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...

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...

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)...

Emcredit’s ISO 27001 information security certification reaffirmed

Retains certification for second consecutive year Underlines international standards followed for data collection and dissemination process Emcredit the...

Middle East CFO Optimism at two year low in Q4 of...

Global CFO optimism is wavering, according to a recent study by Deloitte entitled ‘Q4 2011 Global CFO Signals Report’. Conducted on a semi-annual basis...

DIFC proposes New Mortgage Model

The proposed Model involves private residential mortgages being funded by the issuance of standardised bonds, creating a large and liquid mortgage bond market.

Federal credit bureau significant step for UAE economy, says DED

The Dubai Department of Economic Development (DED), hailed today the UAE Ministry of Finance’s (MoF) study for creating a federal credit bureau as a...

Tamweel requests share trading in 1 month

Tamweel has requested the resumption of trading in its shares in the next month and is in discussions with the UAE federal government over...

New DIFC governor appointed

UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued a decision appointing Abdullah Mohammed...

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...

Islamic insurance up to 1.85% of the car value

Methaq Takaful Insurance Company announced a rewarding offer for its customers which is to provide a comprehensive Islamic insurance for cars starting from 1.85%...

‘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,...

MENA Private Equity Association launches Online Directory

The MENA Private Equity Association has today launched a free directory aimed at entrepreneurs and businesses looking for venture capital funding. Over 50 VC...

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...

Reinsurance demand strong as primary market expands in MENA region

The reinsurance environment in the Middle East and North Africa (MENA) region is stagnant in many aspects, although it also contains many elements that...

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...

Increasing Investment Strenghtens Fintech Growth in MENA Region

Naseba is very proud to continue helping the region’s fintech transformation and bridge the ecosystem through our Enterprise Fintech Summit

Abu Dhabi Department of Finance hosts workshop on ‘New Government Accounting...

Abu Dhabi Government department accounting is being unified to ensure improved consistency, transparency and accountability DoF has taken lead...