FinTech unicorn TransferWise comes to the UAE
TransferWise, a global low-cost digital money transfer service, is now operating in the UAE, six months after receiving its license…
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Insurance brokers in UAE offered capital relief
Mid-size insurance brokers in the UAE have been offered some capital relief after the Insurance Authority amended its rules to…
Islamic finance charts high-tech future
"Is it halal to buy shares in Tesla?" a young Muslim would-be investor asks on Twitter. Islamic finance --…
Legal challenge seen in rush to cut pay in Kuwait
Among supporters and opponents of the idea of reducing salaries and benefits for senior officials in private sector as a…
Managers of Wealth Appreciates Its Advertisers
We’d like to express gratitude to our fantastic sponsors here at Managers of Wealth. Appleby Global Avaloq Bahamas Financial Services…
Abu Dhabi Islamic Bank in secondary market blockchain trade finance deal using TradeAssets
Yesterday, the Abu Dhabi Islamic Bank announced it completed a secondary market transaction using blockchain trade finance platform TradeAssets. …
Kuwait Financial House (KFH) Touts the Use of Ripple’s Payment Solution
A recent report revealed that the Kuwait Financial House is touting the use of Ripple’s payment solution, alongside SWIFT for…
UAE advisers split on game changing regulation
The UAE financial advice sector is set for its biggest regulatory shake-up but not everyone thinks this will be a…
Arab Africa Trade Bridges Program Outlines Actions to Support Developing Countries Cope with the COVID-19 Crisis
The International Islamic Trade Finance Corporation and its partners have approved an AATB Program Action Plan to support African and…
Turkey’s banking watchdog slashes limits on banks' FX transactions
Turkey’s banking watchdog said Sunday it was slashing the limit for banks’ foreign-exchange swap, forward and option transactions with foreign…
UAE banking sector joins law enforcement agencies to fight fraud
UAE Banks Federation, the Central Bank of the UAE, Abu Dhabi Police and Dubai Police have launched the UAE’s first…
Qatar Airways, Standard Chartered sign $850mn financing deal
Qatar Airways and Standard Chartered have successfully signed a $850mn financing in respect of seven Boeing 787-9 aircraft. This…