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UAE banks’ individual deposits hit AED13bn

Abu Dhabi / WAM Deposits by individuals continued to rise in UAE banks during the last quarter of 2020, hitting around AED13 billion despite economic challenges, statistics by the central bank of the UAE have showed. This ratcheted the cumulative balance of deposits in UAE banks up to AED493.9 billion by the end of December from AED480.9 billion in September ...

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No fee hike at Dubai schools for 2021-22

DUBAI / WAM The Knowledge and Human Development Authority (KHDA) on Monday announced that private schools in Dubai will not be increasing tuition fees for the 2021-22 academic year. This is the second consecutive year that fees for Dubai schools have remained steady. Dubai’s private school sector demonstrated its resilience and growth potential with student enrolment increasing by 2.6 percent ...

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Emirates, TAP Air Portugal strengthen codeshare ties

DUBAI / WAM Emirates and TAP Air Portugal signed a memorandum of understanding to expand the codeshare partnership currently in place between both airlines. The new agreement will see customers of both airlines benefit from seamless connectivity on many new routes across the Americas, North Africa and East Asia. Emirates and TAP Air Portugal will also explore ways to enhance ...

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