Mashreq Bank Recognized For Global Mobile Banking Excellence

Mashreq Bank, the UAE’s leading financial institution was presented withthe Best Consumer Mobile Banking Global award at the Digital Bank Conference and Awards dinner hosted by Global Finance magazine in London, England. The award isin recognition of ... ( read original story ...)

UAE Property Developer to Accept Payments in Cryptocurrency

UAE property developer MAG Lifestyle Development will start accepting OneGram, a Sharia-compliant cryptocurrency backed by gold, as payment for its properties in 2018. MAG Lifestyle Development, which is part of UAE-based conglomerate Moafaq Al Gaddah ... ( read original story ...)

Abu Dhabi’s Dalma Mall gets WiFi

Dalma Mall visitors can now enjoy the benefits of WiFi UAE and WiFi UAE Premium. The 255,000sqm mall has opted for the service to which visitors with a UAE mobile number can select the free WiFi UAE service or the paid service, WiFi UAE Premium. ( read original story ...)

UAE latest gold rates: Bullion forecast to move higher this week

Dubai: The bullion edged down slightly on the first trading day of the week, although the majority of analysts are betting on gold to move higher over the next few days. As of 10.26am, spot gold was trading as low as $1,252.50 an ounce, down by .02 per ... ( read original story ...)

UAE crisis authority says hundreds evacuated after heavy rains

The UAE’s National Emergency Crisis and Disaster Management Authority (NCEMA) said late Sunday there had been no casualties reported after heavy rains forced hundreds of people to be moved into temporary accommodation. The authority said a surface ... ( read original story ...)

Optimism among Dubai firms over Q4 prospects grows

The quarterly survey of Dubai Economy showed the composite Business Confidence Index (BCI) in the third quarter increasing by 10.8 points, reaching 121.4 points. Large companies are more optimistic than the small and medium enterprises with respect to the ... ( read original story ...)

UAE residents to pay VAT on electricity, water bills

Residents in the UAE will soon have to watch how much energy they consume as their electricity and water bills will be subject to the value added tax (VAT) being introduced from next year. Starting from January 1, 2018, water and electricity bills in the ... ( read original story ...)

Foundations laid for UAE’s Expo 2020 pavilion

The foundations of the futuristic falcon-inspired UAE pavilion at Expo 2020 Dubai were laid down on Sunday by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Expo 2020 Dubai Higher Committee and Dubai Civil Aviation Authority and CEO of ... ( read original story ...)