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If you are looking to buy property in Dubai, you may be wondering if you can qualify for a mortgage. The good news is that there are a number of banks in Dubai that offer mortgage to both UAE nationals and expats. However, there are some eligibility criteria that you must meet to qualify for a mortgage. The eligibility criteria for a mortgage in Dubai vary from bank to bank, but generally speaking, you will need to meet the following requirements: A UAE national or resident At least 21 years old Have a monthly income of at least AED 15,000 for salaried employees or AED 25,000 if you are self-employed. However, the minimum salary requirements may vary from bank to bank. Some banks may have additional requirements to qualify for a mortgage, such as being employed by a bank-approved company or minimum period served at the current job. Can non-residents get a mortgage? Non-residents can also apply for mortgages in Dubai, but their options are more limited. There are only a few banks that o...

DataNimbus, a leading provider of innovative products and solutions in payments, data, and AI for financial institutions and enterprises, is thrilled to announce strategic transformation to  its leadership team. This transformation is a testimony to the Company’s confidence in its business model and reflects its commitment to staying ahead of the curve. Vasudeva Anumukonda (Vasu) appointed as its new Chief Executive Officer (CEO). Sunil Mehra joins as Chief Revenue Officer (CRO) and Ashish Kapoor moves in as Chief Development Officer (CDO) Sandil Srinivasan, who has successfully steered the company for the past five years as CEO, will transition to the role of Chief Technology Officer (CTO) Vasu is a business leader with an excellent track record in leadership roles at Persistent Systems, CAPIOT Software, TIBCO Software. In his most recent role, Vasu spearheaded the growth of the integration business at Persistent Systems. He became part of Persistent Systems through the acquisitio...

In a significant leap towards modernizing financial services, DataNimbus is thrilled to announce the launch of our cutting-edge Remittance Hub at YES BANK. This innovative solution is designed to streamline and optimize the remittance process, providing YES BANK’s customers with a seamless, efficient, and secure experience. The   Remittance Hub  offers a comprehensive, integrated platform that will streamline and help  YES BANK to enhance their operational efficiency. By providing a single, unified platform for  wholesale banking customers, bank’s operations team, and customer servicing teams, the  Remittance Hub simplifies outward remittances, scrutiny checks, reporting, and due diligence  processes. This integration ensures seamless and efficient operations, reducing the time and  effort required for these critical tasks. Customers of YES BANK will also benefit from a unified  experience through the Remittance Hub, supported by robust APIs, an i...

When  selling property in Dubai , where high stakes and high rewards are part of the game, managing risks is as crucial as sealing the deal. For sellers, the journey of putting a property on the market comes with its own challenges, where each decision can significantly impact the outcome. Navigating these waters requires a strategic approach to risk management, ensuring that one’s investment is protected throughout the selling process. The challenges are manifold – fluctuating market conditions, legal complexities, and finding the right buyers, to name a few. In such an environment, being prepared and informed is a necessity. This article sheds light on key strategies to manage risks effectively when selling your house in Dubai.   1. Understanding Market Dynamics Grasping the nuances of Dubai’s real estate market is essential. This means being aware of current pricing trends, buyer preferences, and competitive listings. Misjudging the market can lead to overpricing or underpr...

  About the organization A leading player in the general insurance industry, this organization serves both individual and corporate clients with a diverse portfolio of insurance products. Committed to innovation and customer-centric solutions, they continuously upgrade their technology stack to enhance operational efficiency and service quality. Business Challenges The organization sought to improve the efficiency of its ETL (Extract, Transform, Load) pipelines, particularly in processing complex JSON documents and optimizing Databricks compute costs. Key areas of concern for the organization were:  High Compute Costs   and Slow ETL runtimes  –Extensive compute resource consumption led to prolonged runtimes and inflated operational costs in Databricks. Complex Data Parsing  – Extracting insights from intricate JSON data structures posed a significant challenge for reporting and analysis. Hardcoded ETLs & Schema Management Issues  – Hardcoded ETLs and st...

DataNimbus, a leader in DATA+AI and Payment Modernization, is excited to announce its strategic partnership with Tekgeminus, a cutting-edge technology solutions provider known for simplifying complex technology for clients in the Utilities, CIS, and Telecom industries. This partnership aims to empower customers with advanced, scalable data solutions, integrating deep expertise in AI and automation to accelerate business growth and innovation. Tekgeminus’ recognition as an industry leader, especially in Oracle-based technologies, positions them as a key partner in implementing modern utility solutions. Their close partnership with Oracle, coupled with a certified talent pool, ensures seamless deployment and integration, facilitating enhanced customer experiences and profitable operations.  This partnership underscores both companies’ shared vision of enabling global clients to harness the power of latest technologies and realize tangible business outcomes. With Tekgeminus’ comprehen...