The net profits of insurers listed on the DFM and the ADX went up 6.4% year-to-year to AED 1.4 billion last year Dubai – Mubasher:The UAE’s insurance sector has seen a profitable year during 2018, rep…
( read original story …)
Real estate stocks in Dubai trigger best gain since 2016
Dubai’s main index, which tumbled almost 25 percent last year, had its best day on Wednesday since December 2016. Before that, the stocks had been trading at the biggest discount to their emerging-mar…
( read original story …)
Bottomless coffee and a slice of cake for Dhs40
The deal costs Dhs40 and comes with a slice of chocolate pound cake with mocha frosting. Even better, the venue at Anantara The Palm Dubai Resort has free WiFi – the perfect excuse to sit there all da…
( read original story …)
Kuwait Business Council announces largest event in Dubai
DUBAI, 20th February, 2019 (WAM) — As of tomorrow, the Kuwait Business Council of Dubai and the Northern Emirates will be launching its National Day programme in honour of Kuwait’s 58th National Day …
( read original story …)
Dubai Airports partners with XDubai for one-of-a-kind stunt
Dubai Airports has partnered with action sports brand XDubai to deliver an incredible one-of-a-kind stunt by Emirati athlete and skydiver Mohammed Baker, as part of the new DXB brand which aims to pos…
( read original story …)
Innovators Invited: Dubai Startup Hub Launches Fourth Edition Of Its Annual Smartpreneur Competition
He added that the Dubai Smartpreneur Competition aims to empower young entrepreneurs, encourage them to think beyond traditional business models and limitations, engage them in the Dubai Government’s …
( read original story …)
Heritage Meets Modernity: UVA Darden Students Find Balance in Course to Dubai, Bahrain
“The Dubai economy is now being led by trade, logistics and finance. Dubai plans to make its business-friendly environment even friendlier to multinational companies in the future by expanding free zo…
( read original story …)
Abu Dhabi Quietly Eases Curb on Qatar After 20-Month Embargo
(Bloomberg) — An obscure port circular may signal an easing of the almost two-year Saudi-led embargo of Qatar. Abu Dhabi will now allow cargo to be shipped from the emirate to Qatar after banning tra…
( read original story …)
Revealed: the robots cleaning Dubai Metro stations
Dubai’s Roads and Transport Authority (RTA) has embarked on using robots in cleaning metro stations as part of efforts to introduce new techniques driven by artificial intelligence technology. The ste…
( read original story …)
Oman, UAE look to develop business opportunities
The Ministry of Commerce and Industry on Wednesday organised the Oman-United Arab Emirates (UAE) Economic Forum. The forum aimed to develop available investment and business opportunities between busi…
( read original story …)
UAE banking sector remains resilient: Sheikh Ahmed
The UAE economy, and the banking sector in particular, remained resilient in 2018, despite a challenging environment across global markets, said Sheikh Ahmed bin Saeed Al Maktoum, Chairman, Emirates N…
( read original story …)
Tennis: Taiwan’s Hsieh stuns Kerber to reach Dubai quarters
(Reuters) – Wimbledon champion Angelique Kerber suffered a surprise last 16 exit from the Dubai Duty Free Tennis Championships after being beaten by unseeded Hsieh Su-wei 5-7 6-4 6-0 on Wednesday.
( read original story …)
New Opening: One of Abu Dhabi’s oldest hotels gets reflagged
was one of the first five-star hotels in Abu Dhabi and has been a well-loved property in the capital’s expatriate circles. “The fact that it’s one of Abu Dhabi’s oldest hotels is much more of a positi…
( read original story …)
Emirates NBD Bank : Looking to make more money this year? Here’s where you should invest in 2019
(c) Al Nisr Publishing LLC 2019. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers 02/17 EMIRATES NBD BANK: ranked UAE’s top bankin…
( read original story …)
Total bank deposits in UAE drop, but money in circulation grows: central bank data
Dubai: The UAE Central Bank monthly bulletin for the month of January showed an increase in both money in circulation and long-term deposits. However, short-term deposits decreased when compared …
( read original story …)
ECI, StanChart plan to ease funding for UAE firms
Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed an agreement with Standard Chartered Bank to provide seamless access to trade credit solutions and funding for UAE busi…
( read original story …)
The Debt Panel: ‘Will my Dh47,000 credit card dues in Dubai be listed with Interpol?’
Also, I read that it’s illegal for banks in the UAE to ask for security cheques from customers against credit cards and loans. According to the article, these are rules stipulated by the Central Bank …
( read original story …)