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...
Dubai eGovernment’s ePay generates AED 1.7 billion in H1, 2011
There is an increase of 55 percent in amounts collected through Dubai eGovernment's ePay payment gateway in the first half of 2011 compared to...
Changes in MENA Tax laws promote better transparency
According to a panel discussion at the recently concluded Ernst & Young’s Middle East & North Africa Tax Seminar 2011 held in Houston, Texas,...
Tamweel requests share trading in 1 month
Tamweel has requested the resumption of trading in its shares in the next month and is in discussions with the UAE federal government over...
GoldMoney Completes “GoldMoney Standard†Testing
GoldMoney, one of the world’s largest providers of physical bullion for investors, has completed testing of all the gold bars stored for customers in...
Services of Dubai Municipality, RTA, DED and DCCI now payable via...
Dubai Islamic Bank (DIB) and Dubai eGovernment announced today they have partnered to offer customers an easy online payment experience. Using Al Islami...
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...
UAE Central Bank announced mortgage-loans limits
The Central Bank of the United Arab Emirates last week approved the decision to increase the recently proposed mortgage-loans limits. Initially, the proposed mortgage...
CFA Institute drives international financial standards; Registration increase 131 %
CFA Institute, the global association of investment professionals, announced today that over 900 candidates registered for its June 2011 examinations from across the GCC,...
Cancer Cover Insurance for Women by Takaful
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today that it now offers a pioneering cancer cover Takaful to all...
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%...
Emirates Money sponsors Indian Institute of Management alumni meeting in Dubai
Emirates Money demonstrates commitment to supporting higher education, local community
In line with its commitment to supporting the advancement of higher education and...
Dubai Islamic Insurance & Reinsurance Co. (Aman) ‘BBB’ Ratings Assigned
Dubai Islamic Insurance and Reinsurance Company (Aman) has announced that its Credit Rating within Standard & Poor’s Ratings Services has increased reflecting Aman's good...
Non-tax revenues can generate at least 10% of GDP in UAE
Given the volatility and unpredictability of oil prices, the primary economic strategy for all GCC countries is to diversify government income and reduce dependency...
CFA Emirates congratulates new charterholders at Annual Charter award ceremony
Last night the President and Board of CFA Emirates, the association for financial and investment professionals, hosted its annual charterholder ceremony at the Burj...
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...
54% Consumers Uncertain over the Difference between Islamic and Conventional...
A recent survey conducted by YouGov Siraj, to understand consumer banking preferences in the region, with a focus on Islamic banking, revealed that 54...
Moving Money to Dubai
International money transfers are a significant topic for discussion for the approximately 7.8m expatriates living in the UAE. It’s more of an issue in...