Sharjah Police net serial robber in 2 hours

Director of the Criminal Investigation Department of Sharjah Police, explained that after robbing the victims, the suspect would strike them with an iron rod and drive away. “We received a call from the police operations Some local news is curated ... ( read original story ...)

UAE bank says all services back on line after major upgrade

Abu Dhabi Commercial Bank (ADCB) has announced that its banking services are all back on line after a three-day outage to carry out a major system enhancement. ADCB said it has successfully completed the migration of its core banking systems and ... ( read original story ...)

Abdul Aziz Al Ghurair: Digital banking gaining speed in the UAE

All over the world, the banking sector is operating in an era of great technological flux, one in which the adage "innovate or die" morphs into a stark and very real message staring the industry in its face. As technology plays an ever increasing role in ... ( read original story ...)

UAE banks seek to reduce cash usage with new app

and set the path for the country’s transition to a cashless future,” said chairman of the UAE Banks Federation, HE Abdulaziz Al Ghurair. Earlier this week, Al Ghurair’s bank Mashreq announced plans to cut branches as part of a focus on digital banking. ( read original story ...)

UAE’s oldest bank launches digital-only Neo

Mashreq Bank has launched Neo, a digital-only bank to cater to the needs of the millennial generation. The new bank provides a complete package of modern mobile and online banking services, including Samsung Pay wallets, carldess ATM transactions, Facebook ... ( read original story ...)

Dubai’s Drake & Scull says capital restructuring completed

Drake & Scull International (DSI) has announced that it has successfully completed its capital restructuring program which started at the beginning of the fiscal year. The company also welcomed a AED500 million ($136.1 million) investment by Tabarak ... ( read original story ...)

Scot faces jail in United Arab Emirates over fake banknote

These are external links and will open in a new window A plasterer from Edinburgh is facing up to a year in jail in the United Arab Emirates for allegedly possessing counterfeit money. William Barclay was stopped at Dubai International Airport in September ... ( read original story ...)