How Cryptocurrencies are Regulated in the Middle East
Over the years blockchain and cryptocurrency have gained significant influence over world economics and now this industry had reached on…
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Almost two-thirds of GCC expats don't seek financial advice in first two years: research
Only 37% of expats living in the Gulf seek and receive financial advice within their first two years living in…
New system to boost UAE finance sectors's integrity
The Central Bank of the UAE has developed a Persona Non Grata System in order to restrict persons with questionable…
UAE central bank injects $2bn as bank deposits drop
The Central Bank of the United Arab Emirates in March injected AED7.3 billion ($1.98 billion) in cash to the financial…
Emirates posts $631m profit, awards $136 million dividend
Emirates Group has released its 2018-19 annual report, posting a profit of $631 million for the financial year ended 31st…
Expatriates in UAE elated over planned pension funds
Dubai resident Erum Mustafa, a 45-year-old single woman, is pleased to know that the Federal Authority for Government Human Resources…
Shuaa swings to Q1 loss on Abraaj exposure
Dubai investment bank Shuaa Capital, which is in the process of merging with its biggest shareholder, swung to a first-quarter…
QNB opens new branch at Msheireb Metro station
QNB Group, the largest financial institution in the Middle East and Africa, has opened its new branch in the Msheireb…
Turkey raises forex sales tax in another support for lira
Turkey has raised a tax on some foreign exchange sales to 0.1 from zero, the country’s latest effort to discourage…
NBK- Egypt reports net profits in 1Q 2019 growing by 2.6% YoY
Improved profit performance was attributable to increased operating banking revenues, reflecting Egypt’s economic stability. We aim to increase our market…
Enjoy convenient access to finance in the UAE
A lot of businesses and business ideas, in particular, die a silent death even before taking off due to lack…
Fintech to help Qatar become Islamic finance hub: QFC
Fintech can enable Islamic finance to attract more customers, increase efficiency, reduce costs and offer a wider range of products,…