UAE’s National Advisor Bureau Limited has come up with a concept … Live a 100 years blessing made real; finance your child’s prosperous long life with this product
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Banking stocks lift Abu Dhabi index to 2-year high
The UAE equity markets opened on a higher note on Tuesday after a long weekend, helped by scrips from the banking, real estate and construction sectors. The Dubai Financial Market General Index (DGMGI …
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UAE residents willing to ‘bank’ on technology…
There are a growing number of customers in the UAE who say that they are who are willing to get banking services from an established technology company, because traditional banks are failing to keep u…
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Would you bank with a ‘Digital Bank’?
Here’s a quick explanation of what digital banking means in 2018 and what UAE has to offer to customers. Paperwork, signing cheques, bank statements, and more paperwork – That is what conventional ban…
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BULLETIN: A&P Emerging Manager Index down -2.95% in October, DeVere launches a new crypto fund
DeVere Group, which has over 80,000 clients in 100 countries, stated on its website that the new investment solution, called deVere Digital Asset Funds, is being in partnership the Dubai-based hedge f…
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5 major banks represent UAE in Egyptian market
The number of UAE banks operating in the Egyptian market are five banks, namely Emirates NBD, First Abu Dhabi Bank, Abu Dhabi Islamic Bank (ADIB), Union National Bank-Egypt, and Mashreq. First Abu Dha…
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Robo-advisory firm is first graduate from Dubai fintech testing
The Dubai Financial Services Authority (DFSA) has announced that robo-advisory firm, Sarwa, has become the first participant to graduate from its regulatory sandbox following nearly 12 months of testi…
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8th Global Islamic Microfinance Forum Successfully Concluded in Dubai U.A.E.
(MENAFN – Somali Land Sun) 8th Global Islamic Microfinance Forum’ Successfully Concluded in Dubai – U.A.E. Somalilandsun- Under the Theme of Financial Inclusion, FinTech, Outreach Strategies …
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Family of UK businessman jailed in Dubai pleads with Foreign Office
Ryan Cornelius is one of four inmates who earlier this year completed a 10-year term for defrauding the bank. However, a Dubai court ruled that their sentences would be extended by another 20 years un…
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UAE issues special coins, bank note to commemorate Year of Zayed
The UAE’s Central Bank has issued two commemorative coins – a silver coin and a one Dirham coin – as well as a Dhs100 denomination bank note with the ‘Year of Zayed’ logo to celebrate …
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Financing for Stage Two of the UAE national rail network has been agreed
The Ministry of Finance and Abu Dhabi Department of Finance sign agreement for financing Stage Two of the UAE national railway network. His Excellency Obaid bin Humaid Al Tayer, Minister of State for …
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UAE finance bodies reach deal on funds licensing
The Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA) of the Dubai International Financial Centre (DIFC) and the Financial Services Regulatory Authority (FSRA) …
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UAE rail network to be extended by 605km
head of the Abu Dhabi Department of Finance and Etihad Rail, signed the agreement. This came on the sidelines of the UAE Government Annual Meetings, co-chaired by His Highness Sheikh Mohammed bin …
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UAE financial regulators reach agreement on licensing, promoting investment funds
DUBAI, 27th November, 2018 (WAM) — The Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA) of the Dubai International Financial Centre (DIFC), and the …
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UAE among advanced Islamic finance markets
The outlook for the Islamic finance market is promising with the UAE and other GCC leading the market, analysts said on Wednesday. According to industry analysts, total Islamic finance assets is proje…
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UAE finance bodies to promote investment funds
The Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA) of the Dubai International Financial Centre (DIFC), and the Financial Services Regulatory Authority (FSRA) …
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UAE’s rail project back on track with financing sealed
Etihad Rail said the UAE Ministry of Finance and the Abu Dhabi Department of Finance signed the agreement to finance the second stage. It did not disclose a figure for the financing. The second phase …
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