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Tuesday, October 17, 2017

Financial Services

Digital Financing Solutions for Startups Launched in Dubai

MBRF and Beehive join hands to provide digital financing solutions for startups Partnership will enable SME to use FinTech to secure funds for growth and...

Capital Markets & Investment Banking Forum

Over 50 investment professionals and CFA charterholders yesterday attended the Annual Investment Banking forum hosted by CFA Emirates in Madinat Jumairah Majlis on corporate...

Mobile Money Make International Remittances Cheaper

The GSMA today issued a report entitled, ‘Driving a Price Revolution: Mobile Money in International Remittances’ that looks at the impact of mobile money...

Gold hedging strategies for emerging markets

The World Gold Council posted a new report on gold as investor’s tool. Investors in emerging markets can use gold to reduce exchange-rate...

VAT in GCC – It’s coming, so how do we get...

To help businesses in the Gulf Cooperation Council (GCC) countries understand the potential impacts of the implementation of VAT, Deloitte in the Middle East...

DGCX wins Exchange of the Year Award 2016

The Exchange continued its growth trend with an average open interest reaching a high of over 460,155 lots valuing an average of US$ 7.61...

Late payments on the rise in UAE

During the past few months, more UAE companies are reporting late payments as liquidity tightens due to the prolonged effect of low oil prices...

Bitcoin in UAE?

The United Arab Emirates is joining the Bitcoin mania. Earlier this week, it was announced that an Australian company will launch the first exchange...

Retail loans expected to lift earnings for UAE banks

Commenting on the Retail loans expected to lift earnings for UAE banks, Clint Dempsey who is is a Principal Associate in the Banking and...

Paying off your debts in UAE

Everybody has financial struggles at some point in their lives. But they can soon spin out of control if you don’t learn to manage...

73 percent of UAE residents admit they have debt with UAE...

73 percent of UAE residents surveyed by compareit4me group admitted to having some kind of debt with UAE banks, with credit cards topping the...

UAE Central Bank announced mortgage-loans limits

The Central Bank of the United Arab Emirates last week approved the decision to increase the recently proposed mortgage-loans limits. Initially, the proposed mortgage...

Dubai, Abu Dhabi Among Top Global Financial Centers

The growth of Asian economies is fuelling the importance of Asian financial centers such as Hong Kong, Singapore, and Tokyo. Although Dubai and Abu...

DAFZA is Ranked First Globally by the Financial Times’ fDi Magazine

Dubai Airport Freezone (DAFZA) has been ranked 1st globally by the Financial Times’ fDi Magazine, Global Free Zones of the Future Rankings and Awards...

Al Etihad Credit Bureau begins the issuance of consumer credit reports

Al Etihad Credit Bureau has commenced the issuance of consumer credit reports to banks and financial institutions that have submitted historical credit data to...

Will looming VAT, corporate tax hurt UAE expats?

For millions of expats working in the country, the fear of having to pay levies is very real, observes Saad Maniar… Over the years, one...

Financing still a top challenge for UAE SMEs in 2015

Top sources of funds for SMEs include family and friends, private funding, as well as savings and credit cards A new MEED survey of SMEs...

DFM inaugurates Annual Stock Game for Students

Dubai Financial Market, DFM, today inaugurated its Annual Stock Game with the participation of 5,723 students from schools and universities in the UAE and...

No Imminent VAT Introduction in UAE

An official statement carried by the Emirates News Agency provided an update on value-added tax discussions in the UAE. The statement confirmed that the...

What Makes The Perfect Mortgage Borrower?

A new infographic summarises the key factors you need to consider before approaching the lenders if you plan to buy a home. Although, criterias...

Funding Dubai SMEs: Challenges and Opportunities

Small and medium-sized enterprises (SMEs) play an important role in the UAE’s economy and contribute substantially to income, output and employment. Acknowledging the importance of...

Tax reform in the GCC approaching

Tax reform in the Gulf Cooperation Council (GCC) region is a matter of when, not if, and Saudi Arabia is not immune. The Kingdom,...

Al Etihad Credit Bureau begins to issue credit reports to individuals...

Al Etihad Credit Bureau (AECB), the federal government company mandated to implement and operate a credit reporting system across the UAE, has begun to...

People in UAE can now pay Zakat and alms fees through...

In line with the Ministry’s efforts to unite all Ministries and Federal agencies through the usage of the Second Generation of e-Dirham system, the...