on the heels of the United Arab Emirates’ biggest IPO last year, when Dubai-based Emaar Properties raised about $1.3 billion from the sale of a stake in its UAE real-estate unit. Dar Al Arkan …
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UAE students challenged to sow seeds of new technology
A government programme partnered with Chinese technology company Huawei is offering hand-picked UAE students the chance to play an important role in developing future innovations. Students across the country can enter the Seeds for the Future competition …
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UAE’s auto dealers find ways to ease the VAT burden
DUBAI: Ease the VAT (value-added tax … So the challenge for dealerships, especially those in the volume business, is to remove the VAT concern. Which is why Al-Futtaim Motors in its first 2018 campaign states emphatically that “our prices are locked …
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UAE jewellers absorb VAT on diamond jewellery
Dubai: Putting off your diamond jewellery purchase because of value-added tax (VAT)? Don’t, as more of UAE’s jewellers are willing to absorb the VAT component on diamonds. Jewellery retailers are doing everything in their power to ensure that the …
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UAE, Saudi Arabia’s non-oil economies end 2017 on a high note
The non-oil private sectors of Saudi Arabia and the UAE, the Arab world’s largest economies, ended 2017 on a high note with business conditions improving at the sharpest pace in 34 months in the UAE, according to the latest Purchasing Managers’ Index …
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Dubai Airport saw 5.6% growth in passenger traffic in Nov
Dubai International (DXB) attracted close to seven million passengers in November 2017 compared to 6.6 million a year ago, registering an increase of 5.6 per cent. According to the monthly traffic report issued by operator Dubai Airports, passenger numbers …
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Dubai Police launch new identity
Dubai: Security, communication and innovation are the three defining facets of Dubai Police’s new identity which was unveiled on Thursday as part the force’s strategic plan and the Dubai government’s Vision 2021. Major-General Abdullah Khalifa Al …
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Marseilia Group and Amlak Finance Sign a Memorandum of Understanding to Develop an Urban Project in Nasr City, Cairo
Marseilia Group today announced the signing of a Memorandum of Understanding (MoU) with the UAE-based Amlak Finance PJSC to develop an urban project in Nasr City District, Cairo. The MoU is under the sponsorship of National bank of Egypt (Dubai Internation …
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