DIB becomes world’s largest Islamic bank with Noor Bank acquisition
DIB will have total assets worth Dh275 billion, making it the fourth largest bank in the UAE...
Tag : UAE
UAE developer predicts Dubai property market to recover in 2020
The recovery will be backed by Expo 2020, new government initiatives and favourable payment plans...
Oman to introduce 5% VAT in early-2021 to generate additional revenue
The UAE, Bahrain and the Kingdom of Saudi Arabia have already levied VAT as agreed by the six GCC members...
Emirates NBD inks deal with DLD to offer trust account services
ENBD is the first UAE bank to team up with RERA after the new law in September 2019...
Blockchain technologies to help UAE conserve over Dh11 billion
UAE can save 398 million printed papers and up to 77 million hours of work annually using blockchain...
Department of Finance Ajman: Building an open, competitive economy
The award-winning department is at the forefront of deploying intelligent financial systems in the UAE...
Workplaces in the UAE more open to embracing AI to foster innovation
A survey led by Oracle and Future Workplace has found 72% of UAE respondents are more optimistic about AI at work...
UAE, Saudi banks expect increase in loan demand in 2020
Dubai Expo 2020, banks’ regional expansion and slowdown in property market are contributing factors to rising credit...
UAE leads the Gulf in digital economy with 18% of Middle East
Size of digital economy in the Middle East touched $30 bn in 2018...
Air Arabia Abu Dhabi becomes a UAE national carrier
The UAE government’s decision is aimed at further establishing development plans for the aviation sector...