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Emirati wins Dh1 million in Al Ansari Exchange draw

Dubai: Emirati Hazza Slayem Alderei is now richer by Dh1 million after winning the grand prize in Al Ansari Exchange’s summer promotion draw, which was held on Tuesday. Alderei, who qualified to join the draw after making a remittance of Dh300 from the Al Ansari Exchange branch located on Khalifa Street in Abu Dhabi, is the eighth millionaire of the company’s annual promotions. In January this year, Nina Elmina Sanchez from the Philippines had won Dh1 million in the Winter 2020 draw. Prior to that, in 2019, Bangladeshi expatriate Abdullah Al Arafat Mohammed Mohsin had won the Dh1 million jackpot, while compatriots Al Dizon Banzil and Gina Realuyo Soriano registered back-to-back wins for Filipinos in 2017 and 2018, respectively.

UAE jobs: Hiring for banks in Abu Dhabi tomorrow

UAE banks expect revival in credit demand from Q1 2021

Dubai: UAE banks expect to see an increase in credit demand in the first quarter of 2021 according to the fourth quarter 2020 credit sentiment survey of the Central Bank of UAE. The Credit Sentiment Survey is a quarterly publication of the CBUAE, which collects information from senior credit officers from all banks and financial institutions extending credit within the UAE. The survey respondents are expecting an increase in overall credit appetite for both business and personal loans in the current quarter. Credit standards for business loans are predicted to tighten, while credit standards for personal loans are expected to ease marginally.

Partial diversion on Al Bidda and Khalifa Streets on Corniche

Partial diversion on Al Bidda and Khalifa Streets on Corniche  01 Jan 2021 - 11:12 The Peninsula The Public Works Authority (Ashghal) has announced that traffic will be diverted on parts of Al Bidda Street (Majlis Al Taawon) and Khalifa Street on the Corniche, for 90 days starting today, as part of the Doha Central Development and Beautification Project – Package 4. To carry out the diversion, Ashghal will reduce the number of lanes on Al Bidda Street (Majlis Al Taawon) from Oryx intersection to Lekhwair intersection from four to three lanes, and the part of Khalifa Street between Corniche Street and Oryx intersection will be closed.

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