The Rise and Fall and Rise and Fall of Bitcoin
Recently we proclaimed 2021 to be 'the year of the cryptocurrency'. It was four weeks ago (ages in crypto terms), and a whole raft...
We Are All Big Debtors! $27,640 per Person
Global debt levels have reached new heights. A report by McKinsey Global Institute has estimated that the world’s debt now amounts to a total...
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...
FAB Launches Exclusive Benefits for Golden Visa Holders
The newly-launched benefits for Golden Visa holders were made possible through a collaboration between FAB and the Abu Dhabi Residents Office
First Abu Dhabi Bank...
Emirates NBD opens new Priority Banking centre in Tourist Club Area...
In line with its expansion plans in the UAE capital, Emirates NBD, a leading bank in the region, announced today the official inauguration of...
Gold prices rally as investors seek safe-haven; May climb toward $1,200
Gold prices moved firmly higher on Tuesday as oil futures lost over 5% and Chinese stocks traded sharply lower. Investors sentiment is sharply lower...
It’s time to buy gold
If you have not yet jumped on the wagon, it is about time. The next stop we are looking for is around $1,400 an...
Standard Chartered holds Ground Breaking Ceremony for its New Dubai Head...
Following excellent financial results for the year 2010, Standard Chartered has held a groundbreaking ceremony to launch the construction of its new office premises...
Bank of Egypt waives charges on remittances in Egyptian Pound from...
All charges against money transfers from UAE to Egypt in Egyptian Pound through the branches of Bank of Egypt in the UAE have been...
J.P. Morgan Acquires New European Investment Bank Headquarters in London
J.P. Morgan today announced major real estate investments in London, including the acquisition of 25 Bank Street in Canary Wharf, which will become the...
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...
Emirates NBD wins Banker Middle East – Products Award for Best...
Winners selected by poll of 10,500 financial services professionals
Emirates NBD builds on 2009 award for Best Retail Bank
Emirates...
Global Takaful market to reach US$25 Bn in 2015
Ernst & Young was recently named Best Advisory Firm at the International Takaful Summit 2011 in London
Global Takaful contributions are expected to touch...
Dubai Banks Announce Business Relief Package
Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Dubai banks have come...
Banking on the future
The Emirates National Development Program (ENDP) and HSBC are coming together for an initiative that will, in the coming year, train and develop 200...
Frontier Markets No Riskier than Emerging Markets
Some of the world's most rapidly expanding economies fall into what is popularly referred to as the Frontier markets.
Valued over $1 trillion Saudi Aramco IPO could go global
As part of a privatization drive, Saudi Arabia is considering an IPO of Saudi Aramco, the world’s biggest crude oil producer, deputy crown price...
Global Islamic Finance Industry Targets AED7.3 Trillion (US$2 Trillion) in the...
Innovation and product diversification to drive growth of Islamic finance industry
The global Islamic finance industry has been forecasted to touch the AED7.3 trillion...