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AMEinfo: UAE Central Bank’s AED 100 bn stimulus

16 Mar 2020

Business houses across the country have welcomed the much-needed AED 100 billion ($27.2bn) economic stimulus plan announced by the UAE Central Bank on Saturday. The stimulus measure is part of a comprehensive action plan to help corporates and customers overcome the liquidity and solvency crisis, at a time when the coronavirus outbreak and the oil price collapse are adversely affecting deposits and lending.

UAE banks will have to process consumer complaints within timeframe

17 Feb 2020

Banks and financial institutions in the UAE will have to process consumer complaints within a certain timeframe and also give clear reasons in writing on the matter under the new framework which the Central Bank is developing

New workplace guidebook for students launches in the Emirates

15 Feb 2020

A free careers book for students has been launched in the Emirates with the support of professional services firms Grant Thornton and PwC.

UAE businesses still have gaps in cyber space

15 Feb 2020

Even with cyber attacks an ever present danger, UAE businesses are just not doing enough to keep data safe.

James Tebbs: “Develop resilience, take responsibility for your mistakes”

11 Feb 2020

In this interview series, we are exploring the subject of resilience among successful business leaders. Resilience is one characteristic that many successful leaders share in common, and in many cases it is the most important trait necessary to survive and thrive in today’s complex market.

The Business Breakfast: Online Recruitment Fraud

06 Feb 2020

Dubai police have arrested a gang of cyber criminals trying to steal up to a billion dollars in an employment scam. We speak to a legal forensics expert about how to spot - and avoid - online recruitment fraud. James Tebbs is a Forensics Advisory Partner at Grant Thornton.

Dubai-Abu Dhabi gas field discovery to boost UAE’s economic growth

05 Feb 2020

The massive gas discovery announced by the UAE authorities on Monday combined with recent oil and gas finds are expected to make the country energy self-sufficient while boosting the oil-GDP [gross domestic product] and external balances, according to economists and oil industry experts.

Borrowing costs in UAE could drop in 2020

20 Jan 2020

Borrowing costs for personal, auto, and home loans in the UAE are most likely to remain stable, or could slightly drop in 2020.

Dubai Islamic shareholders approve the acquisition of "Noor Bank"

19 Dec 2019

Dubai Islamic Bank shareholders have approved the acquisition of Noor Bank, subject to the approval of the appropriate regulatory authorities and through the entry of strategic partners.

Will UAE's mega plan to boost business confidence?

17 Dec 2019

The UAE government’s latest initiative to build a comprehensive plan for the next 50 years is expected boost business confidence in the country, analysts confirm.