The Central Bank of the UAE joined forces with Dubai’s Department of Finance to help the latter digitally process the fee payments owed by the consumers of Dubai government entities. As part of the …
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CBUAE and DoF to facilitate Dubai fees payment
The Dubai Department of Finance (DoF), and Central Bank of the UAE (CBUAE), have signed a Memorandum of Understanding, MoU, aimed at facilitating the payment of fees owed by consumers of Dubai governm …
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Abu Dhabi’s ADQ plans to establish, list a digital bank
FAB, which plans to transfer its licence for First Gulf Bank to ADQ, said it intends to own a 10% stake in the digital bank …
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Dubai DoF signs MoU with CBUAE to facilitate payment of fees owed by consumers of Dubai government entities
The MoU was signed by H.E. Abdulhamid M. Saeed Alahmadi, Governor of the Central Bank of the UAE, and H.E. Abdulrahman Saleh Al Saleh, Director General of Dubai Department of Finance.
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Exclusive: UAE applies to join European Bank for Reconstruction and Development
The United Arab Emirates is the latest country to request to join the European Bank for Reconstruction and Development, while the Czech Republic is considering asking the lender to restart operations …
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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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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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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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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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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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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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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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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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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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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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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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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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