Electronic trading platform launched by National Bank of Fujairah
UAE-based National Bank of Fujairah (NBF) has launched its new electronic trading platform NBFX. Now, their customers can carry out financial transactions beyond the bank’s working hours and across all time zones. NBFX is available for both of National Bank of Fujairah’s conventional and Shariah-compliant banking customers. The chief executive of NBF Vince Cook told […]
Buy now, pay later players tackle credit conundrum in Mideast’s Gulf
As the pandemic drives a shift in consumer spending online, Financial technology start-ups in Saudi Arabia and the United Arab Emirates offering online short-term credit. Consumers have traditionally been sceptical of paying for goods before getting them. And in such a region the digital buy now, pay later (BNPL) purchasing is relatively a new beginning. […]
UAE approves $8.2 Billion Stimulus Package to boost Economy
Mohammed Bin Rashid Al-Maktoum, Vice president, prime Minister and Ruler of Dubai, said in an announcement that the UAE government has approved an AED30 billion ($8.2 billion) package to support economic growth in potential companies. Sheikh Mohammed gave approvals for the Emirates Developmental Bank (EDB) in this regard. He said in a statement that the […]
Telemedicine, the new feature of Ministry of Health and Prevention
MoHAP showcased its recent updates of its world class telemedicine and health monitoring services, as a part of its active participation in GITEX Technology Week 2020, which was held at the Dubai World Trade Centre from 6 to 10 December 2020. The updates aimed to deliver the innovative digital health solutions and services, deliver specialized […]
Another outlook on Dubai’s Economy
Imran Farooq, CEO of Dubai based Samana developers, shared his insights regarding the return of the realtors and buyers in the year 2021 for the purchase of properties. International buyers seems to have lost interest in buying property from Dubai in the year of pandemic but the CEO is sure that they will return in […]
Dubai rebounding for a speedy recovery!
Recently there was a massive drop in prices of Dubai market property. Taking this as an advantage real estate developers, executives and analysts believe that the investors and end users are expected to buy the apartments and villas in Dubai. And spending on the infrastructure development there will be a growth in trade and inturn […]
Private Cloud Infrastructure Model to take over
Nutanix’s commissioned reports said almost 15 percent of UAE’s businesses use legacy data center only ecosystem and almost a third of UAE‘s industries are powered via the private cloud infrastructure models, almost a 35 percent of UAE. For the coming future, Private cloud a variable element of hybrid cloud model is approved as idealistic IT […]
UAE telecom giants
Telecommunication is the process of transmission of information by means of various types of technologies like over wire, radio, optical means etc. To provide best services for costumers/clients in UAE the telecom giants like Du and Etisalat have partnered with Emaar properties. Now all the clients associated will have sufficient amount of options of the […]