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‘Cryptocurrencies and blockchain are the future’, says Dr Habib Al Mulla

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Businesses and individuals should refrain from trusting negative claims and warnings surrounding cryptocurrency, according to the chairman of Baker McKenzie Habib Al Mulla. Speaking at...

Only 32% of UAE residents would recommend their bank, survey shows

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Only a third of UAE residents would actively recommend their bank to friends and family, according to a new survey from personal finance comparison...

Emirates NBD launches futuristic banking space

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Khaleej Times takes a look at the newly launched futuristic banking space by Emirates NBD in Dubai. Video: Rahul Gajjar/Khaleej Times

UPDATE 3-Japan bank joins Dubai debt panel, debt deal may lag

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Earlier in January, Japan's Nikkei business daily said a consortium of one Turkish and four Japanese companies will suspend construction of Dubai's Metro due to a delay in payment from the Dubai government. A spokesman for general contractor Obayashi Corp (1802.T) said the construction slowdown was due to cost increases linked to design changes.

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