Western Union Commits $100,000 to Flood Relief Efforts in Pakistan
To help the victims of Pakistan’s natural disaster of heavy rains and flooding affecting upwards of 14 million people, The Western Union Company (NYSE:WU),...
World’s oldest insurance rating company sets up office in DIFC
A.M. Best is pleased to announce that it has obtained the necessary approvals to establish within the Dubai International Financial Centre in Dubai, UAE....
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...
Record-Breaking VC Investment in Fintech in First Half Of 2021
KPMG’s Pulse of Fintech reveals investment hit USD 98 billion.
USD 98 billion in fintech investment (M&A, PE and VC) in H1’21, compared with USD...
“Back to Basics†is the unanimous call from Risk Managers...
Global Association of Risk Professionals hosts Dubai Chapter Meeting
Forum hosted By GARP and FRSGlobal
Back to basics is the...
Jafza introduces online service for payment of invoices
Jafza announced that it has introduced an online service for payment of customer invoices. This is a new value-added service to customers for simplifying...
Federal Ministries begin implementing the G2 E-Dirham System
Federal Ministries in the UAE have begun implementing the second generation of the E-Dirham within their entities as announced during a press conference held...
Mortgages to Foreigners Maybe Capped at 50% of Home Value, Sources
A large number of international media sources report that UAE's Central Bank have issued guidelines restricting mortgages for expatriates to 50 percent of the...
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...
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...
DED, Noor Islamic Bank sign agreement to facilitate electronic payment of...
The Dubai Department of Economic Development (DED) and Noor Islamic Bank (NIB) have signed a co-operation agreement to facilitate electronic payment of trade license...
Abu Dhabi’s Department of Finance and Statistics Centre- Abu...
the Department of Finance (DoF) recently entered into a cooperation agreement with the Statistics Centre – Abu Dhabi (SCAD). The agreement aims to strengthen ties between the two parties and will help facilitate better exchange of statistical data and business intelligence
Bahrain Financial Harbour repays US$134M Sukuk facility
Bahrain Financial Harbour Holding Company B.S.C. (c) (“BFHHCâ€), whose owners, Emar Bahrain (“Emarâ€), agreed to purchase Gulf Finance House’s (“GFHâ€) 49.88% investment in BFHHC...
Sovereign Financial Institutions taxation discussed in Abu Dhabi
Numbers of Sovereign Financial Institutions increased to as many as 40 worldwide since 1950s
Sovereign Financial Institutions potential growth expected to range between US$6 and...
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 ...
Retailers to stop charging surcharge on credit card usage from July...
His Excellency Sultan Bin Saeed Al Mansoori, Minister of Economy and Chairman of the Supreme Committee for Consumer Protection, has instructed retailers to stop...
‘Best Home Finance Company’ at Banker Middle East Industry Awards
Tamweel PJSC, the UAE Islamic home finance provider, announced today that it has been named the “Best Home Finance Company” at the Banker Middle...
Tamweel introduces promotional home finance profit rates starting from 4.99 per...
Real estate finance provider offers up to 80 per cent finance on ready residential properties in Dubai and Abu Dhabi
Tamweel PJSC, the UAE-based Islamic...