DUBAI / Reuters Demand for business loans in the United Arab Emirates has increased marginally during the fourth quarter of the last year, mainly because of stronger demand in Dubai, a central bank survey showed on Tuesday. The total demand for personal loans was flat, according to the survey. The net balance measure for business lending — the weighted percentage ...

DUBAI / Emirates Business Consumers are confident they’re safe online, but hackers have proven otherwise, stealing AED 3.86 billion from 3.72 million consumers in the UAE in the past year, according to the 2017 Norton Cyber Security Insights Report, released by Norton by Symantec on Tuesday. Within the last year more than half (52%) of the country’s adult online population ...

DUBAI / Emirates Business Dubai Land Department (DLD) announced the completion of the first phase of its building classification project, which was launched earlier in 2015 as an initiative from DLD to survey real estate projects across Dubai. Phase one focused specifically on (non-freehold) old areas in Dubai. His Excellency Sultan Butti bin Mejren Director General of DLD said: “This ...