Financial Services

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...

International General Insurance Holdings Limited announces 2009 half yearly results

International General Insurance Holdings Limited (IGIH) today reported earnings for the first half year ended 30th June, 2009. The Group announces net earnings of US$...

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...

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...

Al Yusr Islamic banking service launches its “Do Good Deeds” campaign...

Al Yusr Islamic banking service launched today the annual Do Go Deeds in the Month of Charity campaign comprising a number of community-serving endeavors...

Value of mortgages in Dubai top Dhs8bn during second quarter 2009

The value of mortgages issued in Dubai topped Dhs8bn during the second quarter 2009 compared to Dhs7bn in the previous quarter, according to DubaiFocus,...

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...

DIFC Authority releases updated version of ‘Guide to Islamic Finance’

As debt-based conventional banking faces troubled times, asset-backed Islamic finance is becoming popular in world's financial capitals The Dubai International Financial Centre Authority today announced...

Emcredit to release credit-related economic indicators

1. Research reports valuable for business decisions, monitoring trends and economic policy making 2. First report to highlight trends in UAE business activity in 2009 3....

Dubai’s Islamic Financial Institutions meet the Australian Regulator

Dubai Export Development Corporation, headed by its Chief Executive Officer, Engineer Saed Al Awadi, is currently leading the first Islamic Financial Services Mission to...

AXA Insurance Gulf launches its online services

1. Customers can now buy and renew motor policies online 2. Get a quote in less than a minute 3. 5% discount for buying a new...

The next crisis: Credit Card Debt

Together with the financial crisis, the banking crisis, the mortgage crisis and the employment crisis, we are on the verge of experiencing a credit...