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Posted on 30/12/2018

UAE regulator evaluating resuming flights by national carriers to Damascus

DUBAI (Reuters) – The United Arab Emirates’ General Civil Aviation Authority (GCAA) said it is evaluating the possibility of national carriers resuming flights to the Syrian capital of Damascus. GCAA …
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Posted on 30/12/2018

UAE- THE SHE FACTOR: A great mind in her own right

The UAE is generally very competitive in most fields … However, the changes and more stringent requirements in licence applications and financial backing have helped greatly to regulate the …
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Posted on 30/12/2018

Emirates Islamic launches ‘Cardless Cash Withdrawal’ feature via its Mobile Banking App

… can now initiate the cash withdrawal from the Bank’s Mobile Banking App and the funds can then be withdrawn from any Emirates Islamic ATM without using a debit or credit card. Dubai: As part of it…
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Posted on 29/12/2018

No new taxes, fee hikes in UAE next year?

The UAE Ministry of Finance has affirmed that no new fees or additional taxes would be introduced in the coming years. The Ministry of Finance has also confirmed that the government plans to spend mor…
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Posted on 29/12/2018

Revealed: the first banking solution to earn Emirates Skywards Miles

Emirates NBD and Emirates Skywards, the loyalty programme of Emirates and flydubai, launched the Emirates NBD Skywards Savings Account and Visa Debit Card, the UAE’s first banking solution to earn Sky…
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Posted on 29/12/2018

No fee hikes, new taxes in UAE

The UAE Ministry of Finance has affirmed that no new fees or additional taxes would be introduced in the coming years. The Ministry of Finance has also confirmed that the government plans to spend mor…
( read original story …)


Posted on 28/12/2018

No fee hikes, new taxes in UAE for 2019

The UAE Ministry of Finance has affirmed that no new fees or additional taxes would be introduced in the coming years. The Ministry of Finance has also confirmed that the government plans to spend mor…
( read original story …)


Posted on 28/12/2018

Money & Me: ‘My financial responsibilities as a single mum are huge’

My dad’s background is finance, a chief financial officer of advertising agencies … I did Arabella’s third birthday at Montgomerie Golf Club, Dubai. From that party I got three bookings, from people …
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Posted on 28/12/2018

Sharjah govt plans to invest about $517 mln in Invest Bank

DUBAI, Dec 26 (Reuters) – The Government of Sharjah in the United Arab Emirates will invest up to 1.9 billion dirhams ($517.32 million) in struggling Invest Bank, the lender said on Wednesday, disclos…
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Posted on 28/12/2018

Bank mergers only saving grace for UAE bourses and investors

Dubai: UAE traders have been milking alpha from a few banking stocks listed on UAE bourses as they face a wave of consolidation. First it was the merger between First Gulf Bank and National Abu …
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Posted on 28/12/2018

Emirates Institute for Banking and Financial Studies opens registrations for specialised programs for 2018-2019

Dubai, UAE – The Emirates Institute for Banking and Financial Studies (EIBFS) has announced that the registrations are now open for its specialised banking and finance focused training programs and co…
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Posted on 28/12/2018

Dubai Islamic Bank : District cooling firm Empower settles $728m loan and targets zero debt

Emirates Central Cooling Systems Corporation (Empower), a Dubai-based district cooling provider, paid loans totalling $728 million (Dh2.67 billion), enabling it to have zero debt by the end of the yea…
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Posted on 28/12/2018

Mideast Stocks: Global market woes hurt Gulf, merger talk sends Riyad Bank to 4-year high

reaching a four-year high after saying it was in merger talks with National Commercial Bank (NCB). The Dubai index was the sole gainer of the session, inching up on the back of rises in its banking sh…
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Posted on 28/12/2018

Proposed bank merger in Abu Dhabi could lead to 1,000 job cuts – report

… the combination of National Bank of Abu Dhabi and First Gulf Bank last year to create a lender with $175bn of assets. The UAE Banks Federation said in an annual report released in late August …
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Posted on 27/12/2018

United Arab Emirates reopens embassy in Syria

The United Arab Emirates reopened its embassy in Damascus on Thursday for the first time in seven years in a move intended to counter Iranian and Turkish influence in Syria. The decision by the UAE, w…
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Posted on 27/12/2018

UAE Ministry of Finance launches Sheikh Zayed e-book initiative at elementary schools

Ministry of Finance had created the e-book to celebrate the vision and the life of a great leader who played a pivotal role in building and developing the UAE. Dubai: The Ministry of Finance recently …
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Posted on 27/12/2018

Happy New Year: No fee hikes, new taxes in UAE

The UAE Ministry of Finance has affirmed that no new fees or additional taxes would be introduced in the coming years. The Ministry of Finance has also confirmed that the government plans to spend mor…
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