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Tax reform in the GCC approaching

Tax reform in the Gulf Cooperation Council (GCC) region is a matter of when, not if, and Saudi Arabia is not immune. The Kingdom,...

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 loan book reaches AED 1 billion in two years

Innovative UAE-based consumer finance company witnesses sustained growth despite global downturn Demonstrating the appeal of its unique product range, Emirates Money, a consumer finance company...

Online shopping more popular and easier than ever before

Visa cardholders get access to thousands of U.S stores and a chance to win a FIFA World CupTM ticket package Visa, the leading payment...
Consumer appetite for digital banking services continues to grow in the countries of the Gulf Cooperation Council (GCC).

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...
Neeraj Gupta, CEO, Policybazaar UAE

Policybazaar, Al Etihad Credit Bureau to Run Real-Time Credit Score Eligibility...

PB Fintech FZ (‘Policybazaar UAE’), an online financial aggregator has entered into a technical/API integration with Al Etihad Credit Bureau (AECB) to implement real-time...

Dubai Financial Market Officially Launches Dubai Clear, Dubai CSD

The Dubai Financial Market (DFM) (PJSC) today officially launched its new subsidiaries, Dubai Clear (L.L.C.) and Dubai CSD (L.L.C.). Dubai Clear is the region’s...

Wealth management firms revise approach to high net worth individuals

Wealth management firms and advisors need to provide a broader and more integrated set of capabilities to meet the complex needs of today’s high...

Bitcoin in UAE?

The United Arab Emirates is joining the Bitcoin mania. Earlier this week, it was announced that an Australian company will launch the first exchange...

Emcredit’s ISO 27001 information security certification reaffirmed

Retains certification for second consecutive year Underlines international standards followed for data collection and dissemination process Emcredit the...

Chedid Re wins the 2011 Reinsurance Broker of the Year award

Chedid Re has been named “2011 Reinsurance Broker of the Year” for the second year in a row by the MENA Insurance Awards (previously...

UAE Ministry of Finance organizes a Train-the-Trainers Course

In a step that aims at developing the skills of the Ministry of Finance’s trainers and HR personnel, the Ministry partnered with...

Middle East Credit Reporting Association convenes to strengthen development of regional...

Inaugural board meeting to review strategy to strengthen credit reporting operations across region Members of the Middle East Credit Reporting Association ...

UAE looks forward to direct debiting

According to sources from within the banking industry, a new federal direct debiting system has been introduced by the UAE Central Bank. Last week,...

Middle East Insurance Summit Sees Growth Potential of up to 400%...

Debo Ajayi: “Summit will encourage debate and dialogue, stimulating innovation and regional products to realise huge untapped market potential” Summit runs from 11 to 15...

No Imminent VAT Introduction in UAE

An official statement carried by the Emirates News Agency provided an update on value-added tax discussions in the UAE. The statement confirmed that the...

5 Tips To Ensure Your Financial Investments Are Safe

The law governing financial crimes right across the UAE has been tightened up with the establishment of the Dubai Economic Security Centre. This body,...

73 percent of UAE residents admit they have debt with UAE...

73 percent of UAE residents surveyed by compareit4me group admitted to having some kind of debt with UAE banks, with credit cards topping the...