Finnish telecom network equipment maker Nokia has secured a $572 million (EUR 500 million) loan from the European Investment Bank, Reuters reported.
Education, Government
Preparing young Emiratis in AI is vital for UAE’s future, says minister
Omar Sultan Al Olama, UAE’s Minister of State for Artificial Intelligence, member of the Board of Trustees of Dubai Future Foundation and deputy managing Director, has revealed a new initiative that aims to equip the next generation of Emiratis with leadership skills.0 3591
Financial sector top target for phishing attacks: report
In the second quarter of 2018, Kaspersky Lab’s anti-phishing technologies prevented over 107 million attempts to visit phishing pages, of which 35.7 percent were related to financial services and targeting customers through fake banking or payment pages.
World Bank seeks to deliver world’s first blockchain-based bonds
The World Bank has announced that it is taking a step to get into digital finance to sell the first-ever bond to be issued entirely using blockchain technology.
Dubai’s first-ever digital-only bank introduces new service
Liv., the lifestyle digital bank by Emirates NBD aimed at millennials has announced that they are working with Al Etihad Credit Bureau (AECB) to provide customers easy and instant access to their AECB Credit Score.
Abu Dhabi Islamic Bank accelerates digital drive with new appointment
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has appointed Serhat Yildirim as its new Chief Digital Officer.
Bank of Sohar backs programme for blockchain training
Bank Sohar has announced its support for the upcoming Blockchain Training Programme – Intermediate level workshop, organised by the Oman Blockchain Club, the Times of Oman reported.
UAE transfers AED 1 billion wages via e-system
Around AED 1 billion ($272.2 million) worth of wages was transferred through the UAE Wages Protection System (WPS) during the period from 2013 through 2017, according to the recent figures by the Central Bank.
Blockchain technologies to shake up Dubai’s property market
Blockchain technology can transform the Dubai real estate market and the wider economy by bringing in a new level of transparency to attract global players, said international investment and advisory specialists Cryptech.
Dubai DED, Emirates Islamic Bank boost support for e-Traders
Dubai DED’s Business Registration & Licensing (BRL) sector has signed an agreement with Emirates Islamic to support holders of the e-Trader licences.
Saudi Arabia Ministry of Finance, SAMA activate electronic transactions
The Ministry of Finance and the Saudi Arabian Monetary Agency (SAMA) signed an agreement to activate e-transactions between them.