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...
Leading American bank sells international wealth management business to Swiss private...
International Wealth Management Businesses outside the United States to be Sold to Julius Baer Group
Bank of America Corporation announced today that it has agreed...
UAE to establish Institution for Registration of Mortgage Capital Assets
Proposal for a new law regarding guaranteed mortgage transactions
Establishment of electronic guarantees record; creating awareness; providing training sessions
In line with its commitment to promote...
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,...
Middle East investment banking fees up 22%
Thomson Reuters released its investment banking analysis for the Middle East region for the first nine months of 2013.
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...
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...
Al Ramz Securities joins Fidessa’s connectivity network
Fidessa group plc (LSE: FDSA), provider of high-performance trading, market data and global connectivity solutions for the buy-side and sell-side, has today announced that...
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...
UAE based western expatriates save less compared to Singapore, Hong Kong
Almost all (97%) UAE based western expats spend some of their disposable income on luxurious lifestyle choices, compared to 51% in Singapore and 47%...
Capital Markets & Investment Banking Forum
Over 50 investment professionals and CFA charterholders yesterday attended the Annual Investment Banking forum hosted by CFA Emirates in Madinat Jumairah Majlis on corporate...
Tax reform in the GCC approaching
Tax reform in the Gulf Cooperation Council (GCC) region is a matter of when, not if, and Saudi Arabia is not immune. The Kingdom,...
Dubai Financial Market Officially Launches Dubai Clear, Dubai CSD
The Dubai Financial Market (DFM) (PJSC) today officially launched its new subsidiaries, Dubai Clear (L.L.C.) and Dubai CSD (L.L.C.). Dubai Clear is the region’s...
Financial Health Check program launched during Ramadan in UAE
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today the launch of its Financial Health Check program as part...
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.
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...