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Posted on 17/02/2019

Dubai Financial Market gives real-time information on foreign ownership limit of listed firms

Dubai: The Dubai Financial Market said on Sunday it will give real-time data on the enhanced Foreign Ownership Limit (FOL) of listed companies on the bourse. The DFM will update the info in terms …
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Posted on 17/02/2019

What the UAE’s new life insurance regulations mean

Sean Kelleher, the chief executive of Mondial, a SCA-licensed financial advisory, says some investors end up confused because there are a number of different regulators in the UAE’s financial services …
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Posted on 15/02/2019

The Rise of Islamic Finance on China’s Belt and Road

particularly the United Arab Emirates (UAE), has become one of the most prominent Islamic financial centers in the world and in recent years has made important strides toward becoming the capital …
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Posted on 15/02/2019

Dubai digital bank is first to launch smartphone insurance plan

UAE mobile phone owners can now enjoy protection for their devices with a new mobile insurance plan from Liv., the lifestyle digital bank by Emirates NBD. A first in the UAE, Liv.’s Mobile Insurance, …
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Posted on 15/02/2019

JPMorgan, Goldman-Backed Payments Co Finablr Eyes IPO

However, we don’t know the size of the IPO. We expect a very good response because we have a very good track record,” Finablr Founder and Chairman B.R. Shetty said at a conference in Dubai. Goldman Sa…
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Posted on 14/02/2019

United Arab Emirates-India: How fostering strong economic links can help both nations

the vision of its leaders made Dubai the now undisputed regional hub in the region as far as business (such as in sectors like tech, financial services, and general having regional MENA multinational …
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Posted on 14/02/2019

deVere acquires UAE-based wealth adviser, Prosperity

One of the world’s largest independent financial advisory organisations is continuing its “ambitious vertical and horizontal growth strategy” with the acquisition of Prosperity, a UAE-based IFA firm. …
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Posted on 14/02/2019

Samsung Pay expands UAE presence with five exclusive institutions partnerships

… the mobile payment experience across the UAE by partnering with Abu Dhabi Commercial Bank (Debit Cards), Dubai Islamic Bank, Finance House, MAF Najm Cards and Noor Bank and to enable their custome…
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Posted on 14/02/2019

UAE- DAMAC Properties announces 2018 preliminary financial results

DUBAI, 14th February, 2019 (WAM) — DAMAC Properties today announced preliminary financial results for the year ended December 2018. DAMAC reported a total revenue of AED6.1 billion, while net …
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Posted on 14/02/2019

Samsung Pay signs 5 new partnerships in UAE

Samsung has partnered with Abu Dhabi Commercial Bank (Debit Cards), Dubai Islamic Bank, Finance House, MAF Najm Cards and Noor Bank and to enable their customers access to the digital payment and digi…
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Posted on 14/02/2019

Zayed University Dubai opens largest Bloomberg Finance Lab in ME

Zayed University, one of the UAE’s top universities, and Bloomberg, the global financial information and technology company, today announced the opening of the Bloomberg Finance Lab at the university’ …
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Posted on 14/02/2019

Finance Manager – Michael Page International (UAE) Limited – Dubai Jobs

The Finance Manager has responsibility for all aspects of financial reporting, controls and collections for the Middle East business. They will manage the back office transactions to ensure timely and …
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Posted on 14/02/2019

Noor Bank 2018 profit jumps 62%

Noor Bank, a Shariah-compliant bank in the UAE, on Wednesday said its 2018 net profit jumped 62 per cent to Dh601 million as compared to Dh371 million in the previous year on the back of strong growth …
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Posted on 13/02/2019

UAE bourses sees a halt in sell-off

The Dubai Financial Market general index closed 0.31 per cent higher at 2,492.58. Image Credit: Gulf News Archives Dubai: UAE bourses witnessed a temporary halt in sell-off on Wednesday …
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Posted on 13/02/2019

Dubai turning strategic hub for Chinese investors

A picture shows a general view of the Dubai International Financial Centre. [Photo provided to China Daily] Chinese banks and investors have achieved great success through their entities in Dubai, rea…
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Posted on 13/02/2019

Bithumb Partners with Nvelop to Launch Crypto Exchange in the UAE

… the middle-east by opening a new fiat-to-crypto exchange in the United Arab Emirates (UAE), according to a February 12 report of local news outlet the Financial News. According to the report, Bith…
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Posted on 13/02/2019

Dubai Financial Market : GFH inks $100m real estate deal with Terra

Dubai – Mubasher: GFH Group on Wednesday announced that it has signed a $100 million agreement with a special purpose vehicle (SPV), owned by Terra Real Estate Investments LLC (Terra), with instrument…
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