Financial Services

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...

UAE signs Pact with Russia on Taxation on Income for Public...

UAE has signed an agreement with Russia relating to taxation on income of public investment organizations. The agreement highlights efforts of enhancing different types of investment opportunities.

Standard & Poor’s Leaders’ Forum 2011 will be held in Abu...

Under the patronage of the UAE Ministry of Economy, Standard & Poor's Leaders’ Forum will be held on 15th November 2011 in Abu Dhabi....

Dubai eGovernment’s ePay generates AED 1.7 billion in H1, 2011

There is an increase of 55 percent in amounts collected through Dubai eGovernment's ePay payment gateway in the first half of 2011 compared to...

‘Best Fund Management Company’ at Arab Achievement Awards 2011

Emirates NBD Asset Management Limited, a wholly owned subsidiary and the asset management arm of Emirates NBD, a leading bank in the Middle East,...

DAMAC Properties supports GCC Mortgage Summit 2010 as Development Partner

DAMAC Properties the luxury lifestyle developer - has announced its support as the Development Partner at the upcoming GCC Mortgage Summit 2010 in Bahrain. The...

Tamweel first half 2011 net profit rises to AED 54.9 million

Second quarter net profit reaches AED 27.7 million Positive performance follows resumption of trading in company shares, equity participation by Dubai Islamic Bank Company continues...

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...

Women are an Underserved Market for Mobile Financial Services

A study released today by the GSMA mWomen Programme and Visa Inc. entitled, Unlocking the Potential: Women and Mobile Financial Services in Emerging Markets,...

Emirates NBD to showcase consumer finance products at Arabian Centre mall

Emirates NBD, the Middle East’s largest bank by asset size, announced today that it will host a week-long campaign showcasing the bank’s...

UAE based Indians have critical gaps in their financial, retirement planning

75% expect their children to look after them during retirement Only 10% invest in any retirement plans NRIs focus on relatively illiquid investments like gold and...

UAE based western expatriates save less compared to Singapore, Hong Kong

Almost all (97%) UAE based western expats spend some of their disposable income on luxurious lifestyle choices, compared to 51% in Singapore and 47%...

Ministry of Finance celebrates the 40th anniversary of UAE

Ministry of Finance held its second event in celebration of the UAE’s 40th anniversary at its headquarters in Dubai, following its first celebration in Abu Dhabi on Monday.

Unusual Favorite Summer Hobby: Financial Planning

My favorite summer hobby is probably an unusual one compared to most people my age. As a 21 year old just graduating from college(and...

Cash-strapped residents get free debt advise in Dubai

ISDM, the Dubai-based credit counseling and debt management company is set to hold its first free, public open house counseling event where participants can...

Ernst & Young appoints new MENA Markets Leader

Ernst & Young today announced the appointment of Bassam Hage as its Markets Leader for the Middle East and North Africa (MENA). In this...

Sovereign Financial Institutions taxation discussed in Abu Dhabi

Numbers of Sovereign Financial Institutions increased to as many as 40 worldwide since 1950s Sovereign Financial Institutions potential growth expected to range between US$6 and...

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...

Gulf Finance named “Marine Financier of the Year” at Arabian...

Company reaffirms commitment to driving growth and expansion of leisure boating industry in the region Gulf Finance, a leading UAE based boutique finance company, was...

Islamic Finance News Awards Best Service Providers Polls 2010

The Islamic Finance news (IFN) Awards Polls are the most transparent, definitive and competitive awards in the Islamic finance industry. Launched in...

Methaq Takaful Insurance extends discount offers

Methaq Takaful Insurance Company extends its discount offers launched in Ramadan to Eid Al Adha and opened the BlackBerry service to communicate with the...

DMCC launches Online Services for members through Dubai Trade Portal

Dubai Multi Commodities Centre, (DMCC) today announced the launch of online electronic services (eServices) for its members on the Dubai Trade Portal (www.dubaitrade.ae). This...

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...