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...
Emirates Islamic Bank integrates Emcredit services to efficiently manage risk
1. Bank to use Credit Scope to mitigate risk; calls for greater information sharing and increased transparency
2. Joins Emcredit’s growing member base
In a...
“Back to Basics†is the unanimous call from Risk Managers...
Global Association of Risk Professionals hosts Dubai Chapter Meeting
Forum hosted By GARP and FRSGlobal
Back to basics is the...
UAE Expats Sent Home AED164.3 Billion in 2017
Expats remittances from the UAE amounted to AED164.3 billion during 2017, a growth of 2.2 percent from AED160.8 billion in 2016.
According to a report...
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,...
Tamweel introduces promotional home finance profit rates starting from 4.99 per...
Real estate finance provider offers up to 80 per cent finance on ready residential properties in Dubai and Abu Dhabi
Tamweel PJSC, the UAE-based Islamic...
Another step closer to VAT implementation in GCC
The Ministry of Finance in the United Arab Emirates (UAE) has recently launched a series of Value Added Tax (VAT) and excise awareness sessions...
Abu Dhabi Global Market grants In-Principle Approval for Binance
Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, has received its In-Principle Approval (IPA) for a Financial Services Permission (FSP) from the Financial...
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...
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 CFO Optimism at two year low in Q4 of...
Global CFO optimism is wavering, according to a recent study by Deloitte entitled ‘Q4 2011 Global CFO Signals Report’. Conducted on a semi-annual basis...
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...
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...
MENA Private Equity Association launches Online Directory
The MENA Private Equity Association has today launched a free directory aimed at entrepreneurs and businesses looking for venture capital funding. Over 50 VC...
Rosy perspectives for mortgage providers in Dubai
Mortgage providers in Dubai introduce higher quality products
Many expatriates in Dubai are now planning to purchase a home. Most of them have been living...
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...
CFA Institute drives international financial standards; Registration increase 131 %
CFA Institute, the global association of investment professionals, announced today that over 900 candidates registered for its June 2011 examinations from across the GCC,...
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...