With annual credit-card interest rates generally hovering around the 30 per cent or more mark, consumers in the Emirates are in for a treat.
For the next three months, Union National Bank (UNB) is offering an annual rate of 6.54 per cent on its Platinum credit card. That's a monthly rate of just 0.54 per cent.
The rate, the lowest currently on offer in the UAE, is available to customers with a minimum income of Dh15,000 who have their salary transferred into the bank.
The free-for-life card also comes with a credit limit of up to eight times the customer's salary as well as free Marhaba and Golden Class airport services and discounts at more than 300 outlets.
"As the bank that cares, we believe in providing our customers with genuine financial solutions to meet their various needs," says Ashraf Bibars, senior vice president and head of retail banking at UNB. "It's a first for the bank and a first for the UAE. We are extremely excited about this offer and look forward to a very positive response from customers."
For more information log onto:www.unb.co.ae.
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Paying for your shopping using a smartphone may seem light years away, but the reality is closer than you think.
Emirates NBD (ENBD) has teamed up with Etisalat and Visa to launch MoneyMobile, a contactless payment solution that allows users to pay for purchases with a single wave of their near-field-communication (NFC) enabled mobile device near a Visa payWave terminal.
The use of NFC, a technology programme that connects smartphones with retailers, could eventually make cash and credit cards obsolete.
"Mobile payments are quickly becoming the way of the future as the widespread adoption of mobile technology changes how people connect with each other. Users will enjoy the ease and convenience of simply scanning their phone to pay as they breeze through the checkout in stores," says Kamran Siddiqi, general manager, Visa Middle East.
The MoneyMobile system is currently being tested by selected staff at Emirates NBD, Etisalat and Visa before the service is rolled out to all consumers.
"Offering multiple levels of security, the MoneyMobile solution clearly represents the retail experience of the future," says R Sivaram, senior vice president and head of cards business for ENDB. "As we move towards a world of contactless solutions that make shopping easier than ever before, Emirates NBD will continue to stand at the forefront of innovation."
Tap-and-go technology has been used in Japan for the last six years and has been trialled in several countries in Europe.
For more information, go to www.emiratesbank.ae.
[ pf@thenational.ae ]
The UAE squad for the Asian Indoor and Martial Arts Games
The jiu-jitsu men’s team: Faisal Al Ketbi, Zayed Al Kaabi, Yahia Al Hammadi, Taleb Al Kirbi, Obaid Al Nuaimi, Omar Al Fadhli, Zayed Al Mansoori, Saeed Al Mazroui, Ibrahim Al Hosani, Mohammed Al Qubaisi, Salem Al Suwaidi, Khalfan Belhol, Saood Al Hammadi.
Women’s team: Mouza Al Shamsi, Wadeema Al Yafei, Reem Al Hashmi, Mahra Al Hanaei, Bashayer Al Matrooshi, Hessa Thani, Salwa Al Ali.
if you go
The flights
Emirates flies to Delhi with fares starting from around Dh760 return, while Etihad fares cost about Dh783 return. From Delhi, there are connecting flights to Lucknow.
Where to stay
It is advisable to stay in Lucknow and make a day trip to Kannauj. A stay at the Lebua Lucknow hotel, a traditional Lucknowi mansion, is recommended. Prices start from Dh300 per night (excluding taxes).
World Test Championship table
1 India 71 per cent
2 New Zealand 70 per cent
3 Australia 69.2 per cent
4 England 64.1 per cent
5 Pakistan 43.3 per cent
6 West Indies 33.3 per cent
7 South Africa 30 per cent
8 Sri Lanka 16.7 per cent
9 Bangladesh 0
Kibsons Cares
Recycling
Any time you receive a Kibsons order, you can return your cardboard box to the drivers. They’ll be happy to take it off your hands and ensure it gets reused
Kind to health and planet
Solar – 25-50% of electricity saved
Water – 75% of water reused
Biofuel – Kibsons fleet to get 20% more mileage per litre with biofuel additives
Sustainable grocery shopping
No antibiotics
No added hormones
No GMO
No preservatives
MSG free
100% natural
COMPANY PROFILE
Company name: Revibe
Started: 2022
Founders: Hamza Iraqui and Abdessamad Ben Zakour
Based: UAE
Industry: Refurbished electronics
Funds raised so far: $10m
Investors: Flat6Labs, Resonance and various others
Abu Dhabi traffic facts
Drivers in Abu Dhabi spend 10 per cent longer in congested conditions than they would on a free-flowing road
The highest volume of traffic on the roads is found between 7am and 8am on a Sunday.
Travelling before 7am on a Sunday could save up to four hours per year on a 30-minute commute.
The day was the least congestion in Abu Dhabi in 2019 was Tuesday, August 13.
The highest levels of traffic were found on Sunday, November 10.
Drivers in Abu Dhabi lost 41 hours spent in traffic jams in rush hour during 2019
UNSC Elections 2022-23
Seats open:
- Two for Africa Group
- One for Asia-Pacific Group (traditionally Arab state or Tunisia)
- One for Latin America and Caribbean Group
- One for Eastern Europe Group
Countries so far running:
The specs: 2019 Subaru Forester
Price, base: Dh105,900 (Premium); Dh115,900 (Sport)
Engine: 2.5-litre four-cylinder
Transmission: Continuously variable transmission
Power: 182hp @ 5,800rpm
Torque: 239Nm @ 4,400rpm
Fuel economy, combined: 8.1L / 100km (estimated)