Tag: ipo

Dubai: Consumers in the UAE increasingly want to be able to resolve their basic banking issues without having to speak to a bank adviser by phone, according to a new survey from Avaya, a global communications company. The findings reveal that customers ... ( read original story ...)

Consumers in the UAE increasingly want to be able to resolve their basic banking issues without having to speak to a bank adviser by phone, according to a new survey from Avaya. The findings reveal that customers’ most preferred channel for accessing ... ( read original story ...)

A recently released study produced by Avaya and YouGov found that the bulk of UAE customers preferred to utilise digital self-service channels to access banking services, particularly through the use of a mobile app. The Customer Experience in Banking ... ( read original story ...)

Liquidity and funding pressures eased in the banking sector in 1H17 due to lower lending growth and increased government deposits in the banking system. Improved liquidity is helping to ease bank margins. Asset-quality metrics remain under pressure ... ( read original story ...)

Data provided by the Khalifa Fund shows that approximately 50-70 per cent of SMEs have had their applications for funding from conventional banks rejected and loans to SMEs account for just 4 per cent of outstanding bank credit in the UAE, significantly ... ( read original story ...)

COMMERCIAL BANK OF DUBAI - Following are second-quarter net profit estimates for Commerical Bank of Dubai in millions of dirhams. Q2 2017 %change EFG Hermes 255.00 4.07% ARQAAM Capital 222.00 -9.39% Commerical Bank of Dubai reported a net profit of 245.02 ... ( read original story ...)

Meanwhile Emirates NBD, Dubai's biggest bank by assets, came out as the leading retail bank while Jumeirah Hotels and Resorts was the leading hospitality brand. Last week Emirates was name the healthiest brand in the UAE overall, followed by WhatsApp in ... ( read original story ...)

Dubai Health Authority signed a Memorandum of Understanding (MoU) with the unique AccorHotel property, owned by R Holding, during Arabian Travel Market earlier this year. “We have also partnered with The Health Bank in a strategic initiative to enhancing ... ( read original story ...)

UAE residents have described losing their life savings after being caught up in a financial scam that sold bogus workspace developments across the globe. The collapse of Bar Works and the high-profile arrest of New York-based British businessman Renwick ... ( read original story ...)

The UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a federal decree appointing Khalid Ali Al Bustani, Assistant Undersecretary for International Financial Relations, as Director General of the Federal Tax Authority (FTA). ( read original story ...)