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...
‘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...
Emirates NBD Launches Digital Asset Lab
Founding council members include PwC and Fireblocks.
The Lab aims to establish a robust platform with industry experts enabling co-creation and experimentation to drive innovation...
GCC Payments Industry Set to Leapfrog Other Economies in 2021
Enhanced digitalisation and tech adoption across the region sees digital transactions increasing
Payments made via Bahrain’s BenefitPay set to exceed US$4billion this year
49 per cent...
Middle East Insurance Summit Sees Growth Potential of up to 400%...
Debo Ajayi: “Summit will encourage debate and dialogue, stimulating innovation and regional products to realise huge untapped market potentialâ€
Summit runs from 11 to 15...
Dubai International Financial Centre Celebrates Ranking as 8th Best Global Financial...
· DIFC Governor presides over the iconic bell ringing ceremony, signalling the start of trading at the region’s international financial exchange
· Ceremony reinforces Dubai’s...
Visa, Airbnb Partner to Get Hosts Paid Faster with Visa Direct
Visa, the world’s leader in digital payments, and Airbnb, a leading online marketplace for lodging and experiences, today announced Airbnb Hosts in select markets...
UAE Central Bank caps mortgage lending
Mortgage lending regulation allows the country’s banks to provide a loan of up to 80 percent of the property value to UAE nationals and 75 percent to expatriates.
UAE to implement 5% VAT
The United Arab Emirates may soon set a value-added tax of 5 percent as part of a regional development plans, according to the undersecretary...
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...
NCR First in UAE to Introduce Bitcoin ATMs
NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today announced that it has teamed-up with CoinHub, a cryptocurrency exchange in the UAE,...
Paying off your debts in UAE
Everybody has financial struggles at some point in their lives. But they can soon spin out of control if you don’t learn to manage...
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,...
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...
MoF to establish Organization for Recording Capital Asset Mortgages
Ministry of Finance is studying possibility of setting up an organization to keep records of mortgages of capital assets to ensure funding for national small and medium enterprises.
Another step closer to VAT implementation in GCC
The Ministry of Finance in the United Arab Emirates (UAE) has recently launched a series of Value Added Tax (VAT) and excise awareness sessions...
Mobile Money Make International Remittances Cheaper
The GSMA today issued a report entitled, ‘Driving a Price Revolution: Mobile Money in International Remittances’ that looks at the impact of mobile money...
Abu Dhabi Plans to Set Up a Financial Free Zone
Abu Dhabi is preparing to establish a financial free zone which will be similar to the one in Dubai. The aim of this financial...