Findings from Accenture's 2017 Digital Consumer Survey reveal that those in the UAE are ready to embrace AI technologies, with 76 per cent of users comfortable with an AI application responding to their query, while 68 per cent have interacted with ... ( read original story ...)
Dubai Aquarium big screen breaks Guinness records
Dubai: The world’s largest organic light-emitting diode (OLED) screen fastened above the front facade of Dubai Aquarium and Underwater Zoo at The Dubai Mall has been recognised by Guinness World Records, said Emaar Entertainment on Wednesday. In a city ... ( read original story ...)
Banker sues hotel for Dh50m after finding bloodied bandage in meal
Dubai: One of the UAE’s top banking personalities is suing a landmark hotel for Dh50 million in compensation after finding a bloodied bandage in his plate during a VIP business dinner. The high-profile banker had contacted the Dubai-based hotel to ... ( read original story ...)
UAE’s credit and deposit growth eased in June
Credit and deposits growth in the UAE’s banking sector eased in June according to the monetary data from the Central Bank of UAE. Gross loans fell by 0.5 per cent month on month. While the on ongoing weak credit demand has contributed to slower credit ... ( read original story ...)
Buying in blue chip triggers late recovery in Dubai index
Emaar Properties witnessed buying in the last hour of trade, triggering a recovery in the Dubai index. The Abu Dhabi index jumped 1 per cent on buying in banking stocks. The Dubai Financial Market General Index closed 0.32 per cent higher at 3,660.94 ... ( read original story ...)
Abu Dhabi plastics sector creates $55bn funding
the Emirates official news agency. "Among its multifaceted strategic objectives, Abu Dhabi Economic Vision 2030 lays a special focus on non-oil sectors as part of the economic diversification programme which is premised to ensure a sustainable development ... ( read original story ...)
Closed emigration agency has been promising refunds since June
Abu Dhabi: The emigration service agency in the capital ... during the past few months over its failure to deliver results on time. The clients told Gulf News on Wednesday that they had been visiting the office several times to collect the promised ... ( read original story ...)
Aramco pits London against New York as Saudis pick venue for IPO
Dubai: Saudi Arabia aims to sell about 5 per cent of Saudi Aramco in an initial public offering next year, and stock exchanges from the UK to Japan are vying for what may be the world’s richest IPO. The Saudi crown prince, Mohammed bin Salman ... ( read original story ...)
UAE banking customers prefer mobile apps over call centres
UAE banking customers prefer making transactions via mobile banking channels rather than dealing with an adviser by phone, a new survey has revealed. About 61 per cent of UAE consumers said they preferred their bank’s website or mobile app to make a ... ( read original story ...)
Mashreq Bank Wins 2016 WfMC Global Awards for Excellence in Business Process Management
DUBAI & WESTBOROUGH, Mass.--(BUSINESS WIRE)--Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its clients, today announced that Mashreq Bank, UAE’s leading financial ... ( read original story ...)