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UAE central bank reports M1 increases by 0.7%

Abu Dhabi / WAM The central bank of the UAE announced Money Supply aggregate M1 increased by 0.7%, from AED560.3 billion at end of April to AED564.3 billion at the end of May. The Money Supply aggregate M2 decreased by 0.9%, from AED 1464.8 billion at the end of April to AED 1451.9 billion at the end of May. The ...

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National Takaful Company takes underwriting policies online

Abu Dhabi / Emirates Business National Takaful Company (Watania) that taglines itself as #SettlesClaimsFaster has launched its online customer portal to underwrite policies and to add great convenience to its customers. It provides a non-touch and paperless environment to get a policy online and that too in less than four minutes. Gautam Datta, CEO Watania says, “Our success in turning ...

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Abu Dhabi’s Adda, Intel sign deal to accelerate digital shift

ABU DHABI / WAM The Abu Dhabi Digital Authority (Adda), the government entity that leads the digital transformation in the emirate of Abu Dhabi, announced the signing of a Memorandum of Understanding (MoU) with Intel aimed at expanding their strategic partnership and boosting cooperation, especially in the field of accelerating digital transformation in Abu Dhabi. The MoU was signed remotely ...

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