FAB Launches ‘Payit, UAE’s First Fully-featured Digital Wallet

In support of the UAE’s goal to become a cashless economy, First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the...

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...

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...

Cancer Cover Insurance for Women by Takaful

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today that it now offers a pioneering cancer cover Takaful to all...

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...

J.P. Morgan appoints Senior Country Officer for Middle East, based in...

J.P. Morgan announced today that it has appointed Sjoerd Leenart to be the Senior Country Officer of the Middle East and North Africa (MENA)...

World’s oldest insurance rating company sets up office in DIFC

A.M. Best is pleased to announce that it has obtained the necessary approvals to establish within the Dubai International Financial Centre in Dubai, UAE....

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...

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...

Number One Brokerage Firm in UAE

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial group, announced today that ADIB Securities, its brokerage subsidiary, was ranked number one brokerage firm...

Bahrain Financial Harbour repays US$134M Sukuk facility

Bahrain Financial Harbour Holding Company B.S.C. (c) (“BFHHC”), whose owners, Emar Bahrain (“Emar”), agreed to purchase Gulf Finance House’s (“GFH”) 49.88% investment in BFHHC...

VAT Calculator, Tax Registration Number Verification Service Now Online

The new services are part of the Authority’s efforts to protect consumers and prevent any attempts at price manipulation and profiteering. The Federal Tax Authority...

Bounced cheques need closer attention

Bounced cheques - dealing with the problem Bounced cheques have turned into an ongoing problem and are on the rise since the beginning of the...

‘Equity Manager of the Year’ goes to Emirates NBD Asset Management

Emirates NBD Asset Management Limited announced it has won award for “Equity Manager of the Year” at the Global Investor – Middle East Asset Management & Brokerage Awards

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...

Nine out of ten UAE home buyers now end-users

Nine out of ten home buyers in the UAE are now end-users, representing a significant shift in the country’s real estate sector, according to...

GFH announces the appointment of executive Chairman and new capital program

Gulf Finance House B.S.C. (GFH) today announced the appointment of Esam Janahi as Executive Chairman and the launch of a new capital program. Following...

New electronic system for tenders launched

DoF starts publishing its tenders electronically The Department of Finance  recently completed a project to operate electronic tendering systems and electronic registration of suppliers and...