The UAE has been ranked the second safest country among the world’s 134 countries in 2021 in The Global Finance magazine index.The index considers three fundamental factors – war and peace, personal …
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Consumer Optimism in Dubai Reaches Highest Level in 10 Years
The second quarter of 2021 saw consumer optimism in Dubai rising to its highest level since 2011, according to the quarterly Consumer Confidence Index of Dubai’s Department of Economic Development …
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Dubai International Finance Centre gives its Intellectual Property regulations more power
Dubai: The Dubai International Financial Centre (DIFC) has introduced new Intellectual Property (IP) Regulations with effect from July 5. This will “enhance and augment” the UAEs …
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Covid-19: New wave of GCC bank mergers gathering pace
The so-called second wave of bank mergers follows an earlier run of M&A in the region – seen most prominently in the UAE – triggered by the 2014 oil price slump, analysts at Oxford Business Group said …
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Safest countries 2021: UAE ranked 2nd in the world
Dubai: The UAE was ranked as the world’s second safest country in 2021, according to new data released by Global Finance on Wednesday. Global Finance’s safest countries index ranked 134 countries …
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UAE ranked the second safest country in the world
The UAE has been ranked the second safest country in the world after Iceland. And why not, the UAE has proven to deal with adverse situations. It tops among the places for women empowerment, where …
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Al Maryah Community Bank receives its final central bank approval
We would like to sincerely thank the UAE Central Bank and express our gratitude for their faith and trust in our community efforts and granting the banking license to Al Maryah …
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EDB partners with Mashreq Bank on Credit Guarantee Programs for SMEs in UAE
The MoU is part of EDB’s focus to enhance the contribution of SMEs to the country’s GDP Dubai: Emirates Development Bank (EDB), a key financial enabler of the country’s economic …
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The Minuses of OPEC+ Are Exposed by the UAE
As the old certainties that underwrote the cartel slip, a key member is preparing for a world in which oil demand could peak, with consequences for the entire group.
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UAE Sees 55 per cent Growth in Finance App Installs as FinTechs Up Marketing Spend
AppsFlyer, the global marketing measurement leader, has released its 2021 edition of The State of Finance App Marketing. The Covid-19 pandemic directly impacted how consumers interact with financial i …
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UAE: What happens to a joint account after the death of an account holder
Dubai: If you have a significant amount of savings in the UAE, it may make sense to set up a joint account, where your spouse or children are all account holders. Similarly, you may open a joint …
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Dubai International Finance Centre gives its Intellectual Property regulations more muscle
Dubai: The Dubai International Financial Centre (DIFC) has introduced new Intellectual Property (IP) Regulations with effect from July 5. This will “enhance and augment” the UAEs …
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UAE-Based GoDoFX Picks Integral for FX and CFD Trading Technology
Integral, a leading foreign exchange (FX) technology provider, today announced that GoDoFX has selected Integral for FX and CFD trading technology.
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UAE: 9 out of 10 residents prefer digital banking to visiting physical branches
Nine out of 10 UAE residents are now more likely to opt for digital banking services rather than make a physical visit to a bank branch. A new survey conducted by Backbase and YouGov revealed that …
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The Engine Behind Nasdaq Dubai’s New Growth Market: A Guide For Dubai’s SME Sector
The benefits of listing include a reduced dependence on bank funding, a higher degree of diversification of investors, easier access to additional equity capital and debt finance, and a higher public …
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Oil and Dollars: Why the UAE Is Risking a Fallout With OPEC+
The OPEC+ oil cartel is facing its biggest crisis since a price war at the start of the coronavirus pandemic.The United Arab Emirates, the group’s fourth-biggest producer, argued against a deal …
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Analysis-OPEC Disagreement Lays Bare Growing UAE-Saudi Economic Rivalry
Rare public disagreement between the United Arab Emirates and Saudi Arabia over OPEC policy points to a growing economic rivalry between the two largest Arab economies which only looks set to …
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