With the power of technology at their fingertips, travellers from the UAE are becoming smarter, braver and bolder, when it comes to making decisions on how and when they want to go on vacation and tra…
( read original story …)
Once upon a time in the UAE, users already hyped on iPhone
Only one year after the original iPhone was introduced, UAE consumers had already shown interest in a device which, at that time, nobody had an idea how it would change the mobile world forever. But i…
( read original story …)
Dubai real estate needs more institutional investors: Rera chief
The Dubai property sector needs more hedge fund investors from Pakistan and other countries, the chief of the Real Estate Regulatory Authority (Rera) said on Friday. “In the last three years, Pakistan…
( read original story …)
Revealed: the importance of having a work ‘bestie’ in the UAE
More than 50 percent of UAE-based professionals say they have a best friend in the workplace who helps them thrive rather than survive the working day. Professional networking platform LinkedIn’s late…
( read original story …)
UAE spends $17.6bn on halal tourism, most in world
The UAE was named as a destination of choice for Muslim travellers due to several key factors including its competitive business environment, wide variety of travel and tourism activities, advanced IC…
( read original story …)
Dubai financial regulator appoints new CEO
from taking on new business or moving money to related entity Abraaj Investment Management. Read: Dubai regulator probes Abraaj Capital, stops it from taking on new work Abraaj filed for …
( read original story …)
With many Abu Dhabi sponsors, Man City makes record revenue
The annual report for the 2017-18 financial year was released Thursday showing the Abu Dhabi-owned club made a profit of 10.4 million pounds. City’s revenue has increased 44 percent in five years, fue…
( read original story …)
Abu Dhabi-owned Manchester City set sights on more glory after breaking through £500 million revenue barrier
“Our aim is obviously to build on the achievements of the last year,” Al-Mubarak (pictured below), City’s chairman since the club was bought by the Abu Dhabi United Group in 2008, said in a statement. …
( read original story …)
UAE FA to decide on the future of coach Alberto Zaccheroni ‘within days’
a UAE FA official has told Arab News. Despite Tuesday’s 3-0 win over lowly Laos during the team’s Spanish training camp, question marks still hang over “Zac.” Disquiet has been growing in Abu Dhabi ov…
( read original story …)
Relam Investment Launches HETACHAIN ICO Based on 3rd Generation Blockchain Technology
DUBAI, United Arab Emirates–(BUSINESS WIRE)–Sep 13, 2018–Relam Investment has officially launched its 3 rd Generation Blockchain technology ecosystem – HETACHAIN – and its ICO. The global launch st…
( read original story …)
UAE banking sector tops in GCC with H1 assets surging to Dh2.7t
The UAE banking sector, currently undergoing a new cycle of consolidation, continues to surpass GCC peers in terms of total assets that had surged two per cent to Dh2.7 trillion ($748 billion) in the …
( read original story …)
Profitability among top UAE banks continues to improve in Q2
Global professional services firm Alvarez & Marsal (A&M) said in its latest UAE Banking Pulse that operating income and net interest margins were significantly higher than in the previous quarter. Com…
( read original story …)
UAE banks lead Gulf peers with $748bn in assets
The UAE banking sector has continued to top other GCC counterparts in terms of assets value during the first half (H1) of 2018, with a total value of Dh2.7 trillion ($748 billion), a growth of 2 per c…
( read original story …)
Five things to know about the GCC banking mergers
Emirates NBD: In 2007, Emirates NBD was born when Emirates Bank International (EBI) and the National Bank of Dubai (NBD) – the UAE’s second and fourth largest banks – merged to become the most signifi…
( read original story …)
UAE banks continue to lead Gulf peers with $748bn worth of assets
The UAE banking sector has continued to top other GCC counterparts in terms of assets value during H1 2018, with a total value of AED2.7 trillion (US$748 billion), a growth of 2 percent compared to th…
( read original story …)
Dubai financial regulator appoints new chief executive
Dubai Financial Services Authority … which provides a forum for deepening Switzerland’s Basel Committee on Banking Supervision’s engagement with country heads. Bryan Stirewalt will take over from Mr …
( read original story …)
UAE Food Bank signs partnership agreement with ‘Regional Food Banks Network’
DUBAI, 11th September, 2018 (WAM) — The UAE Food Bank signed a strategic partnership agreement with the “Regional Food Banks Network,” in light of the UAE’s keenness to promote social responsibility …
( read original story …)