Ministry of Economy | Al Bawaba

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Banks are trimming branch numbers as consumers tilt towards online banking. (Shutterstock)

August 30th, 2018 - 08:55 GMT

Report: UAE Banks Laid off Over 600 Employees in 2017

More than 600 employees were made redundant by UAE banks last year as they reduced the number of branches, reveals the UAE Banks Federation's (UBF) annual report.

Banks are not funding because they are a risky investment and there is a need to have a separate venture capital or guarantee scheme for them. (Shutterstock)

July 8th, 2018 - 08:21 GMT

Default Rate Declined Remarkably Among UAE SMEs

The process for funding such companies will involve monetary funds, which will have the authority to collect the necessary funding for these companies. (Shutterstock)

July 2nd, 2018 - 09:21 GMT

Ministry of Economy, SCA to Launch Platform for Funding SMEs in UAE

(AFP/File Photo)

May 20th, 2018 - 01:00 GMT

Sharjah: Up to 70% Fake Ramadan Discounts Are being Foiled by Authorities

"People should buy products and goods according to their needs." (Shutterstock)

May 10th, 2018 - 11:29 GMT

UAE Residents' Alert: Warning Against Excessive Spending During Ramadan

Protectionism was not a tool to protect economies and will not help maintain sustainable growth. (Shutterstock)

April 3rd, 2018 - 08:49 GMT

UAE Opposed to Protectionism, Top Official Says

Pajero models from January 2013 to December 2017 are affected by the recall. (Shutterstock)

March 26th, 2018 - 08:26 GMT

More Than 53,000 Mitsubishi Pajeros Recalled in UAE Over Airbag Trouble

March 20 is the International Day of Happiness, the UAE has a special standing in the Happiness index, as the country has been ranked number one among all Arab countries. (Shutterstock/ File Photo)

March 20th, 2018 - 02:42 GMT

UAE Celebrates International Happiness Day

UAE companies will have to allocate funds and be actively involved in social responsibility initiatives by end of 2017. (File photo)

June 14th, 2017 - 09:00 GMT

Philanthropy No Longer a Choice: UAE Makes CSR Compulsory for Companies

Authorities have circulated information to businesses warning them against charging customers extra for choosing to pay with a credit card. (Shutterstock)

July 25th, 2016 - 08:00 GMT

COTD: Abu Dhabi businesses to be fined for charging customers extra to use credit cards

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December 13th, 2015 - 07:30 GMT

A yen for something different: UAE seeks more trading partners in wake of Sino-slump

Al Bawaba

October 25th, 2015 - 09:36 GMT

Israel to allow long-term work visas for foreign firms

Al Bawaba

September 22nd, 2015 - 11:30 GMT

UAE: Eid Al Adha ushers in price hike for sacrificial animals