Loss-making Dubai construction firm Arabtec is working with boutique investment bank Moelis to study options for the company’s capital structure, sources familiar with the matter told Reuters on Sunday. A mandate for restructuring advisory firm …
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Al Ghurair International Exchange launches IMPS service for Indian customers in UAE
Al Ghurair International Exchange, the UAE-based foreign exchange and worldwide Money Transfer Company, has announced the launch of the immediate payment service (IMPS Service) for India through IndusInd Bank. Immediate Payment Service (IMPS) is an instant …
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Adjusting to a new environment
However, despite this, there is no doubt that it will increase transparency and stability within the banking sector in the long term. The UAE Insurance Authority has recently issued a circular regulating life insurance and Takaful. These regulations have …
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UPDATE 1-Dubai's Emirates NBD targets millennials with digital banking service
DUBAI Feb 2 Emirates NBD, the largest lender in Dubai, is setting up a digital banking service targeted at millennials as it seeks to bolster its retail business in the face of falling margins. Banks in the United Arab Emirates have faced headwinds as more …
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Emirates NBD bolsters digital experience for customers
with a plan to incorporate all branches in the UAE in the next few months, adding in new automated services and transactions to the programme. Said Suvo Sarkar, senior executive vice president & group head – retail banking and wealth management …
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Dubai Islamic Bank raises $1bn through sukuk sale
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Six Gulf nations aiming for simultaneous VAT adoption in January: UAE official
a senior United Arab Emirates finance official said on Sunday. The GCC, its finances strained by low oil prices, has long planned to adopt the tax in 2018 as a way to increase non-oil revenues, but economists and officials in some countries have said …
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Smart Social WiFi Access Dubai, Free WiFi Marketing Solution UAE
Smart Social WiFi is an ultimate social media marketing tool in Dubai, UAE. We provide free WiFi access & smart WiFi…www.smart-socialwifi.com Smart Social WiFi is an ultimate social media marketing tool in Dubai, UAE. We provide free WiFi access & smart …
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Dubai welcomed 1.8 million overnight visitors from India in 2016
MUMBAI: Dubai attracted 1.8 million overnight visitors from India in 2016, recording a 12 per cent growth over the previous year to become the number one source market in South Asia. The country hosted 1.6 million Indian travellers in 2015, according to …
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Dubai’s outskirt communities on the rise
Dubai In a city dominated with expats, and a constant stream of people coming and going, finding a place to live is a ubiquitous topic. And as Dubai continues to grow, many communities are pushing deeper and deeper into the outskirts of the city. While …
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Dublin flight to Abu Dhabi diverted over 'security threat onboard'
An Etihad Airways flight from Dublin to Abu Dhabi was diverted to Al Minhad military base in Dubai on Friday. The diversion followed a “security threat onboard”. The guests, baggage and aircraft crews went through additional security screening which took …
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Parking rules and fines modified in Abu Dhabi
Abu Dhabi: Parking regulations have been modified and fines for violations reduced in the capital, the Integrated Transport Centre of the Department of Municipal Affairs and Transport (DMAT) said on Saturday. As part of its plans to offer the best services …
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Don't be gloomy, Dubai business is booming
Dubai’s private sector started 2017 on an upbeat note by recording the sharpest rise in output in almost two years, new data suggests. Travel and tourism continued to drive the upswing supported by wholesale, retail and construction sectors in January …
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Dubai business surges most in two years
Dubai’s private sector started 2017 on an upbeat note by recording the sharpest rise in output in almost two years, new data suggests. Travel and tourism continued to drive the upswing supported by wholesale, retail and construction sectors in January …
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Dubai business surges most in 2 years
Dubai’s private sector started 2017 on an upbeat note by recording the sharpest rise in output in almost two years, new data suggests. Travel and tourism continued to drive the upswing supported by wholesale, retail and construction sectors in January …
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Dubai FDI promotes investments at the House of Commons
… role of Dubai, and the UAE in general, in facilitating global trade and channeling investment into potential markets were highlighted at a meeting at The House of Commons in London recently, which was organized by the Diplomat Business Club with the …
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Dubai one of world’s most visited cities: Euromonitor
Dubai: Dubai attracted more than 14 million visitors in one year, making the city one of the most visited destinations in the world, according to the latest data released by Euromonitor International. The market research firm, which ranks cities according …
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