Heavy rain hits Dubai What is the fate of the Porsche Taycan? There are also cases of mixed joy and sorrow In the early morning of April 16 (local time), heavy rain fell in Dubai, United Arab Emirates …
UAE Central Bank asks lenders to defer loans to help flood-hit residents
The UAE Central Bank on Monday issued a notice to all banks and insurance companies, asking them to allow a six-month deferment of repayments for personal and car loans for customers affected by the …
UAE floods: Banks to defer personal, car loan installments for 6 months
The UAE central bank said banks will not impose additional fees, interest or profits for loan repayment deferrals.
Black swan hedge fund says Fed rate cuts will signal market crash
While U.S. financial markets debate the timing of interest rate cuts, one tail-risk hedge fund is warning that investors should make the most of recent economic optimism while it lasts, as a shift to …
UAE’s trademark listing surge signals rising investor trust
The UAE has seen a significant increase in trademark registrations in the first quarter of 2024 with a 64 per cent surge compared to the same period last year, signifying growing investor confidence …
UAE banks to allow loan installments to be deffered by six months following bad weather
The deferral shall be without imposing additional fees, interest or profits, or otherwise increase the principal amount of the loan for the deferral of the repayment of installments.
UAE orders banks and insurance companies to allow 6 months of payment deferrals without cost following heavy rainfall
UAE banks and insurance companies have been told to offer customers payment deferrals of up to six months without additional costs as they deal with the impact of severe rain in the country.
UAE floods: Banks may defer loan installments for 6 months following storm, says Central Bank
Banks and finance companies in the United Arab Emirates may defer personal and car loan installments for six months to help deal with the repercussions fro..
Finance Minister meets officials of banking sector in Dubai
Federal Minister for Finance and Revenue Muhammad Aurangzeb held meeting with the senior officials of Mashreq Bank and First Abu …
UAE-based AI firm G42 announces collaboration with U.S. group Qualcomm
History offers clear perspective of what’s to come if Donald Trump wins in November and Republicans take control of Congress. While Gates has stakes in more than two dozen companies, just four make up …
CFI UAE welcomes Jareer Hiary as new CEO following Nidal Abdelhadi’s departure
This leadership transition comes shortly after the significant milestone of launching CFI’s SCA-regulated entity in UAE as a Category One licensed broker …
Consumer sentiment and spending habits: UAE outshines global trends, reveals Toluna’s Global Barometer Wave 24
UAE consumers express a high level of satisfaction with their lives, a notably greater proportion than the global average of 43%.
Spinneys eyes expansion Saudi Arabia, UAE: Chairman
Spinneys plans to expand its store network in the UAE and enter the Saudi market for the first time, Al Khaleej newspaper reported, citing the CEO Sun …
UAE stresses importance of uniting global efforts to confront international development challenges
The UAE concluded its participation in the 2024 Spring Meetings of the International Monetary Fund and the World Bank Group, held in Washington, DC, where the main ministerial meetings and events were …
UAE approaches completion of digital currency strategy with ‘Digital Dirham’ initiative
The United Arab Emirates (UAE) is on the brink of finalizing the initial phase of its Central Bank’s ambitious strategy for the introduction of the d …
Snowdrop and PwC Middle East empower banks with Transaction Enrichment Technology for enhanced digital banking experience
Snowdrop Solutions, a leading provider of advanced transaction enrichment solutions, is pleased to announce a collaboration with PwC Middle East, one of the world’s leading professional services firms …
Treat yourself to flavourful savings with the unmissable 10 Dirham dish this Dubai Food Festival
Dirham Dish delivers savoury delights at an unbeatable price, running throughout DFF; Participating restaurants, including renowned restaurants and vibrant street food spots, w …