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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

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UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Dubai Police customers can avail cash deposit facility

    • Emirates NBD-enabled service available through bank’s 300 plus CDMs

    • Service aimed at minimizing physical contact and government’s digitization efforts

    Emirates NBD, a banking group in the Middle East, North Africa and Turkey (MENAT) region, has enabled remote cash deposits for Dubai Police customers.

    The service allows the customers to deposit money without any time constraints and with immediate credit to Dubai Police via the bank’s network of more than 300 Cash Deposit Machines (CDMs), available for customers round the clock.

    The families of inmates can visit any of Emirates NBD’s branches in the UAE to deposit funds in the penal institution’s account stating the inmate’s name and number. The penal institution then delivers the money to the inmates’ accounts, allowing inmates to make purchases at the smart supermarket in the penal institution.

    The service aims to digitise the monthly manual transactions conducted by Dubai Police customers through Emirates NBD branches.

    The digital platform also helps in ensuring the safety of Emirates NBD staff, customers, and the community, by limiting the number of visits to physical branches as part of precautionary measures during the ongoing COVID-19 outbreak.

    Brigadier Ali Al Shamali, director of the General Department of Punitive and Correctional Institutions at Dubai Police, said besides Covid-19 measures, the initative also augments government’s mission to digitalize services, which further ensures the “safety and protection of our society.”