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In UAE, the Fintech sector continues to develop

UAE’s Fintech Landscape Continues to Boost Developments, Innovative Solutions

UAE reaches EMEA top ten Fintech deals list in H1’21, says KPMG’s Pulse of Fintech H1 2021 – EMEA report. In the United Arab Emirates...

GCC consumers would benefit from reforms in the financial services industry

*According to a new leadership roundtable report from Insight Discovery GCC consumers stand to benefit enormously from the adoption of global best practice by the...

Global Takaful market to reach US$25 Bn in 2015

Ernst & Young was recently named Best Advisory Firm at the International Takaful Summit 2011 in London Global Takaful contributions are expected to touch...

DFSA Issues General Investor Statement on Cryptocurrencies

The Dubai Financial Services Authority (DFSA) wishes to draw investors’ attention to certain new and evolving online offerings. These product offerings tend to involve...

Mubasher’s GCC clients enabled to buy shares before IPO launches

Mubasher offers Middle Eastern investors an exciting new gateway to access shares of fast-growing companies before they go public Mubasher Financial Services (MFS), one of...

DGCX wins Exchange of the Year Award 2016

The Exchange continued its growth trend with an average open interest reaching a high of over 460,155 lots valuing an average of US$ 7.61...

Western Union Enables Money Transfers via Messenger

Western Union, a leader in global payments, today announced an innovative and compelling way for Facebook Messenger users in the U.S. to send money...

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...

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...

Ministry of Finance meets training centres for employee development

Ministry of Finance held annual meeting with a number of development and training centres, to better familiarize itself with different training partners

GFH announces the appointment of executive Chairman and new capital program

Gulf Finance House B.S.C. (GFH) today announced the appointment of Esam Janahi as Executive Chairman and the launch of a new capital program. Following...

Tanmyah awarded ISO accreditation for quality management

Dubai Islamic Bank subsidiary receives ISO 9001:2008 accreditation Firm specialises in security, maintenance and labour services Tanmyah, a leading provider...

Federal Ministries begin implementing the G2 E-Dirham System

Federal Ministries in the UAE have begun implementing the second generation of the E-Dirham within their entities as announced during a press conference held...

UAE Expats Sent Home AED164.3 Billion in 2017

Expats remittances from the UAE amounted to AED164.3 billion during 2017, a growth of 2.2 percent from AED160.8 billion in 2016. According to a report...

Middle East Credit Reporting Association formed

1. Non-profit voluntary organisation to create awareness and promote credit reporting in region 2. Neutral body to facilitate credit information sharing on companies and individuals...

UAE signs Pact with Russia on Taxation on Income for Public...

UAE has signed an agreement with Russia relating to taxation on income of public investment organizations. The agreement highlights efforts of enhancing different types of investment opportunities.

Ministry of Economy: “Real Estate Agents, Gold Dealers, Auditors, B2B Service...

The Ministry of Economy (MoE) called upon business sector and the Designated Non-Financial Businesses and Professions (DNFBPs) to expedite registration in the Financial Intelligence...