UAE debtors on the tough road to solvency

Derek, who did not want to reveal his full name, is in a similar position to Mr Nair; he needs credit but cannot borrow because of poor UAE financial history. The Briton, a married father-of-two and resident here for seven years, bounced a Dh155,000 ... ( read original story ...)

Banking giant launches UAE video, chat services

Standard Chartered Bank announced on Tuesday the launch of its video and chat banking service for clients in the UAE, a first for an international bank. The launch follows the successful roll-out of the service in Malaysia, Singapore, Taiwan in 2016 and ... ( read original story ...)

Dubai demands compulsory registration of private drones

The Dubai Civil Aviation Authority on Tuesday said it will implement compulsory registration of privately-used drones to ensure safety zones. Michael Rudolph, head of the authority’s Airspace Safety Section, said that with the increase of drone ... ( read original story ...)

Abu Dhabi Securities Exchange Chief is Big on Blockchain

The deployment of blockchain technology is very much on the agenda of the Abu Dhabi Securities Exchange, revealed chief executive Rasheed Al Blooshi. The Abu Dhabi Securities Exchange (ADX) will look to deploy blockchain technology, the innovation powering ... ( read original story ...)

Dubai business conditions at best in two years, study says

A gauge of the Dubai economy says the emirate’s business conditions improved in March amid gains in output, new orders and employment. The latest Emirates NBD Dubai Economy Tracker says that the wholesale and retail, travel and tourism and construction ... ( read original story ...)