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Financial Services

‘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,...

GCC consumers would benefit from reforms in the financial services industry

*According to a new leadership roundtable report from Insight Discovery GCC consumers stand to benefit enormously from the adoption of global best practice by the...

Middle East Credit Reporting Association convenes to strengthen development of regional...

Inaugural board meeting to review strategy to strengthen credit reporting operations across region Members of the Middle East Credit Reporting Association ...

The next crisis: Credit Card Debt

Together with the financial crisis, the banking crisis, the mortgage crisis and the employment crisis, we are on the verge of experiencing a credit...

Hedge Funds Plan to Increase Data Services’ Outsourcing

79% of hedge fund and asset managers surveyed plan to increase outsourcing of data services A global survey of quant fund managers who collectively oversee...

Mobile expats miss out on benefits package

International companies should take a holistic approach as survey reveals that mobile expats miss out on benefits package, according to Michael Thraves, Financial Planner...

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...

UAE Credit Cards immune to Low Interest Rates

Interest rates are the lowest they have been in decades. But there is a little indication the customers of U.A.E. banks are benefiting. This...

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...

Nine out of ten UAE home buyers now end-users

Nine out of ten home buyers in the UAE are now end-users, representing a significant shift in the country’s real estate sector, according to...

DIFC Authority releases updated version of ‘Guide to Islamic Finance’

As debt-based conventional banking faces troubled times, asset-backed Islamic finance is becoming popular in world's financial capitals The Dubai International Financial Centre Authority today announced...

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...
Neeraj Gupta, CEO, Policybazaar UAE

Policybazaar, Al Etihad Credit Bureau to Run Real-Time Credit Score Eligibility...

PB Fintech FZ (‘Policybazaar UAE’), an online financial aggregator has entered into a technical/API integration with Al Etihad Credit Bureau (AECB) to implement real-time...

BFX appoints Standard Chartered Bank as its Clearing and Settlement Bank

The Bahrain Financial Exchange (BFX), the Multi-Asset exchange in the Middle East and North Africa, which will be internationally accessible to trade cash instruments,...

Start Path Global Startups Forecast a Fintech Future

Mastercard Start Path Global Startups Forecast a Fintech Future Applications currently being accepted for Start Path Global 2017 summer class Today, Mastercard announced opening...

AMAN’s AGM approves 7.5% bonus shares

Dubai Islamic Insurance and Reinsurance Company (AMAN) has successfully concluded its Annual General Meeting (AGM) yesterday (March 22, 2011) at ‘The Emirates Towers’ Hotel...

Tamweel requests share trading in 1 month

Tamweel has requested the resumption of trading in its shares in the next month and is in discussions with the UAE federal government over...

Middle East Credit Reporting Association formed

1. Non-profit voluntary organisation to create awareness and promote credit reporting in region 2. Neutral body to facilitate credit information sharing on companies and individuals...