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...
Retailers to stop charging surcharge on credit card usage from July...
His Excellency Sultan Bin Saeed Al Mansoori, Minister of Economy and Chairman of the Supreme Committee for Consumer Protection, has instructed retailers to stop...
Soaring Demand Drives Gold-Backed Cryptocurrency Listing
A gold-backed digital asset has been added to a financial advisory and fintech organisation’s cryptocurrency app.
deVere Group added Pax Gold (PAXG) to deVere Crypto...
New system limits personal loans to 20 times a person’s monthly...
UAE Central Bank announced today that it has adopted a new system of bank loans and other services provided to individual clients.
The announcement came...
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 Money loan book reaches AED 1 billion in two years
Innovative UAE-based consumer finance company witnesses sustained growth despite global downturn
Demonstrating the appeal of its unique product range, Emirates Money, a consumer finance company...
Dar Al Takaful partners with Zaabi Insurance Brokers in Umm Al...
Dar Al Takaful PJSC, an Islamic Insurance & Reinsurance Company, has announced its partnership with Al Zaabi Insurance Brokers in Umm Al Quwain. The...
UAE Central Bank seeks banks’ view on mortgage regulations
Sultan bin Nasser Al Suwaidi, Governor of Central Bank of the UAE, issued Notice No. 57/2013 on 22nd January regarding Proposed Regulations re Mortgage...
Portable pensions remain best for expats as UAE unveils pension scheme
Chris Ferguson, Managing Director, Guardian Life Management (Dubai), says portable pensions remain the best bet for expats as the UAE unveils its own pension...
Emirates NBD opens first Private Banking Centre in Abu Dhabi
Expansion of bank’s Private Banking services in line with increasing client demand
In line with increasing demand for its bespoke wealth management solutions,...
Digital Payments Giant Debuts on Fortune Future 50 List
Debuting on the first-ever Provider Debuts on ? Now that’s priceless. Coming in at No. 14 Mastercard has been recognized as a leader on...
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...
Bahrain Financial Harbour repays US$134M Sukuk facility
Bahrain Financial Harbour Holding Company B.S.C. (c) (“BFHHCâ€), whose owners, Emar Bahrain (“Emarâ€), agreed to purchase Gulf Finance House’s (“GFHâ€) 49.88% investment in BFHHC...
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%...
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...
No Imminent VAT Introduction in UAE
An official statement carried by the Emirates News Agency provided an update on value-added tax discussions in the UAE. The statement confirmed that the...
Crypto Businesses Now Able to Set Up at DMCC in Dubai
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has entered into a memorandum of...