LuLu Group commits Dh10m to Dubai Cares

Dubai: LuLu Group International has committed Dh10 million to support Dubai Cares in its work to improve children’s access to quality primary education in developing countries. Tariq Al Gurg, CEO of Dubai Cares and Yusuffali MA, chairman of LuLu Group ... ( read original story ...)

Millennials key to future of Islamic banking

In the UAE, it is estimated Islamic financing assets constitute about 30 per cent of the local banking sector, a figure that has increased rapidly in recent years. “Islamic banking has been growing at roughly double the pace of conventional banking in ... ( read original story ...)

Here comes the sun: Solar energy in the Mideast

Dubai: Three factors are working against greater uptake of solar power generation among UAE businesses, says Jeremy Crane, CEO of alternative energy consultancy Yellow Door. Cost isn’t one of them. Crane estimates going solar saves Dubai firms 15-20 per ... ( read original story ...)

Axilspot introduces in-wall wireless access points in MEA

Axilspot, a global vendor in enterprise wireless networking, has launched its new ASW120 In-wall wireless access point in Middle East and Africa region to help businesses manage their growing indoor workload congestions, using a secure and reliable network ... ( read original story ...)

Dubai volunteers pack school kits for Syrian children

Dubai: Hundreds of volunteers, including families with children, helped pack thousands of school kits for conflict-affected Syrian children in the Dubai Cares’ Volunteer Emirates 2017 campaign on Saturday. Sponsored by Union Coop, the campaign’s ... ( read original story ...)

Analysis: Pakistan’s Islamic banking just amazes everyone

Everyone in Pakistan is pleasantly amazed over the fast-track popularity of Islamic banking, latest reports show. Add to this the success story of Dubai Islamic Bank of Pakistan. The market share of Islamic bank deposits rose to 13.2 per cent from 12.9 per ... ( read original story ...)

UAE most innovative Arab nation

The report said the UAE benefits from increased data availability and shows strengths in tertiary inbound mobility, innovation clusters and ICT-driven business model innovation. This is due to the outstanding progress made by the UAE to its sustainable ... ( read original story ...)

Abu Dhabi’s Senaat Said to Revive $1 Billion Share Sale Plans

Senaat, which holds stakes in Abu Dhabi’s National Petroleum Construction Co. and Emirates Steel, is considering reviving plans for an initial public offering three years after putting them on hold, people with knowledge of the matter said. The company ... ( read original story ...)

Dubai Updates Cybersecurity Strategy

See Also: 2017 Predictions on Data Security: Insights on Important Trends in Security for the Banking Industry The new strategy, designed to help portray Dubai as a world leader in cybersecurity, eventually could be expanded nationwide. "The strategy's a ... ( read original story ...)