UAE Central Bank launches customer satisfaction survey

ABU DHABI: The Central Bank of the UAE, CBUAE, has launched a survey to gauge the level of customer satisfaction rates with banks, finance companies and exchange houses operating in the UAE. The survey is part of CBUAE’s ongoing commitment to monitoring the activities of financial institutions, improving customer experiences and understanding consumer sentiment. The […]

US seeks to blacklist Chinese artificial intelligence firms

San Francisco: The United States is blacklisting a group of Chinese tech companies that develop facial recognition and other artificial intelligence technology that the US says is being used to repress China’s Muslim minority groups. A move Monday by the US Commerce Department puts the companies on a so-called Entity List for acting contrary to […]

Dubai’s economic growth gathers steam in September

Dubai: Dubai Purchasing Managers’ Index (PMI), an indicator of the performance of non-oil private sector economy rose for the first time in four months during September, posting at 52.6 compared with a reading of 51.7 in August. The Dubai PMI complied by IHS Markit is derived from individual diffusion indices which measure changes in output, […]

Slower growth stalks 90% of world

Washington (Bloomberg): Kristalina Georgieva, in her first major address as head of the International Monetary Fund, painted a downbeat picture of the world economy and said a more severe slowdown could require governments to coordinate fiscal-stimulus measures. In a speech that sets the tone for next week’s annual meeting of the IMF, Georgieva said the […]