Dubai taxis record half million cashless transactions

The number taxi fare payment transactions using credit/NOL cards in taxicabs of franchise companies in Dubai has amounted to 590,585 transactions from Jan 2016 to the end of April 2017. During the first third of this year, taxi fare payment using credit ... ( read original story ...)

Money matters: Profits up for banking sector in the UAE

Retail banking business in the UAE has endured a challenging economic environment, slow growth, margin pressures and persistent loan impairments for several quarters in the recent past. In a positive turn of events, several major banks have posted good ... ( read original story ...)

Arab youth prefer UAE to live in

Dubai: One in three Arab youth aged 18 to 24 interviewed for the ninth annual Arab Youth Survey 2017 says the UAE is the most preferred country they would like to live in. The finding was released on Wednesday as the landmark survey was rolled out in Dubai ... ( read original story ...)

Egypt’s president visits staunch ally United Arab Emirates

The UAE's state-run WAM news agency said Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan and el-Sissi discussed the war in Yemen, where a Saudi-led coalition that includes Emirati and Egyptian troops is fighting Iranian-allied Shiite rebels. ( read original story ...)

UAE PMI signals strong growth in April

The latest survey data showed that business conditions across non-oil private sector firms in UAE continued to improve at the start of the second quarter. Employment rose in April but the rate of growth remains weak, with just 5.2 per cent of firms ... ( read original story ...)

Abu Dhabi Belles brace for Barcelona ‘Ironman’ test

Abu Dhabi: Don’t let the word Belles mislead you into thinking they are dainty damsels. This group of strong and ambitious women has run, swum and biked its way into qualifying for the Ironman EMEA Tri Club 70.3 Championships to be held in May 2018 in ... ( read original story ...)

UAE says ‘significant breakthrough’ reached in Libya talks

DUBAI, United Arab Emirates (AP) — The United Arab Emirates on Wednesday said talks between two rival Libyan leaders led to a "significant breakthrough" in efforts to end years of chaos that have gripped the North African nation since its 2011 uprising ... ( read original story ...)