The CEOs Consultative Council of UAE Banks Federation (UBF), the umbrella body representing banks operating in the UAE and the unified voice for the UAE banking sector, held its first meeting under the chairmanship of H.E. Mohammad Omran Al Shamsi, Vice Chairman of UBF, Chairman of RAK Bank, and attended by CEOs of UBF member […]
Category: NEWS
100% increase in Russian and CIS property investments in Dubai during H1 2022
Property sales to customers from Russia and the 11 other Commonwealth of Independent States (CIS) countries doubled in H1 2022 compared to the same period last year, according to Dubai-based property consultants Mira Estate. Mira Estate achieved more than AED 2 billion in property sales to CIS customers so far in 2022. The company’s sales […]
Kerten Hospitality continues to lead the New Age of hospitality
Kerten Hospitality – a mixed-use, ESG and lifestyle hospitality group operating hotels, branded residences, collaborative social and business Hubs complemented by food and beverage, under its brands The House Hotel and Residence, Cloud7 Hotel and Residence and Ouspace – is putting their actions where their mouths are by transforming the traditional Commercial function, into a […]
ADDED and GE Digital partner to accelerate digital transformation in Abu Dhabi’s manufacturing sector
The Abu Dhabi Department of Economic Development (ADDED) today signed a memorandum of understanding (MoU) with GE Digital (NYSE: GE) to accelerate the digital transformation of the Emirate’s manufacturing sector by leveraging innovative solutions to strengthen the UAE’s position as a global hub for the Fourth Industrial Revolution (Industry 4.0). The agreement was signed by […]
Dubai Land Department announces strategic collaboration with Emirates NBD to boost UAE real estate
Dubai Land Department has partnered with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, on landmark initiatives aimed at boosting and strengthening the UAE’s real estate proposition. To support the rental market, rental cheque payments will soon be automated and digitised through enabling of rent collection using […]
United Arab Bank goes live with Arab Monetary Fund’s Buna platform
United Arab Bank (UAB) announced the launch of cross-border multi-currency settlement service through BUNA payment platform. Incorporated in the UAE and operated by the Arab Regional Payments, Clearing and Settlement Organization, a subsidiary of the Arab Monetary Fund (AMF). Buna offers its participant members modern payments solutions that comply with international requirements against financial crime and adhere […]
Zoho joins forces with Falak Investment Hub to digitally empower startups and young talents in Saudi
Zoho Corp., a leading global technology company, signed a Memorandum of Understanding (MoU) with Saudi-based Falak Investment Hub to work together to digitally empower youth and startups in Saudi, and support them in their digital transformation journey. As per the MoU, Zoho will provide startups associated with the Falak Investment Hub network wallet credit worth […]
New broker backed by Artificial Intelligence department is entering the market
“Hi, I am Andy. I have no ego and no emotions, my memory is not limited. I can work with an infinite amount of data and evaluate them continuously. I’m capable of accurate and emotionally free judgement,” says Andy, a virtual analyst accompanying clients of Tradematics broker through the process of trading. Tradematics has recently […]
Americana Restaurants partners with Yum
Americana Restaurants, the leading restaurant platform in the MENA region, announced today that it has signed a Franchise Agreement with Yum! Brands, the world’s largest restaurant company, to develop and operate Pizza Hut restaurants across the Kingdom of Saudi Arabia, except for Jeddah city. With over 54,000 restaurants in more than 155 countries and territories, […]
Protecting the environment can protect us from pandemics
Press Release Protecting the environment can protect us from pandemics:New study from BEEAH Environment ServicesDamaged environmental ecosystems are leading to the increased prevalence, transmission, and severity of disease outbreaks Sharjah, United Arab Emirates (July 4, 2022): Deforestation, air, soil, water pollution, imperishable waste and other environmental issues impacting the globe are intrinsically linked to the […]