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...
ADX approves new regulations for trading, clearance and depositing
The board of directors of Abu Dhabi Securities Exchange (ADX) has approved the enforcement of new regulations for its operations including trading, clearance, registering...
Innovation very important to 82 percent of executives in financial firms
Fifty-seven percent of global financial services executives believe regulation has enabled growth of their business, according to the results of Deloitte’s Staying Ahead of...
Financing still a top challenge for UAE SMEs in 2015
Top sources of funds for SMEs include family and friends, private funding, as well as savings and credit cards
A new MEED survey of SMEs...
DFM inaugurates Annual Stock Game for Students
Dubai Financial Market, DFM, today inaugurated its Annual Stock Game with the participation of 5,723 students from schools and universities in the UAE and...
Dubai, Abu Dhabi Among Top Global Financial Centers
The growth of Asian economies is fuelling the importance of Asian financial centers such as Hong Kong, Singapore, and Tokyo. Although Dubai and Abu...
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 Etihad Credit Bureau begins to issue credit reports to individuals...
Al Etihad Credit Bureau (AECB), the federal government company mandated to implement and operate a credit reporting system across the UAE, has begun to...
DAFZA is Ranked First Globally by the Financial Times’ fDi Magazine
Dubai Airport Freezone (DAFZA) has been ranked 1st globally by the Financial Times’ fDi Magazine, Global Free Zones of the Future Rankings and Awards...
Al Etihad Credit Bureau begins the issuance of consumer credit reports
Al Etihad Credit Bureau has commenced the issuance of consumer credit reports to banks and financial institutions that have submitted historical credit data to...
Bitcoin in UAE?
The United Arab Emirates is joining the Bitcoin mania. Earlier this week, it was announced that an Australian company will launch the first exchange...
Retail loans expected to lift earnings for UAE banks
Commenting on the Retail loans expected to lift earnings for UAE banks, Clint Dempsey who is is a Principal Associate in the Banking and...
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...
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.
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.
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%...
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 currency to be printed on home turf
The Central Bank of the United Arab Emirates and the Emirates Investment Authority (EIA) signed a deal to introduce a mint in the country...