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...
Nine out of ten UAE home buyers now end-users
Nine out of ten home buyers in the UAE are now end-users, representing a significant shift in the country’s real estate sector, according to...
New electronic system for tenders launched
DoF starts publishing its tenders electronically
The Department of Finance recently completed a project to operate electronic tendering systems and electronic registration of suppliers and...
Online shopping more popular and easier than ever before
Visa cardholders get access to thousands of U.S stores and a chance to win a FIFA World CupTM ticket package
Visa, the leading payment...
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...
‘Equity Manager of the Year’ goes to Emirates NBD Asset Management
Emirates NBD Asset Management Limited announced it has won award for “Equity Manager of the Year” at the Global Investor – Middle East Asset Management & Brokerage Awards
Islamic comprehensive motor insurance launched
Starting from 2.6 % of the vehicle's value
A new tempting promotion on motor comprehensive insurance by Methaq
In the framework of the persistent initiatives of...
AXA Insurance Gulf launches its online services
1. Customers can now buy and renew motor policies online
2. Get a quote in less than a minute
3. 5% discount for buying a new...
Mobile expats miss out on benefits package
International companies should take a holistic approach as survey reveals that mobile expats miss out on benefits package, according to Michael Thraves, Financial Planner...
Interest rates on mortgages sliding
The international banking giant HSBC has become the latest lender to cut interest rates in the UAE. HSBC brought down rates on conventional and...
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...
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...
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...
Morgan Stanley becomes approved applicant for Dubai Gold Securities
Dubai Gold Securities LLP today announced that it had accepted Morgan Stanley as an Approved Applicant in connection with the ongoing offering on NASDAQ...
Takaful poised for growth, greater focus required
Takaful operators in the Gulf Cooperation Council (GCC) and Malaysia are growing at a rapid pace and are highly capitalised, new research from A.M....
DMCC launches Online Services for members through Dubai Trade Portal
Dubai Multi Commodities Centre, (DMCC) today announced the launch of online electronic services (eServices) for its members on the Dubai Trade Portal (www.dubaitrade.ae). This...
Abu Dhabi Department of Finance hosts workshop on ‘New Government Accounting...
Abu Dhabi Government department accounting is being unified to ensure improved consistency, transparency and accountability
DoF has taken lead...
How to avoid mortgage problems
Nowadays banks in Dubai and Abu Dhabi are getting more and more cautious about home mortgage loans. Even consumers with good credit and plenty...