Tag Dubai Economy

DEWA Bags The EFQM Global Award For The Second Time

DEWA

Dubai Electricity and Water Authority (DEWA) has received the Global Award highest from the European Foundation for Quality Management (EFQM) for the second time. DEWA continues to maintain its position in the Platinum category, which includes leading companies and institutions that promote…

Commercial Bank of Dubai Launches UAE KYC Blockchain Platform

Commercial Bank of Dubai (CBD) has announced it’s go-live on the UAE KYC Blockchain Platform, an initiative which facilitates secure digital customer onboarding, instant bank account functionality, automated data updates, and sharing of verified KYC (Know-Your-Customer) data between licensing authorities and financial…

Emirates Islamic Declares FY 2020 Results

Emirates Islamic

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced its full-year financial results for 2020 with the Bank reporting a total income of AED 2.1 billion. Emirates Islamic’s balance sheet remains healthy with strong impairment coverage, liquidity and capital ratios.…