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

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

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

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

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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