Emirates Business A new global study which includes data from the United Arab Emirates (UAE), ‘The Internet of Things: Today and Tomorrow’ published by Aruba, a Hewlett Packard Enterprise company, reveals that IoT will soon be widespread as 85% of businesses globally plan to implement IoT by 2019, driven by a need for innovation and business efficiency. While the …

  DUBAI / WAM In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued Decree No. 5 of 2017, on the formation of the board of directors of the Dubai Islamic Economy Development Centre (DIEDC). The new board serves under the supervision of Crown Prince …

  ABU DHABI / WAM Saif Hadef Al Shamsi, Assistant Governor for Monetary Policy and Financial Stability at the UAE Central Bank, said that total Islamic banking assets in the UAE have increased to approximately AED520 billion in the past few years. Al Shamsi added that Islamic banking’ assets account for around 20 percent of AED2.6 trillion of the total …