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The UAE will soon be home to GoFinance

Consumer Banking Marketplace Driven By Artificial Intelligence Launches in UAE

The soon to be launched disruptive marketplace will be an end-to-end solution catering to consumer banking, valuation and insurance needs in one ecosystem. The UAE...
Emirates Development Bank [EDB] today announced that it has signed an agreement with Beehive, the UAE’s first Peer-to-Peer lending platform.

Local Bank and Peer-to-Peer Platform to Offer Financing for SMEs

Emirates Development Bank , a key financial enabler of the UAE’s economic diversification and industrial transformation agenda, today announced that it has signed an...
The Ministry of Economy (MoE) held an extensive media briefing on the system for combating money laundering and more.

UAE – A Forerunner in Development of AML Systems; Business Sector...

Ministry organizes media briefing on anti-money laundering & ultimate beneficial owner procedures. The Ministry of Economy (MoE) held an extensive media briefing on the system...

Visa, Airbnb Partner to Get Hosts Paid Faster with Visa Direct

Visa, the world’s leader in digital payments, and Airbnb, a leading online marketplace for lodging and experiences, today announced Airbnb Hosts in select markets...
corporate debts analysis by Aberdeen Standard Investments

Resilience of Corporate Debt in Emerging Markets Expected to Continue

The percentage of Emerging Market firms defaulting on corporate debts due to the impact of the pandemic is expected to be lower than in...

Soaring Demand Drives Gold-Backed Cryptocurrency Listing

A gold-backed digital asset has been added to a financial advisory and fintech organisation’s cryptocurrency app. deVere Group added Pax Gold (PAXG) to deVere Crypto...

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...

Crypto Businesses Now Able to Set Up at DMCC in Dubai

DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has entered into a memorandum of...

Ministry of Economy: “Real Estate Agents, Gold Dealers, Auditors, B2B Service...

The Ministry of Economy (MoE) called upon business sector and the Designated Non-Financial Businesses and Professions (DNFBPs) to expedite registration in the Financial Intelligence...

Industry Insiders Optimistic About Financial Services in UAE for 2021

56% of respondents agreed that the outlook for remittances remains positive for the coming year Companies rate changing demographic, labour mobility, unemployment and current pandemic...

GCC Payments Industry Set to Leapfrog Other Economies in 2021

Enhanced digitalisation and tech adoption across the region sees digital transactions increasing Payments made via Bahrain’s BenefitPay set to exceed US$4billion this year 49 per cent...

Dubai Financial Market Officially Launches Dubai Clear, Dubai CSD

The Dubai Financial Market (DFM) (PJSC) today officially launched its new subsidiaries, Dubai Clear (L.L.C.) and Dubai CSD (L.L.C.). Dubai Clear is the region’s...

Deadline to Submit VAT Returns Extended to May 28: Federal Tax...

The Federal Tax Authority (FTA) has issued a directive, on an exceptional basis, extending to 28 May 2020 the deadline of submitting VAT returns...

DIFC Reinforces UAE Government’s Efforts to Support Businesses

Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, reinforces its commitment to...

DIFC Reaffirms Commitment to Advancing FinTech Ecosystem

New partnership agreement signed with Tribe Accelerator, the first Singapore government supported Blockchain accelerator to collaborate on knowledge sharing and events DIFC Authority...

Dubai FDI Launches New Services To Support Chinese Investors

‘Dubai Advantage’ mini programme on WeChat will provide updates on opportunities for investment and growth in Dubai Dubai Investment Development Agency (Dubai FDI), an agency...

Dubai Economy Joins 6 Banks to Launch KYC Consortium in UAE

Consortium has Dubai Economy and Emirates NBD Group as founding members along with HSBC, RAKBANK, ADCB, and Commercial Bank of Dubai as early...

Dubai International Financial Centre Celebrates Ranking as 8th Best Global Financial...

· DIFC Governor presides over the iconic bell ringing ceremony, signalling the start of trading at the region’s international financial exchange · Ceremony reinforces Dubai’s...