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...
Non-tax revenues can generate at least 10% of GDP in UAE
Given the volatility and unpredictability of oil prices, the primary economic strategy for all GCC countries is to diversify government income and reduce dependency...
Personal loans limit may be removed soon
New rules could allow loans of up to 50 times an applicants’ monthly salary
The draft of a new system for approval of personal...
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...
FAB Launches AI Analytics Portal for Merchants in Partnership with Al-Futtaim
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has launched a new portal...
Dubai, Abu Dhabi Among Top Global Financial Centers
The growth of Asian economies is fuelling the importance of Asian financial centers such as Hong Kong, Singapore, and Tokyo. Although Dubai and Abu...
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...
5 Tips To Ensure Your Financial Investments Are Safe
The law governing financial crimes right across the UAE has been tightened up with the establishment of the Dubai Economic Security Centre. This body,...
‘No Coffee for Bitcoin’ Starbucks Clarifies
Starbucks has clarified that it will not be accepting Bitcoin (BTC) or other cryptocurrencies as payment, despite misleading reports from mainstream media.
Earlier last Friday,...
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...
Varengold Adds 15 Currency Pairs
Varengold Bank FX, a brand of Varengold Wertpapierhandelsbank AG, now offers trading in the South African Rand, Hungarian Forint, Polish Zloty, Czech Koruna, Norwegian...
VAT Calculator, Tax Registration Number Verification Service Now Online
The new services are part of the Authority’s efforts to protect consumers and prevent any attempts at price manipulation and profiteering.
The Federal Tax Authority...
UAE currency to be printed on home turf
The Central Bank of the United Arab Emirates and the Emirates Investment Authority (EIA) signed a deal to introduce a mint in the country...
‘Equity Manager of the Year’ goes to Emirates NBD Asset Management
Emirates NBD Asset Management Limited announced it has won award for “Equity Manager of the Year” at the Global Investor – Middle East Asset Management & Brokerage Awards
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...
Al Etihad Credit Bureau begins to issue credit reports to individuals...
Al Etihad Credit Bureau (AECB), the federal government company mandated to implement and operate a credit reporting system across the UAE, has begun to...
MENA CFO Awards Recognize The Best in Finance Across Public, Private...
Over 200 top finance professionals gathered at the MENA CFO Awards organised as part of the CFO Strategies Forum MENA by Naseba. On the...
What Makes The Perfect Mortgage Borrower?
A new infographic summarises the key factors you need to consider before approaching the lenders if you plan to buy a home. Although, criterias...