May, 2016

• 1 May

  EXUS receives recognition for ‘loan solutions’

  

    Dubai / Emirates Business EXUS on Sunday announced that its Financial Suite software was profiled in a recent CEB TowerGroup analyst report, “Loan Collections Systems Technology Analysis,” as being a “best-in-class” solution, for core collections, enterprise technology and customer management. The report, published in March, is the first ever global technology analysis of loan collections systems by an industry ...

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• 1 May

  Dear guest, let’s be e-friends!

  

    RITIKA SHARMA / Emirates Business Social media has penetrated into our daily life in a big way. Especially in the UAE, aided by high rates of smart phone access, social media has become an inseparable part of our personalities. Giving social media the much deserved attention, hospitality industry in UAE is exploring the innovative side of this technology to enhance ...

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• 1 May

  Wall Street Exchange remittance business grows 10pc in 2015

  

    Dubai / Emirates Business Wall Street Exchange, UAE’s leading comprehensive money exchange service provider and a member of Emirates Post Group, has reported a 10 percent growth in its remittance business for 2015, driven by its excellent customer service and best currency rates. The Chief Marketing and Support Services Officer of Wall Street Exchange, Sultan Al Mahmoud, said, “We ...

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• 1 May

  Dubai Association Centre issues licences to 23 associations

  

    Dubai / Emirates Business Affirming Dubai’s success in consolidating its position as the centre for professional associations in the region, the Dubai Association Centre (DAC) has announced 44 percent rise in its membership in the first quarter of 2016 which takes the Centre’s total membership to 23 from last year’s 16. The recent joining of seven new associations reflects ...

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• 1 May

  UAE delegation to represent at WSIS Forum 2016

    Emirates Business UAE’s 39 delegates will attend the World Summit on the Information Society (WSIS) Forum taking place from May 2-6 in Geneva, Switzerland. WSIS Forum 2016 is the latest edition of the leading global forum for ICT-driven development. It is co-organised by the International Telecommunication Union (ITU), the UN Educational, Scientific and Cultural Organization (UNESCO), the UN Development ...

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• 1 May

  Tadweer acts as catalyst to promote events in Abu Dhabi

  

    Abu Dhabi / Emirates Business Tadweer (the Center of Waste Management — Abu Dhabi), spared no effort to provide support and assistance for all the events and occasions that aim to educate communities on the importance of preserving the environment. These events provide a platform to connect with the communities to encourage them to exercise and adopt a proper ...

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• 1 May

  Saudi’s ICT spend to grow SAR 43.7bn by 2020

  

    Saudi Arabia / EMIRATES BUSINESS KSA is the largest economy within the GCC and home to some of the most prominent companies in the region. However, the country’s economy is undergoing a transition to keep up with the challenging global macro-economic environment, as well as to meet the government’s Vision-2030 strategy. A recent study, estimates that Saudi Arabia’s ICT ...

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• 1 May

  Turnbull readies key election budget

  

    Sydney / AFP Australia’s conservative government is pledging to drive economic and jobs growth when it hands down its budget on Tuesday, with an eye firmly on upcoming national elections that are shaping up to be a tight race. The budget is seen as a key test for Prime Minister Malcolm Turnbull, a former investment banker who ousted his ...

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• 1 May

  China manufacturing index expands at slower pace

  

    Beijing / AFP China’s economic recovery stabilised in April, an official factory activity gauge showed on Sunday, as the property market recovered and credit grew. The Purchasing Manager’s Index (PMI), tracking activity in factories and workshops, rose for the second successive month, the National Bureau of Statistics said. The figure was 50.1 compared to 50.2 in March. But any ...

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• 1 May

  Recent rise in yen ‘extremely worrying’: Japan FM

    TOKYO / AFP Japan’s finance minister said the recent sharp rise in the yen is “extremely worrying”, adding Tokyo will take action when necessary. The remarks, which suggest Tokyo’s possible market intervention, came after the Japanese unit surged to an 18-month high against the dollar in New York Friday. It extended the previous day’s rally, which was boosted by ...

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