Liv. Launches UAE’s Most Flexible Credit Card
Liv., the digital only lifestyle bank by Emirates NBD, is expanding its millennial-friendly proposition with the launch of a unique credit card programme. The...
6 Predictions for Fintech in 2024
Financial technology, or fintech, is undergoing rapid and transformative changes. As we look ahead to 2024, several key trends are poised to shape the...
Emirates NBD to showcase consumer finance products at Arabian Centre mall
Emirates NBD, the Middle East’s largest bank by asset size, announced today that it will host a week-long campaign showcasing the bank’s...
Facebook IPO live, traded at $42.05 up over 10%
Facebook IPO started trading in New York with approximately 25 minutes delay today
Opening Facebook trade was expected at US $42, with 65 million shares...
New Hedge Fund Launches Fall
Launches lowest since 2010, highest liquidations since 2009
Top performers lead decile dispersion to highest level in four years
New hedge fund launches declined to their...
“In Dubai we are not good in publicizing what we are...
Reuters reports that Dubai's finance chief said on Thursday the global market reaction to Dubai's shock debt restructuring was now softening and that the...
Abu Dhabi Plans to Set Up a Financial Free Zone
Abu Dhabi is preparing to establish a financial free zone which will be similar to the one in Dubai. The aim of this financial...
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...
Saudi Arabia Unveils More than US$6.4 Billion in Technology, Startup Investment
Saudi Aramco Ventures launches US$1 billion Prosperity7 fund for transformative start-ups
STC to invest US$1 billion in MENA HUB to create regional center for cloud...
Gold prices strengthen on rising demand
Last Friday, gold futures closed higher, posting a gain of almost 3% on weekly basis. A fall in U.S. consumer sentiment helped lift the...
UAE Central Bank slashes rates on re-purchase of Certificate of Deposit
The UAE Central Bank announced today that it has slashed the rate on its re-purchase of Certificate of Deposit (REPO) by 50 basic points...
DGCX Monthly Volumes Rise 70% in May
The Region's Leading Derivatives Marketplace
Exchange registers monthly volume record of 1.4 million contracts, valued at $ 48.47 billion
Year to Date Volumes rise by 107...
Tamweel relaunches home finance solutions
Real estate finance provider back in business following announcement by Dubai Islamic Bank
Offers financing of ready residential properties in Dubai and Abu...
DFMGI closed the week in the red
Dubai Financial Market General Index (DFMGI) closed out the week in the red, bucking a 2-session uptrend.
The gauge inched down 0.73%, or 11.69 pts,...
GCC Consumers Opt for Digital Banking Services Post Covid-19
77% of respondents in the GCC access digital banking services at least once a week.
44% are willing to switch to a different bank due...
DIFC Employment Law Introduces Mandatory End of Service Savings Plan
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, today announces that His...
Why the Middle East Is Betting on a Solar Future
Just how cheap has solar energy gotten? To give you an indication, Middle Eastern countries from Saudi Arabia to the United Arab Emirates are...
One Million Air Miles awarded to HSBC Gold Air Miles Cardholder
A million possibilities to enjoy endless rewards await one lucky Cardholder of the recently launched exclusive Gold Air Miles Card, for being the first...