India’s Federal Bank to offer blockchain based remittance solutions to NRIs

March 29, 2019 7:42 am0 comments
India’s Federal Bank to offer blockchain based remittance solutions to NRIs

With more than 15% market share in remittances, bank expects to grow through digitisation 29/03/2019 Friday ,  Dubai: Federal Bank, an Indian private sector bank, on Thursday launched two technology-based remittance variants in the UAE enabled through partner exchange houses and banks for making remittances to India. With more than […]

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Samruk-Kazyna in talks with UAE company for telecom firm stake

7:35 am0 comments

The negotiations are in initial stage for a stake sale in Kazakhtelecom 29/03/2019  Friday , Dubai: Samruk-Kazyna sovereign wealth fund, which has assets of $67 billion, is in initial negotiations with UAE telecom major Etisalat for a potential stake sale in Kazakhtelecom, as the fund is planning a slew of […]

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Dh37.2b dividends to be paid out by 114 UAE-listed companies

7:23 am0 comments
Dh37.2b dividends to be paid out by 114 UAE-listed companies

Banks are the largest distributors of profits 29/03/2019 friday ,  Abu Dhabi: Cash dividends totalling Dh37.2 billion are proposed to be paid out for 2018 by 114 companies listed in UAE capital markets, a growth of 16.2 per cent year-on-year.Banks are the largest distributors of profits, with 18 UAE banks […]

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New Dh2 billion ‘mini city’ project in Sharjah to run fully on renewable energy

March 28, 2019 8:48 am0 comments
New Dh2 billion ‘mini city’ project in Sharjah to run fully on renewable energy

Set on 7.2 million square feet, sales of 1,120 villas start Thursday 28/03/2019  Thursday ,  Sharjah:  Sharjah is to build a Dh2 billion “mini-city” occupying 7.2 million square feet and featuring up to 1,120 villas that will be run fully on renewable energy sources. The location for Sharjah Sustainable City — […]

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Flying out of Dubai during spring break, holiday in April? These are busiest days to travel

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Flying out of Dubai during spring break, holiday in April? These are busiest days to travel

Emirates expects more than 200,000 flyers to take off in just two days 28/03/2019, Thursday, Dubai: People flying out of Dubai have been warned that the airport terminals will be more crowded the usual over the next few days when UAE residents are expected to go on vacation during the upcoming […]

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Boeing ‘very confident’ in changes to 737 Max software

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Boeing ‘very confident’ in changes to 737 Max software

Company says pilots will have to undergo training before flying 737 Max jets again 28/03/2019 Thursday, Dubai: Boeing on Wednesday outlined a series of changes it will be making to the software on its 737 Max aircraft, which has been grounded across the world following two fatal crashes.The American manufacturer […]

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