Tag: banking

DUBAI, 21st June, 2018 (WAM) -- The Dubai Financial Services Authority, DFSA, today entered into a Memorandum of Understanding, MoU, with the Astana Financial Services Authority, AFSA. The MoU was signed in the Dubai International Financial Centre, DIFC ... ( read original story ...)

Al Tayer stressed the importance of collaborative work between the two countries to speed-up the role and activities of UAE-Luxembourg Council for Cooperation and Development of Islamic Banking and Finance, which includes a number of prominent financial ... ( read original story ...)

The education provider has is also reportedly planning to delay an IPO after Dubai moved to cap school fees GEMS is also planning to delay an initial public offering because of Dubai’s school fees decision. Blackstone Group-backed GEMS Education plans to ... ( read original story ...)

Some of the information here has been collated in collaboration with #ibankislamic which aims at creating awareness about Islamic banking in the UAE. ( read original story ...)

Dubai: Initial Public Offerings in the Middle East are expected ... Overall (domestic and cross-border) IPO activity in the Middle East witnessed a slow start, with capital raising amounting to only $263 million (Dh965 million) from six offerings in ... ( read original story ...)

Dubai International Financial Centre (DIFC) announced on Tuesday it has formed a new partnership with Startupbootcamp to support the development of the growing fintech and venture capital ecosystem in the Centre as well as promote entrepreneurship in the ... ( read original story ...)

The decision by the Central Bank of the UAE to cap fees and commissions has been lauded by personal finance experts for bringing transparency to the banking industry and ensuring customers are better protected. Under the new guidelines, fees on retail ... ( read original story ...)

Dubai International Financial Centre (DIFC), said on Tuesday that three new major international companies; Berkshire Hathaway, State Street Global Advisors, and Maybank Islamic have set up shop in the Financial Centre. Berkshire Hathaway Specialty ... ( read original story ...)

The Central Bank of the UAE said on Tuesday it has set a maximum limit on fees and commissions charged by banks as the country seeks to woo more expatriates and boost non-oil growth. The Central Bank capped fees on retail consumer-related banking services ... ( read original story ...)

Many fund managers hedge against currency fluctuations ... Larsson and Madsen had feet on the ground (either their own or their analysts') in Australia, Dubai, Indonesia and Japan. The team focuses on small and midsize foreign firms, investing in what ... ( read original story ...)