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Bank offers up to $5 million in mortgages for properties in...

Underscoring an emerging positive sentiment in the property market, Standard Chartered is offering up to Dh18.4 million ($5 million) in mortgage to attract high...

Adopt early to changes in Payments Industry

Close examination of the “innovation clusters”, known also as incubators for new technology aiming at consumer simplicity, now signals that an innovation in the payments industry is ready for prime time.

Emirates Money sponsors Indian Institute of Management alumni meeting in Dubai

Emirates Money demonstrates commitment to supporting higher education, local community In line with its commitment to supporting the advancement of higher education and...

Tamweel offers finance to overseas buyers; launches Home Refinance Programme

Non-residents Programme offers home finance to overseas buyers Home Refinance Programme to unlock value of fully paid properties Tamweel PJSC, the UAE Islamic home finance...

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...

ACE Launches Operation in Dubai International Financial Centre

The ACE Group of insurance and reinsurance companies announced today that it has been granted a license from the Dubai Financial Services Authority to...

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.

MENA Private Equity Association launches at DIFC

The MENA Private Equity Association announced its official launch at the Dubai International Finance Centre this week.

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...

Emirates NBD opens first Private Banking Centre in Abu Dhabi

Expansion of bank’s Private Banking services in line with increasing client demand In line with increasing demand for its bespoke wealth management solutions,...

Portable pensions remain best for expats as UAE unveils pension scheme

Chris Ferguson, Managing Director, Guardian Life Management (Dubai), says portable pensions remain the best bet for expats as the UAE unveils its own pension...

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...

Spotlight on prepaid; up to 60% of payments globally will be...

VRL Financial News conference puts the spotlight on the Middle East prepaid cards market UAE’s prepaid spending expected to reach $18bn by 2015 and...

Paying off your debts in UAE

Everybody has financial struggles at some point in their lives. But they can soon spin out of control if you don’t learn to manage...

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...

Ernst & Young Reports 2011 Global Revenues of US$22.9 Billion

Good growth across all service lines Emerging markets saw combined revenue growth of 20% Headcount at an all time high of 152,000 Ernst & Young today announced...

Online shopping more popular and easier than ever before

Visa cardholders get access to thousands of U.S stores and a chance to win a FIFA World CupTM ticket package Visa, the leading payment...

Wealth management firms revise approach to high net worth individuals

Wealth management firms and advisors need to provide a broader and more integrated set of capabilities to meet the complex needs of today’s high...