Recent Posts

Bank of Sharjah assets hit AED27,587 million

SHARJAH / WAM Bank of Sharjah, reported its financial results for the year ended December 31, 2015, showing a continued growth of its loan book while maintaining the solid structure of its balance sheet, with high levels of both liquidity and equity. Total assets reached AED 27,587 million, an increase of 10 percent over the corresponding December 31, 2014 figure ...

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DEWA drones to boost infra

Dubai / WAM Dubai Electricity and Water Authority (DEWA) has developed its use of drone technology as part of its Sirb (Arabic for fleet) initiative, which contains a fleet of high-end drones used to support Dubai’s infrastructure and contribute to providing efficient and easy-to-use services. The initiative supports national efforts to use modern technologies to serve humanity. DEWA has improved ...

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Dubai authorities ring alarm over cyber extortion

Ritika Sharma / emirates business Cybercrime is the second most reported economic crime affecting 30 percent of the Middle East organisations, indicates ‘Global Economic Crime Survey 2016: Middle East’ report by pwc. In the wake of this alarming situation, Dubai Customs and General Directorate of Dubai Police Al Ameen Service organised a workshop themed around cyber extortion and the effect ...

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