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DIFC strengthens Dubai’s status as preferred global financial & innovation hub

Dubai International Financial Centre (DIFC), the leading global financial center in the Middle East, Africa, and South Asia (MEASA) region, has generated a new...

UAE’s AECB brings out expense-to-salary ratio in credit reports

Al Etihad Credit Bureau’s (AECB) credit reports will now include an expense-to-salary ratio (ESR), as it strives to provide greater insight into the creditworthiness...

HSBC joins the ADGM Digital Lab to support financial services sector

British multinational investment bank HSBC has joined the Abu Dhabi Global Market (ADGM) Digital Lab, a platform for financial institutions and FinTech firms to...

Saudi’s Mobily, Ericsson join to launch financial services solutions

Saudi Arabia’s leading telecom group Etihad Etisalat (Mobily) has selected Swedish multinational networking and telecom company Ericsson in order to launch a financial services...

QFC follows Singapore’s path to become global financial services hub

The Qatar Financial Centre (QFC) has been following the Singapore model of targeted policy intervention to secure its position in the global financial services...

PayPal to halt domestic payment services in India

One of the largest online payment processors in the world, US-based PayPal is all set to halt its domestic payment services in India from...

Preemptive Dubai holds GDP decline to 3.5% while global economies falter

While several major economies all over the world struggle to manage and report steeper declines in their Gross Domestic Product (GDP), Dubai's progressive efforts...
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