Union Properties PJSC Profits Rose 483% in Q2 of 2021, Compared...
Total assets reached AED 6 Billion
Continuous positive performance for a 2nd Quarter in a row
Resolving the qualification of the external auditor
Union Properties...
GCC Consumers Opt for Digital Banking Services Post Covid-19
77% of respondents in the GCC access digital banking services at least once a week.
44% are willing to switch to a different bank due...
Consumer Banking Marketplace Driven By Artificial Intelligence Launches in UAE
The soon to be launched disruptive marketplace will be an end-to-end solution catering to consumer banking, valuation and insurance needs in one ecosystem.
The UAE...
![Emirates Development Bank [EDB] today announced that it has signed an agreement with Beehive, the UAE’s first Peer-to-Peer lending platform.](https://www.dubaichronicle.com/wp-content/uploads/2021/06/Emiretes-Development-Bank-Logo-324x160.jpg "Local Bank and Peer-to-Peer Platform to Offer Financing for SMEs"){kind=logo}
Local Bank and Peer-to-Peer Platform to Offer Financing for SMEs
Emirates Development Bank , a key financial enabler of the UAE’s economic diversification and industrial transformation agenda, today announced that it has signed an...
France Remains The Most Attractive Country in Europe for Foreign Investors
The 2021 EY Attractiveness Survey for France, published by EY, confirms France’s position as European leader for incoming foreign investment in 2020.
France held its...
UAE – A Forerunner in Development of AML Systems; Business Sector...
Ministry organizes media briefing on anti-money laundering & ultimate beneficial owner procedures.
The Ministry of Economy (MoE) held an extensive media briefing on the system...
Over 40% of Those Engaged in Bitcoin Community are Millennials
Millennials are driving more interest in bitcoin, with the digital asset increasingly holding the potential to disrupt traditional finance systems. The interest by this age...
The Rise and Fall and Rise and Fall of Bitcoin
Recently we proclaimed 2021 to be 'the year of the cryptocurrency'. It was four weeks ago (ages in crypto terms), and a whole raft...
AWS To Open Data Centers In UAE
New cloud infrastructure region to launch in first half of 2022, allowing customers to run workloads and store data locally while serving end users...
GCC Investors Need to Look Wider for Growth Opportunities
Modest 2021 recovery forecasts for the GCC have increased the focus on diversification from the hydrocarbon sector, potentially opening up some less traditional growth...
Foreign Direct Investments into UAE Grow by 44.2 Percent in 2020
Foreign direct investment (FDI) into the United Arab Emirates (UAE) grew by 44.2 per cent in 2020 compared to 2019 and reached to a...
Musk Still Believes in Bitcoin – He Didn’t Sell Any
Elon Musk’s sudden u-turn regarding Bitcoin on Twitter - which sent prices plummeting by 30% - could be more of a PR stunt than...
Global Sell-off Should be a Reality Check for Investors
Concerns about inflation that are rattling global stock markets should be used as a reality check for investors, says the CEO of one of...
Worldwide Venture Investments Soared by 94% in Q1 2021 to All-Time...
For the first time in history, global venture investments surpassed $100 billion in Q1 2021. According to the research data analyzed and published by Sijoitusrahastot,...
Visa, Airbnb Partner to Get Hosts Paid Faster with Visa Direct
Visa, the world’s leader in digital payments, and Airbnb, a leading online marketplace for lodging and experiences, today announced Airbnb Hosts in select markets...
Resilience of Corporate Debt in Emerging Markets Expected to Continue
The percentage of Emerging Market firms defaulting on corporate debts due to the impact of the pandemic is expected to be lower than in...
Market Cap of Top Five Online Travel Companies Jumped by $54B...
The Covid-19 pandemic has hit the travel industry hard, including online travel agencies, whose revenues and reservations dipped to the lowest point in years...
Ethereum Expected to Break $5,000 and Hit Fresh All-time Highs
The Ethereum price is likely to hit $5,000 over the next seven days as the cryptocurrency reaches new all-time highs, predicts the CEO of...