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Chedid Re wins the 2011 Reinsurance Broker of the Year award

Chedid Re has been named “2011 Reinsurance Broker of the Year” for the second year in a row by the MENA Insurance Awards (previously...

Innovation very important to 82 percent of executives in financial firms

Fifty-seven percent of global financial services executives believe regulation has enabled growth of their business, according to the results of Deloitte’s Staying Ahead of...

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...

Unusual Favorite Summer Hobby: Financial Planning

My favorite summer hobby is probably an unusual one compared to most people my age. As a 21 year old just graduating from college(and...

UAE’s Central Bank governor clarifies mortgage regulations

The circulars sent by the Central Bank setting the maximum value of mortgages for foreigners and nationals at 50% and 70% of the property...

‘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

MENA Corp and ZagTrader launch new Online Trading Platform

Premier financial services group MENA CORP has partnered with the Middle East's most sophisticated trading platform, ZagTrader, to launch MENA TRADE, a new fully...

Funding Dubai SMEs: Challenges and Opportunities

Small and medium-sized enterprises (SMEs) play an important role in the UAE’s economy and contribute substantially to income, output and employment. Acknowledging the importance of...

Small business finance in the search of innovative solutions

Alternative Financing - the small business finance alternative during economic uncertainty As a consequence of the distressed and even recovering economy, few commercial lenders are...

Will looming VAT, corporate tax hurt UAE expats?

For millions of expats working in the country, the fear of having to pay levies is very real, observes Saad Maniar… Over the years, one...

UAE looks forward to direct debiting

According to sources from within the banking industry, a new federal direct debiting system has been introduced by the UAE Central Bank. Last week,...

Wealth management firms revise approach to high net worth individuals

Wealth management firms and advisors need to provide a broader and more integrated set of capabilities to meet the complex needs of today’s high...

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...

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...

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...

Electronic IPO Services Highlighted at ADX

ADX hosts session on new Electronic IPO (eKtetab) services with leading UAE banks Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, recently held...

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...

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...