Tuesday, January 23, 2018

Financial Services

Middle East investment banking fees up 22%

Thomson Reuters released its investment banking analysis for the Middle East region for the first nine months of 2013.

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...

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...

Insights on first launch in Middle East international money transfer with...

The mobile money service market is growing at a phenomenal pace and a report by analysts Gartner states that transactions will total US$4.5 billion...

Mahra Ladies Banking designed exclusively for today’s woman

Mahra Ladies Banking provides significant discounts at shops, restaurants, hotels and resorts Additional benefits include concierge services, free valet parking, unlimited access to Ladies Clubs...

Emirates Islamic Bank integrates Emcredit services to efficiently manage risk

1. Bank to use Credit Scope to mitigate risk; calls for greater information sharing and increased transparency 2. Joins Emcredit’s growing member base In a...

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

Emaar seeks $800 mln loan guaranteed with shopping malls

Sources revealed Emaar Properties is seeking an $800 million two-tranche loan aiming to provide guarantees with four of its shopping malls, including The Dubai...

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.

Abu Dhabi Finance opens Al Ain service centre

Abu Dhabi Finance, has launched its first service centre in Al Ain, the Emirate's second city. The service centre was officially opened with...

Methaq Takaful to inaugurate new branches

Methaq Takaful Insurance Company will inaugurate two new branches in Al Ain and Jebel Ali Free Zone shortly. The move is compatible with the company's...

Nomura Goes Live with smartTrade Technologies Liquidity Management System

smartTrade Technologies, an industry leader in cross-asset liquidity management software (LMS) for banks, broker-dealers, asset managers, and large hedge funds today announced one of...

Capital Markets & Investment Banking Forum

Over 50 investment professionals and CFA charterholders yesterday attended the Annual Investment Banking forum hosted by CFA Emirates in Madinat Jumairah Majlis on corporate...

People in UAE can now pay Zakat and alms fees through...

In line with the Ministry’s efforts to unite all Ministries and Federal agencies through the usage of the Second Generation of e-Dirham system, 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

Digital Financing Solutions for Startups Launched in Dubai

MBRF and Beehive join hands to provide digital financing solutions for startups Partnership will enable SME to use FinTech to secure funds for growth and...

Opportunity for financial service providers: Reverse Mortgage

A popular and commonly used financial facility in the United States and Europe, with unexplored yet potential in the Middle East, is the Reverse...

Dubai International Financial Centre Authority splits to prepare for next phase...

The Board of Directors of the Dubai International Financial Centre Authority (DIFCA) today announces changes to its structure and its senior management team responsible...

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...

Federal Ministries begin implementing the G2 E-Dirham System

Federal Ministries in the UAE have begun implementing the second generation of the E-Dirham within their entities as announced during a press conference held...

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...

Varengold Adds 15 Currency Pairs

Varengold Bank FX, a brand of Varengold Wertpapierhandelsbank AG, now offers trading in the South African Rand, Hungarian Forint, Polish Zloty, Czech Koruna, Norwegian...

Financial Resolutions for The New Year

If you usually break your New Year's resolutions, Kelli Grant, Senior Consumer Reporter for SmartMoney.com, has some tips on keeping your finances in check...