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Takaful Emarat reports AED53.4mn net income

Dubai / WAM Takaful Emarat, the DFM-listed, Shariah-compliant Life and Health Takaful provider, announced its Q2 financial results for six-month period ended June 30. Results were approved at the company’s Board of Directors meeting. Takaful Emarat reported a net profit of AED0.9 million for the first half of the year. This growth is attributed to the company’s continuous investment in ...

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MBRF hires consultancy to conduct post-fund monitoring of SMEs

DUBAI / WAM Mohammed Bin Rashid Fund (MBRF), the financial arm of Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, has appointed Metis Management Consultancy to conduct post-fund monitoring services for all the companies supported by the Fund. The partnership will enable SMEs assisted by the Fund to have greater access ...

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Mobile app most preferred banking channel for UAE customers: Survey

DUBAI / Emirates Business Consumers in the UAE increasingly want to be able to resolve their basic banking issues without having to speak to a bank adviser by phone, according to a new survey from Avaya. The findings reveal that customers’ most preferred channel for accessing banking services is via a mobile app, contacting bank advisers only for more consultative ...

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