Sara Hsu SPECIAL TO EMIRATES BUSINESS China’s peer-to-peer (P2P) lending sector has witnessed expansion in recent years, despite periodic clampdowns on excessive risk. This has led to on-again, off-again surges in activity in this shadow banking sector. In some cases, criminal activity has highlighted the perils of borrowing or lending through this industry, but the loan availability for borrowers and ...
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May, 2016
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21 May
As Obama heads to Vietnam, he must keep human rights in mind
Vu Minh Khanh was in Washington last week to address a congressional hearing. As the wife of the respected Vietnamese human rights lawyer Nguyen Van Dai, she vividly recalled her husband’s ordeal. He has been missing ever since he was arrested last December. She knows he is in police custody but is unaware of his whereabouts and fears for his ...
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21 May
Trump already damaging US alliances
The U.S.-Japan and U.S.-ROK alliances have survived the Cold War, drastic regime change, and global economic turmoil, but can they withstand a full-on assault by U.S. presidential candidate Donald Trump? Trump’s fiery, and even racist, rhetoric has U.S. allies worried about the future direction of U.S. foreign policy and presence in East Asia. When examining alliances, scholars and alliance ...
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21 May
Your smartphone may soon be a virtual theater
Google’s annual developers’ conference, known as the I/O, has now become what Apple’s events have ceased to be: A window into the near future of consumer tech. This year’s event revealed two important bets Google is making for the post-smartphone era. The short version of Google’s (for the sake of convenience I will keep calling it that rather than ...
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21 May
MoF strengthens trust in e-Dirham security features
Abu Dhabi /Â WAM The e-Dirham system, launched and managed by the Ministry of Finance (MoF) in partnership with the National Bank of Abu Dhabi, recently received the Certification of Compliance in Payment Card Industry Data Security Standard (PCI DSS). This certification conferred by Trustwave Holdings, is particularly for the system’s 11 components and for the security compliance of its ...
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21 May
Jotun to exhibit latest wall trends
Abu Dhabi / Emirates Business Jotun, the leading paint manufacturer in the Middle East, is showcasing latest trends of wall designs at the 2016 International Design Exhibition (INDEX) which will be held from May 23-26 at the Dubai World Trade Centre. Showcasing different designed spaces, Jotun will highlight the latest shades and textures in the world of colour for ...
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21 May
Dubai Culture announces line-up of activities for SIKKA Art Fair 2017
Dubai / Emirates Business Dubai Culture & Arts Authority (Dubai Culture) announced a host of new and exciting initiatives for the SIKKA Art Fair’s 2017 edition. The SIKKA Art Fair, Dubai Art Season’s flagship initiative, is held under the patronage of Her Highness Sheikha Latifa Bint Mohammed Bin Rashid Al Maktoum, Vice Chairman of the Dubai Culture & Arts ...
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21 May
DIFC marks participation at City Week London
Dubai / Emirates Business Dubai International Financial Centre (DIFC), the global financial services hub connecting businesses and financial institutions with emerging markets across the Middle East, Africa & South Asia (MEASA), marked a strong participation at City Week 2016 in London. Showcasing its unique offering among the world’s financial industry, DIFC explained its distinct proposition to key firms during ...
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21 May
Session held to impart interest in Arabic literature among kids
Sharjah / Emirates Business The Etisalat Award for Arabic Children’s Literature, sponsored by Emirates Telecommunications Corpor- ation (Etisalat) and organised by the UAE Board on Books for Young People (UAEBBY), held a number of discussion panels at two schools in the Northern emirates — one at Umm Al Shahid primary school in Umm Al Quwain and one at Salem ...
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21 May
Firms go smart to hire the best
ALKESH SHARMA / Emirates Business Drifting away from traditional norms of recruiting using emails and phone calls, the 21st century recruiters are strategically using smart devices to hunt the right talent in the market. The GCC nations are prolifically using mobile technology to attract, engage and hire potential candidates. According to the reports, UAE is the main harbinger in ...
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