Electronic IPO Services Highlighted at ADX

ADX hosts session on new Electronic IPO (eKtetab) services with leading UAE banks Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, recently held...

‘No Coffee for Bitcoin’ Starbucks Clarifies

Starbucks has clarified that it will not be accepting Bitcoin (BTC) or other cryptocurrencies as payment, despite misleading reports from mainstream media. Earlier last Friday,...

ADX, Nasdaq Dubai Sign Index License Agreement

Abu Dhabi Securities Exchange, ADX, and Nasdaq Dubai have signed an agreement to develop and launch an Index Futures contract based on the Abu...

VAT in GCC: Are Your Accounting Systems Ready?

Compliance with the UAE VAT Law may require significant changes to a business’ technology, operations, financial management and bookkeeping practices. The law, which comes into...

DFM Mobile App Goes Live

Investors’ connection with Dubai Financial Market (DFM) trading activity and services has been made easier with DFM’s new smart services application, which provides investors...

Western Union Enables Money Transfers via Messenger

Western Union, a leader in global payments, today announced an innovative and compelling way for Facebook Messenger users in the U.S. to send money...

Digital Payments Giant Debuts on Fortune Future 50 List

Debuting on the first-ever Provider Debuts on ? Now that’s priceless. Coming in at No. 14 Mastercard has been recognized as a leader on...

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...

Management Accountants Optimistic About Future Earning and Learning

“Never better time to be a management accountant” Pay levels for management accountants are performing well against the backdrop of low global inflation. The latest annual...

DFSA Issues General Investor Statement on Cryptocurrencies

The Dubai Financial Services Authority (DFSA) wishes to draw investors’ attention to certain new and evolving online offerings. These product offerings tend to involve...

Dubai Financial Market launches ETF trading platform

Platform Falls Under New Regulatory Framework And Adheres To Global Best Practices The exchange hosts bell ringing ceremony to celebrate the launch of...

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...

Another step closer to VAT implementation in GCC

The Ministry of Finance in the United Arab Emirates (UAE) has recently launched a series of Value Added Tax (VAT) and excise awareness sessions...

Personal loans limit may be removed soon

New rules could allow loans of up to 50 times an applicants’ monthly salary The draft of a new system for approval of personal...

Start Path Global Startups Forecast a Fintech Future

Mastercard Start Path Global Startups Forecast a Fintech Future Applications currently being accepted for Start Path Global 2017 summer class Today, Mastercard announced opening...

Moving Money to Dubai

International money transfers are a significant topic for discussion for the 7.8m expatriates living in the UAE. It’s more of an issue in Dubai...

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...

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...