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Bancassurance is a relationship between a bank and an insurance company [1] that is aimed at offering insurance products or insurance benefits to the bank's customers. In this partnership, bank staff and tellers become the point of sale and point of contact for the customer.
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
Gross Average Monthly Wages (USD, at current exchange rates) [4] Year Switzerland * 8,111 2022 Luxembourg * 6,633 2022 United States * 6,455 2022 Iceland * 6,778 2023 Norway * 5,665 2022 Denmark * 5,642 2022 Canada * 5,081 2022 Ireland * 4,642 2022 Netherlands * 4,581 2022 Belgium * 4,560 2022 Austria * 4,312 2022
The Emirates Interbank Offered Rate (EIBOR), also abbreviated as EBOR, [1] [2] is a daily reference rate, published by the UAE Central Bank, based on the averaged interest rates at which UAE banks offer to lend unsecured funds to other banks in the United Arab Emirates dirham wholesale money market (or interbank market).
Dubai suffered from a significant economic crisis in 2007–2010 and was bailed out by Abu Dhabi's oil wealth. Dubai's current prosperity has been attributed to Abu Dhabi's petrodollars. [40] In 2014, Dubai owed a total of $142 billion in debt. [41] The UAE government has worked towards reducing the economy's dependence on oil exports by 2030. [42]
The incident began Saturday around 4:30 p.m. local time when a police officer detected an unmanned aircraft system operating "dangerously close" to Logan International Airport, the statement said.
Canadian Prime Minister Justin Trudeau returned home Saturday after his meeting with Donald Trump without assurances the president-elect will back away from threatened tariffs on all products from ...
A significant part of the department is located in the Bank's Dubai office, since the banking industry in the UAE is largely concentrated in this city. The scope of its regulatory mandate includes local banks, foreign banks operating in the UAE as well as finance companies, exchange houses, payment service providers (PSP) and non-banking ...