Abu Dhabi: Etisalat and Noor Bank today announced the launch of eWallet, a new digital payment service aimed at empowering UAE customers with safe, convenient, and flexible payment solutions using a …
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Dubai Financial Market : Oil and bitcoin rally as Middle East tensions drive markets – business live
Introduction: Oil on a tear A trader following the stock market at the Dubai Financial Market, in the Gulf emirate of Dubai, United Arab Emirates. Photograph: Ali Haider /EPA Good morning, and welcome …
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The First Alternative Investment Management Summit in Europe is a Success
The AIM Summit has been a leading private conference which until this year had been held exclusively in Dubai and Abu Dhabi. The conference brings together regional hedge funds, private equity, …
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UAE- Dex Secures in Principle Approval for Crypto Asset Exchange From Adgm’s Financial Services Regulator
(MENAFN – Dubai PR Network) ABU DHABI, UAE, 24th June 2019: DEX (Digital Assets Exchange) has secured in principle approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi …
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How to set up a successful business in Dubai
What’s more, there are plenty of business opportunities in the emirate, spanning sectors like tourism, finance, media, real estate, and technology. If its immense appeal has piqued your interest in …
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US rate cuts set to impact Saudi and UAE bank revenues
Loans make up more than 70% of Gulf banks’ earnings assets that are largely floating-rate corporate facilities, and changes in interest rates have a huge impact on income from lending, according to …
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Global wealth expansion to support private banking
Last year the private bank recruited more than 100 employees globally. In the UAE, it is looking to increase our private banking team by about 20 per cent every year until 2022, including …
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The IPO Pipeline Looks Promising in the GCC
In April, Bloomberg reported that three companies were looking to float their shares on the Dubai bourse, which would essentially end the 17-month IPO drought on the local market. Further details were …
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IPOs are back: UAE emerging as a strong player
In April, Bloomberg reported that three companies were looking to float their shares on the Dubai bourse, which would essentially end the 17-month IPO drought on the local market. Further details were …
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UAE financial firms to register on new platform or face penalties
(MENAFN – Khaleej Times) A new reporting platform that will help facilitate law enforcement authorities in the receipt, analysis and dissemination of suspicious transactions, including money …
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New system to curb money laundering in UAE
UAE Financial Intelligence Unit (FIU) launched the new reporting platform, (goAML), developed by the United Nations Office on Drugs and Crime (UNODC), to facilitate the receipt, analysis and …
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UAE- Compliance with financial laws a must for sector to flourish
(MENAFN – Khaleej Times) Full compliance is the only solution for companies in the UAE when it comes to anti-money laundering laws and other regulatory requirements, industry executives said at a …
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UAE financial firms need to register for new anti-money laundering platform this week
As the United Arab Emirates launches a new anti-money laundering system, reporting entities are required to register by the end of this week, a UAE central bank official said at a press conference in …
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Compliance with financial laws a must for sector to flourish
Full compliance is the only solution for companies in the UAE when it comes to anti-money laundering laws … partner for banking and finance at Al Tamimi & Co, also highlighted and addressed …
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UAE central bank focuses on real estate in anti-money laundering efforts
The UAE has been tightening its financial regulations to fight the perception among some foreign investors that it is a hot spot for illicit funds due to its free trade zones and geographic …
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Trusted Partner For Financial Trading Labs Deployment
Dubai: Anchored by its strong roots within the Trading Room Technology Solutions space in the GCC, Rashed Al Makhawi Ent LLC (RAME) has naturally broadened its industry expertise to start deploying …
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UAE launches new anti-money laundering platform
The UAE’s Financial Intelligence Unit (FIU) launched the new anti-money laundering platform ‘goAML’ , which has been open for registration since May, officials of the UAE Central Bank, CBUAE, …
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