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Posted on 26/07/2018

Saudi lender National Commercial Bank lifted by rise in fees and investment income

Dubai: Saudi Arabia’s National Commercial Bank (NCB), the kingdom’s largest lender, reported a 6.7 per cent rise in second-quarter net profit on Tuesday on increased fees, commission and investments. …
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Posted on 26/07/2018

UAE Banks Federation hold workshop in Abu Dhabi ahead of Basel III implementation

The workshop was designed to support Heads of Risk Management (CRO) and Heads of Finance (CFO) as they prepare for the upcoming transition, according to UBF, in line with regulations set by the Centra…
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Posted on 26/07/2018

Emirates NBD Bank : ENBD launches family savings account for Emiratis

Emirates NBD, a leading bank in the region, has launched its Emirates NBD Family Savings Account for UAE national customers, enabling Emirati families to benefit from preferential interest rates and p…
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Posted on 26/07/2018

UAE’s Invest Bank’s ratings lowered

The lowered rating followed the sizeable increase in non-performing loans (NPLs) in 2017 and in Q1 2018, which has led to a significant decline in the loan-loss reserve (LLR) coverage ratio and the im…
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Posted on 26/07/2018

UAE amnesty 2018: Foreign missions to open counters

… of labour-sending countries will have counters at Dubai’s main amnesty centre in Al Aweer to facilitate the early repatriation of residents overstaying their visas from August 1, Gulf News has lea…
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Posted on 26/07/2018

Dubai taxi drivers get cars for good performance

Dubai: The Dubai Taxi Corporation (DTC) has honoured three drivers as part of the annual Star Service Award aimed to select the best-performing taxi drivers in several categories. The winners were gif…
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Posted on 26/07/2018

UAE amnesty 2018: Foreign missions to open counters in Dubai

… of labour-sending countries will have counters at Dubai’s main amnesty centre in Al Aweer to facilitate the early repatriation of residents overstaying their visas from August 1, Gulf News has lea…
( read original story …)


Posted on 26/07/2018

Horse Racing: Dubai World Cup prize money raised to $12 million

DUBAI (Reuters) – Dubai’s ruler on Wednesday increased the Dubai World Cup purse to $12 million, maintaining its status as one of the world’s richest horse races. The Dubai World Cup, which once was t…
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Posted on 26/07/2018

Dubai woos Saudi tourists

Saudi Arabia’s biggest travel group has teamed up with Dubai tourism chiefs in a bid to attract more visitors from the Kingdom. Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) and …
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Posted on 26/07/2018

Dubai Shariah court to decide fate of $460m super-yacht Luna

But in a ruling earlier this month, seen by Arab News, the Dubai Judicial Tribunal has sent the matter to the Dubai courts for a decision. The tribunal was set up to decide on matters of disputed juri…
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Posted on 26/07/2018

Dubai International Stadium Gears Up for India-Pakistan Clash

Speaking to Gulf News, Khalid Al Zarouni, the President of the Dubai Sports City (DSC) that owns the Dubai stadium, said: “Our venue is geared up at all levels to offer a great match experience to all …
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Posted on 26/07/2018

Dubai Investments building a new horizon of growth

The content is supplied by Arabian Business Brand View Partners. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straigh…
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Posted on 26/07/2018

Dubai targets Saudi tourist market through Al Tayyer tie-up

whilst Dubai Tourism confirmed that in the first five months of this year, the emirate welcomed 630,000 Saudi visitors. – TradeArabia News Service
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Posted on 26/07/2018

WiFi for guests: What you need to know

Dubai: Providing free Wi-Fi has become a strong selling point for most businesses. Giving Wi-Fi access to customers and guests can allow you to collect their data and gain priceless and useful insight…
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Posted on 26/07/2018

Dubai South Business Park woos European SMEs

The Business Park at Dubai South said it has entered into a strategic partnership with the Union of European Expert Chambers to set up a permanent exhibition and business centre for the members of the …
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Posted on 26/07/2018

Dubai Judicial Institute Publishes the Ninth Edition of Its Magazine

Dubai Judicial Institute (DJI) has announced the release of the ninth edition of its ‘Emirates Law, Business & Practice’ magazine, which focuses on VAT and its history, importance and implementation. …
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Posted on 26/07/2018

Abu Dhabi’s superfast 160km/h speed limit to change ?

Abu Dhabi Police further stressed that “once the 20 km/h grace limit is removed, the maximum speed of the road will remain at 160 km/h”. Thomas Edelmann, managing director of Road Safety UAE, told Gul…
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