Banks in the UAE have suspended the accounts of customers who failed to update their Emirates ID details last month, leaving some residents unable to use their credit and debit cards for shopping and cash withdrawals. The move is in compliance with a directive from the UAE Central Bank, which has mandated financial institutions to […] Read more
Abu Dhabi: The UAE Cabinet, chaired by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, adopted the National Space Strategy 2030 during its meeting at the Presidential Palace in Abu Dhabi on Monday. The Cabinet meeting was attended by Shaikh Mansour Bin Zayed […] Read more
Dubai: UAE credit cardholders and borrowers are feeling the pinch of high financial services costs and have called on banks and financial institutions to lower their fees. Gulf News spoke to a section of retail banking consumers who strongly felt the need for a reduction in rates, with some saying they were being unnecessarily charged on their […] Read more
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, emphasised the importance of the logistics sector as a key driver of economic diversification as highlighted by the 50-Year Charter which outlines the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of […] Read more
This International Women’s Month, Vida Downtown is the ultimate place to catch up with the ladies – and you don’t need to settle for ‘just drinks’. That’s because 3in1 is the ultimate destination for an evening soirée – offering a beautiful terrace, delicious beverages and a menu full of exciting international dishes. And in celebration […] Read more
Dubai: Recruitment companies, credit card companies, loan agents, call centres, real estate agents, advisers from banks and independent financial advisers have the worst reputation in the UAE when it comes to professions, a new survey has revealed. Dubai-based consultancy Insight Discovery, which released the ninth edition of the Middle East Investment Panorama report on Sunday, […] Read more
Swedbank AB regularly topped rankings of Europe’s safest banks half a decade ago. Thursday, Sweden’s Finance Ministry told regulators to explain how the venerable institution had become enmeshed in allegations of money laundering. Like Danske Bank A/S of Denmark, Swedbank built its reputation in one of the world’s richest corners, until allegations tying the lenders […] Read more
