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Outlook for Insurance Sector Growth in the Region Strong, Says DIFC...

Deep structural changes and changing attitudes toward risk are driving long-term growth in the insurance sector within the Middle East and North Africa region,...

Dubai’s financial system electronically linked to Federal Government

On the sidelines of the first Government Financial Coordination Council meeting for 2016 In a bid to meet the requirement of the International Monetary Fund...

No Imminent VAT Introduction in UAE

An official statement carried by the Emirates News Agency provided an update on value-added tax discussions in the UAE. The statement confirmed that the...

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...

ADX approves new regulations for trading, clearance and depositing

The board of directors of Abu Dhabi Securities Exchange (ADX) has approved the enforcement of new regulations for its operations including trading, clearance, registering...

Methaq Takaful Insurance Company to issue vehicle insurance policies online

Methaq Takaful Insurance Company announced that it has finalized the electronic link between its online platform and the Abu Dhabi E-Traffic services and Dubai's...

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...

ACM to Participate in the Middle East Online Trading Summit

// Following numerous clients’ requests, we are pleased to inform you that ACM will be a participant of the Middle East Online Trading...

‘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...

IMA Grows Middle East Membership by 30% as CMA Curriculum Gains...

Newest regional IMA chapter launched in Jordan; total membership in MENA 10,700 strong The Institute of Management Accountants (IMA®), the world’s leading...

Morgan Stanley becomes approved applicant for Dubai Gold Securities

Dubai Gold Securities LLP today announced that it had accepted Morgan Stanley as an Approved Applicant in connection with the ongoing offering on NASDAQ...

DFM Cancels Minimum Trading Commission

Dubai Financial Market (DFM) today announced that the minimum trading commission will be waived as of 1st of September 2021, as part of its...

flydubai ties up with Al Fardan Exchange

flydubai, Dubai’s first low cost airline, has signed an agreement with Al Fardan Exchange to allow customers to pay for their flights at any...

BofA Merrill Lynch Launches Accelerated Payments to Asia

New Service Uses Smart Routing Technology; Improves Cash Concentration and Visibility by Reducing Delays Common to U.S. Dollar Payments in the Region; Removes Need...

Spotlight on prepaid; up to 60% of payments globally will be...

VRL Financial News conference puts the spotlight on the Middle East prepaid cards market UAE’s prepaid spending expected to reach $18bn by 2015 and...

Emirates Money opens first branch in Abu Dhabi

Consumer finance company offers comprehensive loan solutions Enables customers to meet personal and business requirements Emirates Money, a consumer finance company and wholly owned subsidiary...
Record-Breaking VC Investment in Fintech in First Half Of 2021

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...

Abu Dhabi Financial Services becomes member of Nasdaq Dubai

The UAE- based broker Abu Dhabi Financial Services (ADFS), the financial brokerage arm of the National Bank of Abu Dhabi (NBAD), has joined Nasdaq...