Tag: Financial Services
A New Breed of Finance Leader is Embracing Cryptocurrency
Cryptocurrencies are notoriously volatile and poorly understood in mainstream markets. Yet there is little doubt that digital money and the blockchain will have a...
UAE’s Licensed 1st Crypto Foundation to Build an Infinitely Scalable Blockchain...
The project is generating attention in MENA due to its tremendous transactional management possibilities, higher security, and inbound governmental database projects.
Venom Foundation has been...
Hedge Funds Plan to Increase Data Services’ Outsourcing
79% of hedge fund and asset managers surveyed plan to increase outsourcing of data services
A global survey of quant fund managers who collectively oversee...
UAE Among World’s Top Markets with Highest Trust
CFA Institute, the global association of investment professionals, recently published Enhancing Investors’ Trust – the 2022 CFA Institute Investor Trust Study, the fifth in...
Emirates NBD Launches IPO Subscription Website
Fully digital platform to support investor participation ahead of upcoming listings on DFM
Individual investors to benefit from seamless, paperless journey from subscription to payment
Real-time...
One in two Managers Already Testing Tokenised Assets
85% agree that financial service providers who are unprepared for mass tokenisation of assets risk being left behind
More than half (52%) of fund managers...
Six Accounting Terms Every Entrepreneur or Business Owner Must Know
New business owners have a myriad of tasks to navigate. While your main objectives may be selling to your customers and driving growth, it’s...
Al Etihad Credit Bureau Completes System Integration with Dubai Courts
Al Etihad Credit Bureau (AECB) today announces it has started including court-ordered payment obligations from Dubai Courts in its Credit Reports, upon completing system integration...
DFM Cancels Minimum Trading Commission
Dubai Financial Market (DFM) today announced that the minimum trading commission will be waived as of 1st of September 2021, as part of its...
GCC Consumers Opt for Digital Banking Services Post Covid-19
77% of respondents in the GCC access digital banking services at least once a week.
44% are willing to switch to a different bank due...
Deadline for DNFBPs’ Registration in Anti-Money Laundering Regulations Extended
The goal is not to impose violations, but to ensure compliance. The Ministry of Economy (MoE) announced the extension of the deadline granted to...
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...
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...
Number of Bitcoin ATMs Up 70% in a Year, Hit Over...
Recent years have witnessed an impressive growth of the cryptocurrency market, followed by a surge in the number of people trading with bitcoin, as...
Dubai International Financial Centre Celebrates Ranking as 8th Best Global Financial...
· DIFC Governor presides over the iconic bell ringing ceremony, signalling the start of trading at the region’s international financial exchange
· Ceremony reinforces Dubai’s...
DFSA Invites Applications for Its 2020 Regulatory Sandbox ‘Winter Cohort’
The Dubai Financial Services Authority (DFSA) invites applications from local and international firms to apply to join the Winter 2020 Cohort. Successful cohort applicants...
DFM Launches ‘myAccount’ Electronic Service for Dividends Distribution
As part of its strategy to provide market participants with smart and efficient solutions in line with the leadership’s digital transformation vision, the Dubai...
‘World’ debit card of its kind exclusively for SMEs in the...
The Mastercard offers unprecedented benefits and caters specifically to the needs of business banking customers
First Abu Dhabi Bank (FAB), the UAE’s largest bank and...