Local Bank and Peer-to-Peer Platform to Offer Financing for SMEs
Emirates Development Bank , a key financial enabler of the UAE’s economic diversification and industrial transformation agenda, today announced that it has signed an...
UAE – A Forerunner in Development of AML Systems; Business Sector...
Ministry organizes media briefing on anti-money laundering & ultimate beneficial owner procedures.
The Ministry of Economy (MoE) held an extensive media briefing on the system...
Visa, Airbnb Partner to Get Hosts Paid Faster with Visa Direct
Visa, the world’s leader in digital payments, and Airbnb, a leading online marketplace for lodging and experiences, today announced Airbnb Hosts in select markets...
Resilience of Corporate Debt in Emerging Markets Expected to Continue
The percentage of Emerging Market firms defaulting on corporate debts due to the impact of the pandemic is expected to be lower than in...
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...
Liv. Launches UAE’s Most Flexible Credit Card
Liv., the digital only lifestyle bank by Emirates NBD, is expanding its millennial-friendly proposition with the launch of a unique credit card programme. The...
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...
Industry Insiders Optimistic About Financial Services in UAE for 2021
56% of respondents agreed that the outlook for remittances remains positive for the coming year
Companies rate changing demographic, labour mobility, unemployment and current pandemic...
GCC Payments Industry Set to Leapfrog Other Economies in 2021
Enhanced digitalisation and tech adoption across the region sees digital transactions increasing
Payments made via Bahrain’s BenefitPay set to exceed US$4billion this year
49 per cent...
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...
Deadline to Submit VAT Returns Extended to May 28: Federal Tax...
The Federal Tax Authority (FTA) has issued a directive, on an exceptional basis, extending to 28 May 2020 the deadline of submitting VAT returns...
DIFC Reinforces UAE Government’s Efforts to Support Businesses
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, reinforces its commitment to...
DIFC Reaffirms Commitment to Advancing FinTech Ecosystem
New partnership agreement signed with Tribe Accelerator, the first Singapore government supported Blockchain accelerator to collaborate on knowledge sharing and events
DIFC Authority...
Dubai FDI Launches New Services To Support Chinese Investors
‘Dubai Advantage’ mini programme on WeChat will provide updates on opportunities for investment and growth in Dubai
Dubai Investment Development Agency (Dubai FDI), an agency...
Dubai Economy Joins 6 Banks to Launch KYC Consortium in UAE
Consortium has Dubai Economy and Emirates NBD Group as founding members along with HSBC, RAKBANK, ADCB, and Commercial Bank of Dubai as early...
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...
Dubai International Financial Centre Receives FinX FinTech Hub of the Year...
The Centre recognised for role in identifying new avenues for facilitating innovation and excellence within the financial technology sector
Dynamic and robust FinTech...