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Wednesday, September 20, 2017

Financial Services

Workshop on Tax Agreement Principles, International Tax Systems

Ministry of Finance organised a workshop on practical applications of principles of tax agreements and international tax systems in partnership with Organisation for Economic Co-operation and Development.

DFM launches iVESTOR Shabab card

The Shari'a compliant card enables parents to track their children's expenditure, and entitles holders to receive a DFM Investor Number The new card emulates the...

Tamweel reports 2011 net profit of AED 102 million

Tamweel PJSC, the UAE Islamic home finance provider, announced today its financial results for the 12 months ending December 31, 2011, demonstrating continued profitability...

Innovation very important to 82 percent of executives in financial firms

Fifty-seven percent of global financial services executives believe regulation has enabled growth of their business, according to the results of Deloitte’s Staying Ahead of...

Chedid Re wins the 2011 Reinsurance Broker of the Year award

Chedid Re has been named “2011 Reinsurance Broker of the Year” for...

Middle East Credit Reporting Association formed

1. Non-profit voluntary organisation to create awareness and promote credit reporting in region 2. Neutral body to facilitate credit information sharing on companies and individuals...

Tasweek discusses key mortgage marketing developments at Cityscape Abu Dhabi

Tasweek Real Estate Marketing and Development, a leading property advisor and solutions provider, says that easy access to mortgage financing has helped sustain Abu...

UAE to implement 5% VAT

The United Arab Emirates may soon set a value-added tax of 5 percent as part of a regional development plans, according to the undersecretary...

Opportunity to develop local asset-management industry

The accumulated assets of a UAE pensions system would probably run into hundreds of billions of dollars, granting a significant opportunity to develop a local asset-management industry.

Barclays Capital launches enhanced FX Algorithmic Trading

Barclays Capital Launches Enhanced FX Algorithmic Trading Barclays Capital, the investment banking division of Barclays Bank PLC, today announced the launch of PowerFill+, a...

Ernst & Young named ‘Best Accountant – Auditor’ by Banker ME

Ernst & Young was named as the ‘Best Accountant – Auditor’ in the Middle East region at the Banker Middle East Industry Awards 2011

UAE Central Bank caps mortgage lending

Mortgage lending regulation allows the country’s banks to provide a loan of up to 80 percent of the property value to UAE nationals and 75 percent to expatriates.

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...

UAE Ministry of Finance organizes a Train-the-Trainers Course

In a step that aims at developing the skills of the Ministry of Finance’s trainers and HR personnel, the Ministry partnered with...

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...

Commercial Bank International launches Home Loan

Commercial Bank International (CBI) today announced the launch of its new Home Loan product as part of its overall strategy to expand its product...

How to avoid mortgage problems

Nowadays banks in Dubai and Abu Dhabi are getting more and more cautious about home mortgage loans. Even consumers with good credit and plenty...

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%...

Al Yusr Islamic banking service expands product offering with Tawarroq personal...

1. Announcement comes following recent launch of Car Murabaha product 2. Sharia-compliant offerings deliver flexibility of repayments, competitive profit rates Al Yusr Islamic banking service of...

Sam Seiden to Present at The Middle East Online Trading Summit

Online Trading Academy Dubai is participating in The Middle East Online Trading Summit held in Dubai, UAE the Jumeirah Emirates Towers Hotel, held 9-10...

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...

Ministry of Finance meets training centres for employee development

Ministry of Finance held annual meeting with a number of development and training centres, to better familiarize itself with different training partners

Morgan Stanley becomes approved applicant for Dubai Gold Securities

Dubai Gold Securities LLP today announced that it had accepted Morgan Stanley as an Approved Applicant in connection with the ongoing offering on NASDAQ...