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Industry Insiders Optimistic About Financial Services in UAE for 2021

56% of respondents agreed that the outlook for remittances remains positive for the coming year Companies rate changing demographic, labour mobility, unemployment and current pandemic...

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...

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...

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...

DIFC Reinforces UAE Government’s Efforts to Support Businesses

Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, reinforces its commitment to...

DIFC Reaffirms Commitment to Advancing FinTech Ecosystem

New partnership agreement signed with Tribe Accelerator, the first Singapore government supported Blockchain accelerator to collaborate on knowledge sharing and events DIFC Authority...

Dubai FDI Launches New Services To Support Chinese Investors

‘Dubai Advantage’ mini programme on WeChat will provide updates on opportunities for investment and growth in Dubai Dubai Investment Development Agency (Dubai FDI), an agency...

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...

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...

Dubai International Financial Centre Receives FinX FinTech Hub of the Year...

The Centre recognised for role in identifying new avenues for facilitating innovation and excellence within the financial technology sector Dynamic and robust FinTech...

DFSA Invites Applications for Its 2020 Regulatory Sandbox ‘Winter Cohort’

The Dubai Financial Services Authority (DFSA) invites applications from local and international firms to apply to join the Winter 2020 Cohort. Successful cohort applicants...

FAB Global Investment Outlook forecasts global equity market rebound in 2019

UAE markets also expected to recover amid Abu Dhabi stimulus plan and a more favourable global market background, as geopolitical risks subside and interest...

Western Union and Amazon to Launch New Way to Pay

The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, today announced it is has been engaged by Amazon to launch...

FAB Launches AI Analytics Portal for Merchants in Partnership with Al-Futtaim

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has launched a new portal...

MENA CFO Awards Recognize The Best in Finance Across Public, Private...

Over 200 top finance professionals gathered at the MENA CFO Awards organised as part of the CFO Strategies Forum MENA by Naseba. On the...

Increasing Investment Strenghtens Fintech Growth in MENA Region

Naseba is very proud to continue helping the region’s fintech transformation and bridge the ecosystem through our Enterprise Fintech Summit

‘No Coffee for Bitcoin’ Starbucks Clarifies

Starbucks has clarified that it will not be accepting Bitcoin (BTC) or other cryptocurrencies as payment, despite misleading reports from mainstream media. Earlier last Friday,...

Financial Literacy for Individuals Becomes a Priority in UAE

UAE Banks Federation launches fully integrated handbook ‘Financial Literacy for Individuals’ Due to the increasing importance of financial awareness, the UAE Banks Federation (UBF), continues...