Friday, June 22, 2018

Financial Services

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...

Gold hedging strategies for emerging markets

The World Gold Council posted a new report on gold as investor’s tool. Investors in emerging markets can use gold to reduce exchange-rate...

UAE Central Bank seeks banks’ view on mortgage regulations

Sultan bin Nasser Al Suwaidi, Governor of Central Bank of the UAE, issued Notice No. 57/2013 on 22nd January regarding Proposed Regulations re Mortgage...

UAE’s Central Bank governor clarifies mortgage regulations

The circulars sent by the Central Bank setting the maximum value of mortgages for foreigners and nationals at 50% and 70% of the property...

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...

Mortgages to Foreigners Maybe Capped at 50% of Home Value, Sources

A large number of international media sources report that UAE's Central Bank have issued guidelines restricting mortgages for expatriates to 50 percent of the...

Mubasher’s GCC clients enabled to buy shares before IPO launches

Mubasher offers Middle Eastern investors an exciting new gateway to access shares of fast-growing companies before they go public Mubasher Financial Services (MFS), one of...

GCC consumers would benefit from reforms in the financial services industry

*According to a new leadership roundtable report from Insight Discovery GCC consumers stand to benefit enormously from the adoption of global best practice by the...

UAE looks forward to direct debiting

According to sources from within the banking industry, a new federal direct debiting system has been introduced by the UAE Central Bank. Last week,...

Nine out of ten UAE home buyers now end-users

Nine out of ten home buyers in the UAE are now end-users, representing a significant shift in the country’s real estate sector, according to...

UAE Credit Cards immune to Low Interest Rates

Interest rates are the lowest they have been in decades. But there is a little indication the customers of U.A.E. banks are benefiting. This...

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...

Rosy perspectives for mortgage providers in Dubai

Mortgage providers in Dubai introduce higher quality products Many expatriates in Dubai are now planning to purchase a home. Most of them have been living...

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...

Newcomers to UAE can now benefit from consumer finance products

Complete consumer financing solution includes Personal and Vehicle finance, Credit cards, accounts and online banking Focus on customers with less than six month stay in...

Small business finance in the search of innovative solutions

Alternative Financing - the small business finance alternative during economic uncertainty As a consequence of the distressed and even recovering economy, few commercial lenders are...

Leading American bank sells international wealth management business to Swiss private...

International Wealth Management Businesses outside the United States to be Sold to Julius Baer Group Bank of America Corporation announced today that it has agreed...

Emirates Green Building Council’s to develop green financing scheme

Joins hands with Dubai Carbon Centre for Excellence to address challenges of funding green retrofit projects Emirates Green Building Council (EmiratesGBC), an independent forum aimed...

Mobile expats miss out on benefits package

International companies should take a holistic approach as survey reveals that mobile expats miss out on benefits package, according to Michael Thraves, Financial Planner...

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...

Verify your mortgage calculator

Before you start browsing the classifieds and cruising open houses, you need to know how much of a living space  you can afford and...

‘Best Home Finance Company’ at Banker Middle East Industry Awards

Tamweel PJSC, the UAE Islamic home finance provider, announced today that it has been named the “Best Home Finance Company” at the Banker Middle...

Best Corporate Card for businesses

Emirates NBD wins award for ‘Best Corporate Card’ at Smart Card Awards Middle East Awarded for distinctive expense management features, and control and savings capability First...

Islamic comprehensive motor insurance launched

Starting from 2.6 % of the vehicle's value A new tempting promotion on motor comprehensive insurance by Methaq In the framework of the persistent initiatives of...