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5 days ago · According to a World Bank report, 9.82 million UAE residents made online purchases in 2023, a figure expected to reach 11.11 million by 2025. “Additionally, the rapid growth of e-commerce in the UAE has led to an influx of new online shoppers who may be less aware of the risks associated with online transactions, making them more vulnerable to scams and fraud,” Ms Glynn says.
17 hours ago · The UAE Central Bank had on April 22 issued a circular calling on banks and insurers to consider up to a 6 month loan deferments on personal and auto loans. UAE’s ‘Jaywan’ debit cards
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17 hours ago · Staff Writer, WAM (Emirates News Agency) May 14, 2024. MIDDLE EAST UAE FINANCIAL SERVICES. Abdulaziz Al Ghurair, Chairman of UAE Banks Federation, (UBF), the sole representative and unified voice of the UAE banks, said that the increase in consumer confidence in the UAE banking sector from 84 percent in 2022 to 90 percent in 2023 reflects its ...
1 day ago · Taking photos of people without their consent — as well as sharing and saving these images — is an invasion of their privacy, an offence punishable in the UAE by a fine of up to Dh500,000 and ...
4 days ago · The growing popularity of contactless payments in the United Arab Emirates (UAE) has created a new battleground for financial institutions as cybercriminals exploit the convenience of tap-and-pay transactions to steal money.
17 hours ago · The CBI has arrested former DHFL director Dheeraj Wadhawan in connection with a Rs 34,000-crore bank fraud case, officials said on Tuesday. Wadhawan was taken into custody from Mumbai on Monday ...
4 days ago · But net profit for the DFM-listed entity was down 26 per cent. “Net profit declined to Dh98.7 million mainly driven by the expansion in the branch network and the introduction of (UAE) corporate ...
