Methaq Takaful Insurance Company to issue vehicle insurance policies online
Methaq Takaful Insurance Company announced that it has finalized the electronic link between its online platform and the Abu Dhabi E-Traffic services and Dubai's...
Ministry of Finance signs MoUs with ESMA and AJFD
Ministry of Finance (MoF) has announced the signing of memorandum of understanding with Emirates Authority for Standardization and Metrology (ESMA) and with the Financial...
Dar Al Takaful partners with Zaabi Insurance Brokers in Umm Al...
Dar Al Takaful PJSC, an Islamic Insurance & Reinsurance Company, has announced its partnership with Al Zaabi Insurance Brokers in Umm Al Quwain. The...
Personal loans limit may be removed soon
New rules could allow loans of up to 50 times an applicants’ monthly salary
The draft of a new system for approval of personal...
Abu Dhabi Financial Services becomes member of Nasdaq Dubai
The UAE- based broker Abu Dhabi Financial Services (ADFS), the financial brokerage arm of the National Bank of Abu Dhabi (NBAD), has joined Nasdaq...
Spotlight on prepaid; up to 60% of payments globally will be...
VRL Financial News conference puts the spotlight on the Middle East prepaid cards market
UAE’s prepaid spending expected to reach $18bn by 2015 and...
ACE Launches Operation in Dubai International Financial Centre
The ACE Group of insurance and reinsurance companies announced today that it has been granted a license from the Dubai Financial Services Authority to...
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...
DIFC revises cost of doing business to stimulate further expansion and...
The Dubai International Financial Centre ("DIFC"), the financial and business gateway between the Middle East, Africa and South Asia region ("MEASA") and the world,...
Nomura Goes Live with smartTrade Technologies Liquidity Management System
smartTrade Technologies, an industry leader in cross-asset liquidity management software (LMS) for banks, broker-dealers, asset managers, and large hedge funds today announced one of...
Jafza introduces online service for payment of invoices
Jafza announced that it has introduced an online service for payment of customer invoices. This is a new value-added service to customers for simplifying...
ACM to Participate in the Middle East Online Trading Summit
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Following numerous clients’ requests, we are pleased to inform you that ACM will be a participant of the Middle East Online Trading...
Tamweel relaunches home finance solutions
Real estate finance provider back in business following announcement by Dubai Islamic Bank
Offers financing of ready residential properties in Dubai and Abu...
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...
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...
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...
Bahrain Financial Harbour repays US$134M Sukuk facility
Bahrain Financial Harbour Holding Company B.S.C. (c) (“BFHHCâ€), whose owners, Emar Bahrain (“Emarâ€), agreed to purchase Gulf Finance House’s (“GFHâ€) 49.88% investment in BFHHC...
Western Union Commits $100,000 to Flood Relief Efforts in Pakistan
To help the victims of Pakistan’s natural disaster of heavy rains and flooding affecting upwards of 14 million people, The Western Union Company (NYSE:WU),...