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Banks must wake up to demands of digital age

Emirates Business Banks must wake up to the way technology affects the daily lives of their customers, financial service decision makers have been told this week in Abu Dhabi at an event designed to shape the industry’s future in the Middle East and North Africa. Digital banking wizard Chris Skinner says banks are in danger of being left behind in ...

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Experts urge ME energy firms to invest in risk management

RITIKA SHARMA / Emirates Business Irrespective of dropping revenues due to oil slump, energy firms should maintain their investment in risk management in order to reduce the potential for future major incidents and insurance claims, industry experts suggest. Due to the known successive correlation between oil price falls that resultantly lead to insured losses, experts are calling upon energy firms ...

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Canada takes economy headon with C$120 billion in deficits

Bloomberg As an opposition lawmaker in Canada’s parliament seven years ago, Justin Trudeau criticized former Prime Minister Stephen Harper for making government “totally absent from the defining issues of our time.” In his first budget as prime minister released on Tuesday, Trudeau put the federal government back at the center of the nation’s economy with almost C$120 billion ($92 billion) ...

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