Deals of the Week: Emirates NBD breaks virtual ground



Emirates NBD (ENBD), the largest bank in the UAE in terms of assets, has become the first bank in the country to launch an Arabic domain name and website.

Designed to meet the needs of its Arabic-speaking customers, the bank says the new website offers a range of interactive facilities, such as its "Find Us" and "Click-to-Call" features.

Find Us enables customers to make appointments online with bank staff, including members of the direct sales team and customer service representatives both at and outside bank branches, while Click-to-Call connects the customer with the bank's callback service.

"As a UAE national bank, we wanted to mark the 40th anniversary of UAE National Day with our customers in a way that would directly benefit them, while celebrating our language and heritage," says Saif Al Mansoori, the deputy head of group marketing.

"The Arabic domain name will extend the reach of the new website to Arabic internet users and facilitate a wider range of customers to avail of the offers and benefits at Emirates NBD."

The "virtual branch" of ENBD allows customers to access detailed information about products and services, such as submitting online application forms and loan and insurance calculators, 24 hours a day, seven days a week, from the comfort of their home or office, as well as getting the latest market rates and reports.

Other features include locating the nearest ENBD branch or ATM by using a customised Google Maps feature, while the website also highlights branches that are hosting special offers.

"The new Emirates NBD Arabic website will make our services and online resources available to a whole new demographic of first-language Arabic speakers," Mr Al Mansoori says.

The domain name is supported by Arabic-language browsers and can be accessed through the bank's existing English-language website, www.emiratesnbd.com.

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Standard Chartered Bank is giving away an iPad 2 to customers as part of its latest credit-card promotion.

The UK- and Hong Kong-listed lender, which derives about 90 per cent of its income profits from Asia, Africa and the Middle East, says the promotion is for new customers who apply for Platinum or Titanium cards and can confirm a minimum spend of Dh60,000 on it for a year.

"The UAE is one of Standard Chartered's key markets globally and we are keen to continuously develop our business in this country," says Syed Hammad Haider, the bank's general manager of retail products and new business.

Once the card has been activated, approved customers will receive a 16GB Wi-Fi iPad 2 within four weeks.

Terms and conditions apply. On its website, the bank says it will charge a one-time fee of Dh2,000 to the credit-card holder after the first 12 months if they do not meet the minimum spend requirement, they are irregular with their payments or they cancel the card within one year of receiving it.

It also says that jewellery purchases and spending at exchange houses will not go towards the minimum spend requirement.

For more information, go to www.standardchartered.ae.

The specs

Price: From Dh529,000

Engine: 5-litre V8

Transmission: Eight-speed auto

Power: 520hp

Torque: 625Nm

Fuel economy, combined: 12.8L/100km

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At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

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COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
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The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000

The specs

Engine: 2.0-litre 4-cylturbo

Transmission: seven-speed DSG automatic

Power: 242bhp

Torque: 370Nm

Price: Dh136,814

NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5