Ernst & Young MENA announces 20 new partners
Ernst & Young has announced the admission of 20 new partners to its service lines and industry sectors across the Middle East and North...
New system limits personal loans to 20 times a person’s monthly...
UAE Central Bank announced today that it has adopted a new system of bank loans and other services provided to individual clients.
The announcement came...
Abu Dhabi Finance opens Al Ain service centre
Abu Dhabi Finance, has launched its first service centre in Al Ain, the Emirate's second city. The service centre was officially opened with...
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...
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...
UAE bolsters Islamic Financial products to Australia thru second leg of...
The UAE is strengthening the exports of Islamic financial products and services to Australia through the second Islamic Financial Services Trade...
New DIFC governor appointed
UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued a decision appointing Abdullah Mohammed...
Emirates Money opens first branch in Abu Dhabi
Consumer finance company offers comprehensive loan solutions
Enables customers to meet personal and business requirements
Emirates Money, a consumer finance company and wholly owned subsidiary...
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...
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...
How Banking and Financial Software Are Changing The Game
Few industries are more complex or contain more moving parts than the financial and banking industries. On top of this complexity are higher stakes,...
Small business finance in the search of innovative solutions
Alternative Financing - the small business finance alternative during economic uncertainty
As a consequence of the distressed and even recovering economy, few commercial lenders are...
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’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...
Majid Al Futtaim Sets A New Standard in Sustainable Financing with...
Continuing its regional leadership in responsible financing, Majid Al Futtaim issues new Green Sukuk.
Majid Al Futtaim has raised $500 million to refinance part of...
VAT in GCC: Are Your Accounting Systems Ready?
Compliance with the UAE VAT Law may require significant changes to a business’ technology, operations, financial management and bookkeeping practices.
The law, which comes into...
Workshop on Tax Agreement Principles, International Tax Systems
Ministry of Finance organised a workshop on practical applications of principles of tax agreements and international tax systems in partnership with Organisation for Economic Co-operation and Development.
VAT Calculator, Tax Registration Number Verification Service Now Online
The new services are part of the Authority’s efforts to protect consumers and prevent any attempts at price manipulation and profiteering.
The Federal Tax Authority...