UAE insurance investments hit AED40bn in 2014
Islamic insurance (Takaful) sector faces major challenges including profitability, the lack of innovative products and the need for more qualified…
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Pilots lead way in new savings scheme for expats
A new investment scheme offers expatriates in the UAE the opportunity to build significant savings and get the retirement they’re…
Flat Market in UAE
The professional hiring market grew by one per cent with 8,162 jobs being created between October and December 2014 compared…
DIB wins “Best Islamic Card” and “Best GCC Equity Fund”
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has won the award for “Best Islamic Card” for…
Global law firm Expands Capital Markets Practice
Global law firm White & Case LLP has expanded its Global Capital Markets Practice with the addition of Debashis Dey…
Banking on a digital future: UAE aims for dominance in digital payments
The Central Bank of the UAE is designing a new regulatory framework that will foster the development of digital payments…
Smart Payment Association releases total market estimate 2014 figures
In 2014, over 2050 million chip payment cards were shipped across the world. The figure was reached just three years…
Leading Shariah-compliant private wealth management organization agrees on an acquisition
SEDCO Holding Group, a leading Shariah-compliant private wealth management organization, has acquired a 50% stake in Mektebim Okullari, a leading,…
Fajr Capital scoops Deal and Firm of the Year accolades
Fajr Capital has been recognised as the Middle East's "Private Equity Firm of the Year" at the Global M&A Network's…
IMF Executive Board completes the sixth review under the SBA for Jordan
In completing the sixth review, the Executive Board approved the authorities’ requests to re-phase the undrawn Fund purchases in two…
Follow tips for smooth exit, British expats told
If you’re one of the 120,000 British nationals living in the UAE planning to say ‘so long’ to desert living…
Dubai International Financial Centre Investments announces double-digit growth for 2014
Dubai International Financial Centre Investments (DIFCI) reported revenues of $222 million for the fiscal year 2014, compared to $187 million…