Author : omandailynews.com

Automotive

A new breed of e-bikes

omandailynews.com
The hubless Reevo e-bike provides wheel storage and a triple barrier anti-theft system (biometric security, motion sensing, and GPS tracking). It also comes with an autonomous lighting system plus integrated signal and brake lights built into the wheels. The creators have focused mainly on convenience, safety, and stylish functionalities making......
Business

ADCB expands mortgage business

omandailynews.com
Abu Dhabi Commercial Bank PJSC (ADCB) has signed an agreement to acquire a portfolio of approximately 1,000 mortgages from Abu Dhabi Finance PJSC (ADF). The transaction provides further growth for ADCB’s retail and SME businesses in line with the Bank’s UAE-centric strategy and prudent risk management framework. ADF was established......