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Tag: banking

Posted on 18/11/2021

What Geneva can learn from Dubai

How Dubai is ready to help the world get back to business It is … For instance, drawing on this dense network, the Geneva financial centre is turning into a hub for sustainable finance. Clearly, …
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Posted on 18/11/2021

UAE to host Cybertech Global Conference

The renowned in-person largest networking event for the cyber industry, the Cybertech Global Conference 2022 returns to Dubai for the sec …
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Posted on 17/11/2021

Can the UAE Government achieve a successful economic reboot?

The UAE’s stimulus package, Targeted Economic Support Scheme (TESS), was especially helpful, with integrated relief measures to spur funding, liquidity, lending and capital in the banking sector. The …
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Posted on 17/11/2021

Fitch Affirms Dubai Islamic Bank at ‘A’; Outlook Stable

Fitch Ratings has affirmed UAE-based Dubai Islamic Bank (Public Joint Stock Company)’s (DIB) Long-Term Issuer Defa …
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Posted on 17/11/2021

READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Visit to the United Arab Emirates

Deputy Secretary of the Treasury Wally Adeyemo traveled to the United Arab Emirates from November 15 – 17 to discuss illicit finance, cybersecurity, the global economic recovery, and Iran. The …
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Posted on 17/11/2021

UAE: 95% of residents feel safe walking alone at night

About 95 per cent of the country’s residents said they feel safe walking alone at night, according to Gallup’s 2021 Global Law and Order report. The UAE has topped the list in this particular category …
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Posted on 17/11/2021

United Arab Emirates Prepaid Market Report 2021: Market is Expected to Grow by 15.8% to Reach $6.08 Billion in 2021 – Forecast to 2025

The “United Arab Emirates Prepaid Cards Business and Investment Opportunities – Market Size and Forecast (2016-2025), Consumer Attitude & Behaviour, Retail Spend, Market Risk” report has been added to …
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Posted on 17/11/2021

Central Bank issues new guidance on AML/CFT for exchange houses

The guidance, which came into effect immediately, requires licenced exchange houses to demonstrate compliance with its requirements within one month …
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Posted on 17/11/2021

Israel eyes U.S., UAE-backed climate projects with Jordan

Israel is exploring shared climate projects with Jordan, the United Arab Emirates and the United States, Israel’s Energy Ministry said on Wednesday, adding that the countries would sign a joint …
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Posted on 17/11/2021

Central Bank of UAE issues new guidance on anti-money laundering measures

New set of guidelines aimed at licenced exchange houses comes into effect Abu Dhabi: The guidance, which comes into effect immediately, will assist LEH’s understanding of risks and effective …
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Posted on 17/11/2021

Israel, UAE launch talks on free trade agreement

Israel and the United Arab Emirates (UAE) on Tuesday began negotiations to reach a free trade agreement, the Israeli Ministry of Economy said in a statement.
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Posted on 17/11/2021

Accelerate your future at Dubai’s largest UK university

Maaz Shaikh started university in Mumbai in September 2018 but something didn’t feel right. “I didn’t like the teaching, which prompted me to look for other options,” he said. Maaz settled on a BA in …
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Posted on 16/11/2021

READOUT: Deputy Secretary Adeyemo Meets with Banking Leaders in United Arab Emirates

Deputy Secretary of the Treasury Wally Adeyemo met with members of the UAE Banks Federation to discuss economic opportunities, money laundering and illicit finance. He shared that a major focus of the …
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Posted on 16/11/2021

United Arab Emirates a go-to offshore haven for Africa’s political and business elite, leaked records show

The UAE’s record on illicit finance raises concerns for its relationship with the world’s poorest continent, experts say.
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Posted on 16/11/2021

Jersey Finance makes ‘real commitment’ in new agreement with DIFC

Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.
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Posted on 16/11/2021

Connected experiences, the future of banking and finance in the UAE

The connected banking paradigm is going to pay rich dividends, pandemic or no pandemic. Connected experiences, the future of banking and finance in the UAE. contactless payments, digital banking, …
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Posted on 16/11/2021

Majority of UAE consumers prefer banks that put purpose over profits, report finds

About 76 per cent of customers in the UAE prefer banks that put purpose over profits, according to a report by cloud banking platform Mambu.Thirty-four per cent of the country’s banking customers are …
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