Articles by: mf_admin

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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Prokop faces challenge to defend Abu Dhabi Desert Challenge crown

7:30 am2 comments
Prokop faces challenge to defend Abu Dhabi Desert Challenge crown

Ceremonial start at Yas Marina Circuit track on Saturday 29/03/2019 Friday , Abu Dhabi: The eyes of the cross country rallying fraternity will be on the UAE capital when the Abu Dhabi Desert Challenge, powered by Nissan, kickstart on Saturday. Organised by the Automobile and Touring Club of the UAE […]

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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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The future is already here for Gabriel

7:19 am0 comments

Every running of the Dubai World Cup is a build-up to the next for DRC vice-president 29/03/2019 Friday ,  Dubai: The vice-president of racing at the Dubai Racing Club (DRC) aims to use Saturday’s running of the Dubai World Cup as a dress rehearsal before the event marks its silver […]

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US domination of Golden Shaheen may continue

7:14 am1 comment
US domination of Golden Shaheen may continue

XY Jet likely to make the most of Roy H’s absence in sprint 29/03/2019 Friday , Dubai: Following the scratching of Roy H, the back-to-back winner of the Group 1 Breeders’ Cup Sprint and the Eclipse award for champion sprinter, nine horses go to post in what promises to be […]

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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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Intra-Arab payment system eyed in UAE to cut remittance costs, boost investments

8:31 am0 comments
Intra-Arab payment system eyed in UAE to cut remittance costs, boost investments

Arab Monetary Fund is in final stages of completing ARPS project, top official says 28/03/2019  Thursday , Abu Dhabi: A new entity that is being set up by Arab Monetary Fund to facilitate and increase intra-Arab financial and economic transactions as part of Arab Regional Payment System (ARPS) will be […]

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Uber’s acquisition of Careem to have multiplier effect

8:15 am0 comments
Uber’s acquisition of Careem to have multiplier effect

Serial entrepreneur Fadi Ghandour says deal comes as ‘fantastic’ news to ecosystem 28/03/2019 Thursday, Dubai: Uber’s mega deal to acquire local rival Careem for $3.1 billion (Dh11.3 billion) is expected to put the region’s start-up sector under the international spotlight and multiply the number of entrepreneurs in the Middle East. […]

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Parents ask school to publish list of books in advance

8:11 am3 comments
Parents ask school to publish list of books in advance

Parents say they will only know what to buy on day of sale, ‘too close’ to new year 28/03/2019  Thursday , Dubai: A number of parents of a popular school in Dubai said parents have not been informed sufficiently in advance what textbooks to buy for the new academic year, […]

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