Friday 22 November 2024
 
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Chinese invest $245m in UAE money markets

The number of Chinese investors in the UAE’s money markets reached 817 as of the end of 2017, and the value of their trades exceeded Dh900 million ($245 million), according to official statistics of over 15 Chinese investment institution

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Fine-dining takes a backseat in value-driven UAE market

New food and beverage (F&B) concepts arriving in the UAE must focus on bringing ‘value for money’ to the table to achieve success in the over-saturated market, according to CEO of a new hospitality business. Yousse

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Blockchain has potential to transform the world of money

Blockchain, together with artificial intelligence, machine learning, robotics, and virtual and augmented reality, have the potential to deliver disruptive outcomes and reshape digital business in 2018. And companies that have not started the d

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Qatar Airways ranked 'Best Regional Airline'

Qatar Airways was named “Best Regional Middle East/Africa Airline” in Money magazine’s 2017 “Best in Travel” and was named runner-up for the title of “Best Overall International Airline". T

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Xpress Money provides financial literacy training to blue-collar workers

Xpress Money, one of the world’s most dependable money transfer brands, has reached out to over 125,000 blue collar workers across the GCC providing them with focused financial literacy training over the last three months. X

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UAE M1 money supply increases

The Central Bank of the UAE has announced that the money supply aggregate (M1) increased by 0.04 per cent, from Dh472.4 billion at the end of October 2016 to Dh472.6 billion at the end of November. In its statement, the bank annou

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WorldRemit inks partnership deal with Xpress Money

WorldRemit, an online money transfer service, and Xpress Money, a global leading money transfer brand, have announced a partnership to open up new remittance routes across Africa and Asia. Through Xpress Money’s extensive ag

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86pc of expats proud to call the UAE their home - survey

The UAE has been ranked high on the expat's preference list for safety and security, with 86 per cent of expats stating they are proud to call the UAE their home, a new survey has revealed. According to the Xpress Money survey

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Chinese teen hitches a ride to Dubai in Emirates cargo hold

A 16-year-old stowaway was caught hiding in the cargo hold of an Emirates passenger jet that had flown from Shanghai to Dubai, said a report. The Chinese teenager, who is in the custody of the Dubai police, said he was hoping to m

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Money top motivator for young GCC nationals

Money proved the most influential motivator for young GCC nationals, according to the latest GCC Employment Reports from Oxford Strategic Consulting, an Oxford and GCC based consultancy that specialises in building human capital across the GCC a

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