SINGAPORE: Dubai Chamber of Commerce and Industry has announced that it has signed a memorandum of understanding (MoU) with the International Chamber of Commerce (ICC) and Perlin, making it the first chamber of commerce in the world to offer innovative blockchain solutions developed by ICC and Perlin’s Centre of Future Trade (CoFT) to its members and regional partners. Under the …

KARACHI: Central Depository Company has significantly reduced its service tariff for the Mutual Fund Industry up to 57% applicable to different categories of funds. Apart from the said reduction, CDC has also rationalized the trustee fee for small sized mutual funds / schemes by permanently eliminating the minimum fee component and implementing flat rate instead of slab system. This reduction will …

DUBAI: Visa (NYSE:V), the world leader in digital payments, has revealed the results of an independent merchant study examining perceptions of small UAE retailers on the use and impact of digital payments (card and mobile) on their business. The survey targeted two groups of retailers – those who accept digital payments and those who only accept cash payments. Perception and …

DUBAI: The City Readiness Committee to host Expo 2020 Dubai, chaired by His Excellency Mohammed Ibrahim Al Shaibani, Director General of His Highness The Ruler’s Court of Dubai, has held its third meeting at Expo 2020 Dubai headquarters to discuss preparations for the largest ever event held in the region. The meeting was attended by committee members Her Excellency Reem …

Canon has released nail sticker designs for all twenty teams competing in Rugby World Cup 2019 through its free Nail Sticker Creator for Canon application. Canon designers have created these designs by drawing inspiration from the color schemes of each national team’s kit with plans to release additional designs based on different concepts in July and August for a total …

IRAQ: Careem has just begun testing a pilot scheme in Iraq to enable people to book Careem rides via WhatsApp. Ride-hailing is a relatively new concept in many parts of the world, and especially so in Iraq, but WhatsApp penetration throughout the country is as high as 80 percent. By allowing people to book via WhatsApp it simplifies the process, …

DUBAI: Dubai medical tourism is strengthening its presence by expanding its range of services to offer the best possible provisions in healthcare. One such facility includes providing patients with medical treatment at the comfort of their homes or in some cases even in their hotel rooms. Zulekha Hospital and The Health Bank (THB) have successfully entered into an agreement that …

By Abdul Hameed Kath/Rafiq Vayani KARACHI: Another historical day in the history of the Okhai Memon Youth Services; another big milestone achieved by the current body of the OMYS. An advance IT Institute, in the name of Hajiyani Sakeena IT Institute sponsored by our Dear Jawed and Anwar Dawood Toberiya (OK Builders) family, was inaugurated today the June 30, 2019, …

ISLAMABAD: Samir Mir Shaikh, leader Pakistan People’s Party, led a delegation of Young Business-Leaders for a meeting with Bilawal Bhutto Zardari, Chairman Pakistan People’s Party. The delegation had an insightful discussion with Chairman Bilawal Bhutto regarding the current political scenario.  Economic policies regarding business owners, wholesalers and retailers regulations were discussed along with the current economy, sustainability and ease of doing business. …

News Desk DUBAI: Emirates NBD, a leading bank in the region today announced a joint initiative with Dubai Police – the launch of a UAE-wide #secureyouraccount campaign, aimed at raising public awareness and education on cybersecurity.  The public service campaign is part of Emirates NBD’s ongoing initiatives to remind customers that the bank would never ask for personal details such …