Local News

  RITIKA SHARMA / Emirates Business A testimony to the rising popularity and acceptance of digital banking in UAE, a recent report affirms that use of online apps is on a rise in the country. Banking and finance apps usage has more than doubled in recent years, putting a full stop to all speculations about approval of technology in bank ...

  Emirates Business MBLM, the Brand Intimacy Agency focused on strategy, design, creative and technology, announced today the launch of its ‘I Drink Local’ mobile app for the iPhone and Android. I Drink Local is an MBLM initiative created to promote the consumption of local water for a more sustainable environment and reduction of our carbon footprint. The new app ...

  ALKESH SHARMA / Emirates Business As reports predict that whopping revenue of US$2 trillion will be generated through digital payments globally by 2020, experts also press for the need of having secure networks for the companies to ensure there is no cyber money heist. Industry veterans say that with astonishing rise in the users of digital payment platforms, these ...

  SHARJAH / WAM Sharjah Investment and Development Authority (Shurooq) participated in the second edition of the GCC-British Economic Forum, which took place on July 21. Organised by the Arab British Chamber of Commerce and hosted in London, the forum saw the attendance of senior Emirati and British officials, executives, decision-makers, investors and businesspersons. Held under the banner: ‘Vision, Challenges ...

  Emirates Business Etihad Airways and Arab Film Festival Australia are joining forces again in 2016 to bring the best of contemporary Arab cinema to Australian audiences. The 13th annual Arab Film Festival Australia opened last night in Sydney showcasing diverse films from Australia, Lebanon, Egypt, Iraq, Palestine and Syria. The festival program ranges from a powerful story of a ...

  DUBAI / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), revealed RTA’s intention to launch an Integrated Mobility Platform in Dubai, enabling customers an easy access to all mass transit systems through a single window (smart app). In this transit hub, RTA’s multi-modal transit systems (metro, tram, buses, marine ...

  Dubai / Emirates Business The Awqaf and Minors Affairs Foundation (AMAF) received a donation of AED500,000 from Emirates Islamic Bank in support of the salma Humanitarian Relief programme that aims to distribute millions of halal meals to victims of conflicts and wars globally, and is implemented in cooperation with several national entities. Awatif Al Harmoodi, General Manager – Operational ...

  ABU DHABI / WAM Organisers of the Etisalat Award for Arabic Children’s Literature have called for applicants who are considering entering the prestigious award programme for this year to ensure that they don’t miss the submission deadline. Sponsored by Etisalat Group (Etisalat) and organised by the UAE Board on Books for Young people (UAEBBY), the award’s eighth edition is ...

  Abu Dhabi / Emirates Business The Ministry of Finance (MoF) reviewed the International Monetary Fund’s (IMF) Article IV Mission to the United Arab Emirates report, which evaluates the UAE’s economic performance in 2016. The Executive Board of the IMF discussed the report during its last meeting, praising the country for its UAE Vision 2021, government strategies and ability to ...

  Yerevan / WAM The United Arab Emirates and the Republic of Armenia signed in Yerevan an agreement for promotion and mutual protection of investments. The agreement was signed by Younis Haji Al Khouri, Under-secretary of the UAE’s Ministry of Finance and Garegin Melkonyan, Armenian Deputy Economy Minister, in presence of Artsvik Minasyan, Armenian Economy Minister and Dr Jassem Mohammed Al ...