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Tag: finance

Posted on 05/10/2020

Majority of UAE bank customers willing to switch banks for better offers

The research showed 87% would be willing to open an account with a digital-only bank Dubai: According to a new research by BCG, the expectations of consumers across the UAE in the banking sector is …
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Posted on 05/10/2020

Majority of UAE customers would readily switch their bank

New research by the Boston Consulting Group (BCG) reveals that 76 per cent of bank customers in the UAE are willing to switch banks. Further, 70 per cent said they are actively searching for new bank …
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Posted on 05/10/2020

Nearly 76% of UAE consumers keen to switch banks, new survey shows

Nearly eight out of 10 people in the UAE, or 76 per cent are interested in switching their banks, while 70 per cent are actively searching for new bank offers, according to new research by Boston …
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Posted on 05/10/2020

New committee to oversee government entities in Dubai

A Higher Committee for Government Sector Development has been established in Dubai as per a new decree issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister …
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Posted on 04/10/2020

DLD partners with Cityscape to accelerate realty sector’s revival

Dubai Land Department (DLD) was founded in January 1960 to establish … 30 minutes ago Airbnb to float IPO of $3 billion Home rental company Airbnb is aiming to raise around $3 billion in its …
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Posted on 04/10/2020

Dubai sets up Higher Committee for Government Sector Development

The Decree obligates Dubai Government departments to cooperate with the Committee News in pictures: Trump aide tests COVID positive, Djokovic’s appeal, Sex abuse rocks Denmark, Bulgaria protests, …
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Posted on 04/10/2020

UAE E-Payments: 10 Government Entities that Accept Credit Card Payments

Discover UAE’s top 10 government entities that accept credit card payments and explore the top government initiatives that will turn the UAE into a smart country.
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Posted on 04/10/2020

Dubai’s Shuaa unveils 3 shariah funds, secures $75mln in commitments

Dubai-based Shuaa Capital has launched three new shariah-compliant funds and secured commitments worth $75 million. The open-ended products, expected to be the largest of their kind, will be domiciled …
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Posted on 04/10/2020

UAE’s Shuaa launches three Sharia-compliant funds in ADGM

Shuaa Capital has launched three Sharia compliant funds and already secured $75 million of commitments. The Shuaa High Yield Sukuk Fund, Nujoom Aggressive Fund and Nujoom Balanced Fund are the first …
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Posted on 04/10/2020

Gulf pegs, Oman, Lebanon Mideast markets face rough quarter

While derivative traders have pared bets that Gulf states will be forced to devalue their currency pegs in the next 12 months, bouts of volatility may return. Countries that have been financing …
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Posted on 04/10/2020

CBUAE & Dubai Islamic Economy Development Centre join forces to strengthen Islamic banking sector

In addition to the cooperation in Islamic banking, CBUAE and DIEDC will work together to publish joint research and exchange knowledge to enhance expertise …
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Posted on 03/10/2020

Paytm, other Indian startups vow to fight ‘big daddy’ Google

In a video call on Tuesday, Sharma called Google the “big daddy” that controls the “oxygen supply of (app) distribution” on Android phones, according to an attendee. He ur …
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Posted on 03/10/2020

Finance Minister Kamal off to UAE for medical checkup

Finance Minister AHM Mustafa Kamal left Dhaka for United Arab Emirates (UAE) for medical checkup on Friday. A flight of Emirates Airlines carrying the minister took off from Hazrat Shahjalal …
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Posted on 03/10/2020

UAE Central Bank joins hands with Dubai Islamic Economy Development Centre to strengthen Islamic banking

Dubai: The Central Bank of the UAE (CBUAE) on Saturday signed a memorandum of understanding (MoU) with the Dubai Islamic Economy Development Centre (DIEDC) to reinforce and expand the reach of the …
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Posted on 03/10/2020

Mashreq, Noon.com launch UAE’s first e-commerce co-branded card

Mashreq noon VIP Visa Credit Card’, the UAE’s first e-commerce co-branded credit card. It will offer customers a wide range of benefits including 3.5 per cent cashback on all purchases at noon, 1 per …
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Posted on 03/10/2020

Expat remittances from the UAE exceed $21bn in first half of 2020

India retains position as top receiving country from expats in the UAE, ahead of the Philippines, Pakistan and Bangladesh …
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Posted on 03/10/2020

Watch: What you need to know about Dubai retirement visa

“If a person owns a property of Dh2 million inside the UAE, or a fixed deposit in a bank of no less than Dh1 million in cash or a fixed retirement salary of no less than Dh20,000, then he or she …
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