UAE customers prefer digital-first approach to banking services

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 ...)

Avaya: UAE customers opt for digital approach to banking

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 ...)

Dubai launches regulatory framework for crowdfunding platforms

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 ...)

Dubai Q2 earnings estimates

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 ...)

Dubai eyes medical tourists

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 investors caught up in Bitcoin and Bar Works financial scams

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 ...)

Khalid Ali Al Bustani named FTA director general

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 ...)