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MENA Corp and ZagTrader launch new Online Trading Platform

Premier financial services group MENA CORP has partnered with the Middle East's most sophisticated trading platform, ZagTrader, to launch MENA TRADE, a new fully...

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...

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...

Corporate Fraud and Bribery Briefings

Ernst & Young has organized Corporate Fraud & Bribery Update briefings in Abu Dhabi and Dubai, attended by senior corporate officers. The briefings aimed...

Tamweel launches Home Finance Plus

Tamweel PJSC, the UAE Islamic home finance provider, announced today the launch of "Home Finance Plus," the country's first integrated home finance programme, which...

Emirates Money loan book reaches AED 1 billion in two years

Innovative UAE-based consumer finance company witnesses sustained growth despite global downturn Demonstrating the appeal of its unique product range, Emirates Money, a consumer finance company...

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...

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...

Reinsurance demand strong as primary market expands in MENA region

The reinsurance environment in the Middle East and North Africa (MENA) region is stagnant in many aspects, although it also contains many elements that...

Emirates Money launches ‘Loan against Property’ for UAE residents

Loans of up to AED 3 million offered to UAE residents, against property owned in UAE Repayment tenors of up to 15 years with facility...

Services of Dubai Municipality, RTA, DED and DCCI now payable via...

  Dubai Islamic Bank (DIB) and Dubai eGovernment announced today they have partnered to offer customers an easy online payment experience. Using Al Islami...

MENA Private Equity Association launches Online Directory

The MENA Private Equity Association has today launched a free directory aimed at entrepreneurs and businesses looking for venture capital funding. Over 50 VC...

Ernst & Young MENA announces 20 new partners

Ernst & Young has announced the admission of 20 new partners to its service lines and industry sectors across the Middle East and North...

CFA Institute announces June 2011 worldwide CFA Exam Results

CFA Institute announced today that 43 percent of 115,027 current and aspiring investment professionals worldwide passed the June 2011 CFA exams, bringing them one...

Financial Health Check program launched during Ramadan in UAE

  Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today the launch of its Financial Health Check program as part...

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...

Global Takaful market to reach US$25 Bn in 2015

Ernst & Young was recently named Best Advisory Firm at the International Takaful Summit 2011 in London Global Takaful contributions are expected to touch...

Tamweel first half 2011 net profit rises to AED 54.9 million

Second quarter net profit reaches AED 27.7 million Positive performance follows resumption of trading in company shares, equity participation by Dubai Islamic Bank Company continues...