Tag: Finance
Asia to see 41.4% drop in money transfer from Middle East...
A new report from Asian Development Bank (ADB) expects the Middle East region to Asia remittance to drop by $22.5 billion during 2020 which...
Dubai Financial Market sees 21% rise in H1 profit
One of the leading financial markets in the region, Dubai Financial Market (DFM) Company has reported a 21 percent rise in its net profit...
Bitcoin can become 8th biggest bank in the world; BuyShare NZ
According to the data accumulated and analyzed by New Zealand's Buy Shares, the world's largest cryptocurrency Bitcoin, if categorized as a bank, would rank...
UAE’s DIFC reports 25% YOY growth in H1 2020
UAE's global financial center, The Dubai International Financial Center (DIFC) has reported strong growth in the region's financial sector with a 25 percent increase...
ADGM wins prestigious GAR Awards 2020
Abu Dhabi's International Financial Centre, Abu Dhabi Global Market (ADGM) has been recognized as the 'Jurisdiction which has made great progress’ by the GAR...
Saudi IPO in COVID; Amlak International offers its share on Tadawul
Saudi Arabian real estate finance company Amlak International opened up it's Initial Public Offering (IPO) yesterday allowing the Saudi public to purchase its share...
“Fintech startups will help drive the future of finance”: DIFC CEO
While the pandemic pushed the traditional financial industries into a struggle as they were forced to cut down on their working hours and the...
Low levels of cybersecurity at 50% firms approved by DFSA; Review...
A thematic review report on cyber risks was published by the Dubai Financial Services Authority (DFSA) which highlights various significant opportunities for operational risk...
