The Emirates Islamic Bank in a statement said, “Following the precautionary reminder SMS circulated by Emirates Islamic Bank to its credit card customers on January 8, 2009 informing them that the bank has blocked card usage in Russia and Italy for transaction security, and following the numerous telephone calls received inquiring about its content, Emirates Islamic Bank management wishes to clarify this SMS is only a reminder as transactions in the said countries (Russia and Italy) have been already blocked a few months ago i.e. it is not a new development but business as usual.”
The Emirates Islamic Bank did not provide further details and exact date of blockage when this scribe contacted the Emirates Islamic Bank on the issue.
The latest branch is the second branch of the company at Sahara Centre and one of the eight branches opened in the UAE this year, the exchange house said in a statement
Events to be staged at the DWTC, comprising diverse sectors including construction, energy, technology, beauty, food, healthcare, environment and automotive, will mark the emirate’s post-pandemic economic recovery
Dubai FDI supports expansion by Amazon Web Services with upcoming data centres in the UAE
Some banks are now permitting their customers to purchase Bitcoin and other crypto currencies after conducting due diligence tests on payments
The percentage of using the digital transformation platform has grown to 96 per cent compared to the first half of last year, when the percentage of use did not exceed 76 per cent