Western Union Enables Money Transfers via Messenger
Western Union, a leader in global payments, today announced an innovative and compelling way for Facebook Messenger users in the U.S. to send money...
Digital Finance Can Turbocharge Growth In Emerging Economies
Two billion individuals and 200 million micro, small, and mid-sized businesses in emerging economies today lack access to savings and credit. Even those with...
Another step closer to VAT implementation in GCC
The Ministry of Finance in the United Arab Emirates (UAE) has recently launched a series of Value Added Tax (VAT) and excise awareness sessions...
Dubai Financial Market launches ETF trading platform
Platform Falls Under New Regulatory Framework And Adheres To Global Best Practices
The exchange hosts bell ringing ceremony to celebrate the launch of...
Digital Financing Solutions for Startups Launched in Dubai
MBRF and Beehive join hands to provide digital financing solutions for startups
Partnership will enable SME to use FinTech to secure funds for growth and...
Mobile Money Make International Remittances Cheaper
The GSMA today issued a report entitled, ‘Driving a Price Revolution: Mobile Money in International Remittances’ that looks at the impact of mobile money...
FAB Launches ‘Payit, UAE’s First Fully-featured Digital Wallet
In support of the UAE’s goal to become a cashless economy, First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the...
VAT in GCC – It’s coming, so how do we get...
To help businesses in the Gulf Cooperation Council (GCC) countries understand the potential impacts of the implementation of VAT, Deloitte in the Middle East...
Capital Markets & Investment Banking Forum
Over 50 investment professionals and CFA charterholders yesterday attended the Annual Investment Banking forum hosted by CFA Emirates in Madinat Jumairah Majlis on corporate...
DGCX wins Exchange of the Year Award 2016
The Exchange continued its growth trend with an average open interest reaching a high of over 460,155 lots valuing an average of US$ 7.61...
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...
Late payments on the rise in UAE
During the past few months, more UAE companies are reporting late payments as liquidity tightens due to the prolonged effect of low oil prices...
Bitcoin in UAE?
The United Arab Emirates is joining the Bitcoin mania. Earlier this week, it was announced that an Australian company will launch the first exchange...
NCR First in UAE to Introduce Bitcoin ATMs
NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today announced that it has teamed-up with CoinHub, a cryptocurrency exchange in the UAE,...
Retail loans expected to lift earnings for UAE banks
Commenting on the Retail loans expected to lift earnings for UAE banks, Clint Dempsey who is is a Principal Associate in the Banking and...
73 percent of UAE residents admit they have debt with UAE...
73 percent of UAE residents surveyed by compareit4me group admitted to having some kind of debt with UAE banks, with credit cards topping the...
DFM Mobile App Goes Live
Investors’ connection with Dubai Financial Market (DFM) trading activity and services has been made easier with DFM’s new smart services application, which provides investors...
UAE Central Bank announced mortgage-loans limits
The Central Bank of the United Arab Emirates last week approved the decision to increase the recently proposed mortgage-loans limits. Initially, the proposed mortgage...