Browsing: digital age

H.E. Abdulaziz Al-Ghurair, Chairman of UAE Banks Federation (UBF), the sole representative and unified voice of the UAE banks, said that the increase in consumer confidence in the UAE banking sector from 84% in 2022 to 90% in 2023 reflects its continuous development, as customer trust is an important pillar in banking and finance. He explained that the UAE ranks above the global average in the Trust Index and ranks higher than prominent international financial centres, which confirms the banking sector’s ability to meet the requirements of diverse customer segments.

Araa Advocates Group, a Dubai-based law firm, has established a specialized division to navigate the metaverse and handle legal matters related to self-driving car incidents. This division comprises experienced solicitors with a focus on technology and artificial intelligence cases.