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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,...

Methaq Takaful to inaugurate new branches

Methaq Takaful Insurance Company will inaugurate two new branches in Al Ain and Jebel Ali Free Zone shortly. The move is compatible with the company's...

Emirates NBD to showcase consumer finance products at Arabian Centre mall

Emirates NBD, the Middle East’s largest bank by asset size, announced today that it will host a week-long campaign showcasing the bank’s...

Ministry of Finance signs MoUs with ESMA and AJFD

Ministry of Finance (MoF) has announced the signing of memorandum of understanding with Emirates Authority for Standardization and Metrology (ESMA) and with the Financial...

DIFC revises cost of doing business to stimulate further expansion and...

The Dubai International Financial Centre ("DIFC"), the financial and business gateway between the Middle East, Africa and South Asia region ("MEASA") and the world,...

DIFC Courts introduced fully paperless infrastructure

// DIFC Courts, the Dubai International Financial Centre's (DIFC) independent, common law judicial system, on Wednesday said it introduced a new, groundbreaking, fully paperless...

UAE Ministry of Finance organizes a Train-the-Trainers Course

In a step that aims at developing the skills of the Ministry of Finance’s trainers and HR personnel, the Ministry partnered with...

GFH announces the appointment of executive Chairman and new capital program

Gulf Finance House B.S.C. (GFH) today announced the appointment of Esam Janahi as Executive Chairman and the launch of a new capital program. Following...

New international financial reporting standards to facilitate growth of small business...

Leading accountancy firm holds workshop in Dubai on IFRS for SMEs; highlights opportunities for small businesses The introduction of International Financial Reporting Standards (IFRS)...

Ernst & Young MENA announces 20 new partners

Ernst & Young has announced the admission of 20 new partners to its service lines and industry sectors across the Middle East and North...

Emirates NBD Launches Mega Foreign Exchange Customer Promotion

Cash prizes of AED 1 million each for two lucky winners, and 100 daily and 100 monthly winners Every foreign exchange transaction will give customers...

Financial Resolutions for The New Year

If you usually break your New Year's resolutions, Kelli Grant, Senior Consumer Reporter for SmartMoney.com, has some tips on keeping your finances in check...

Nomura Goes Live with smartTrade Technologies Liquidity Management System

smartTrade Technologies, an industry leader in cross-asset liquidity management software (LMS) for banks, broker-dealers, asset managers, and large hedge funds today announced one of...
In UAE, the Fintech sector continues to develop

UAE’s Fintech Landscape Continues to Boost Developments, Innovative Solutions

UAE reaches EMEA top ten Fintech deals list in H1’21, says KPMG’s Pulse of Fintech H1 2021 – EMEA report. In the United Arab Emirates...

UAE Banking Sector Poised for Growth in 2022

The top 10 UAE banks reported a 5 percent year-on-year increase in total assets worth AED 2,989 billion in 2021, and an increase of...

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...

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...
Consumer appetite for digital banking services continues to grow in the countries of the Gulf Cooperation Council (GCC).

GCC Consumers Opt for Digital Banking Services Post Covid-19

77% of respondents in the GCC access digital banking services at least once a week. 44% are willing to switch to a different bank due...