International Finance

Tag : Dubai

Banking

aafaq Islamic Finance launches new medical equipment financing product

To target SME companies and complement national healthcare development goals January 12, 2016: aafaq Islamic Finance, a leading provider of Islamic finance products and services in the UAE, has introduced a new medical equipment financing product specifically tailored for the country’s small & medium enterprise (SME) market. The fully Shari’a-compliant product will be offered to...
FinanceWealth Management

Crowdfunding platform eyes Oman SME market

Dubai-based company looks to fill the gap of funding for startups Suparna Goswami Bhattacharya August 13, 2015: Ask any startup what is their biggest hurdle and more often than not they will unanimously say funding. The story is the same in every country and, more so, in countries where the startup ecosystem has just started...
Economy

Egypt betting big on a new capital

President hopes it will usher in new investments; however, such plans have failed in the past Suparna Goswami Bhattacharya April 29, 2015: Over the past 5,000 years, Egypt has changed its capital city 29 times. The Pharaohs of Egypt often moved the capital by building new cities. But since 950 AD, the country has had...
Economy

Menacorp tops dubai financial market’s list of brokers for Q1 2015

Attributes success to robust business model April 6, 2015: Menacorp, the UAE’s largest financial services firm, has achieved another milestone after it was named the top brokerage firm from among the 49 listed brokers at the Dubai Financial Market (DFM) for the first quarter of 2015. The award-winning investment firm ranked first in terms of...
Islamic Banking

The dispute resolution conundrum of the Islamic finance industry

The industry cannot survive without solid and uniform regulation, a unique and independent dispute resolution framework and a bankruptcy court Camille Paldi December 12, 2014: As we hear news of the rapid growth of the Islamic finance industry with billion dollar banks, huge dollar sums of Islamic assets, sukuk issuances and the expansion of Islamic...
Business Leaders

‘The debt problem in China is not hype’

American economist James Rickards says collapse of the debt and property bubble there could well be the catalyst for a global economic crisis Suparna Goswami Bhattacharya November 7, 2014: James Rickards, American lawyer, economist, investment banker and author of books of like Currency Wars and Death of Money, is one of the speakers at the...
FinanceWealth Management

Gold trading: To do or not to do

Many investment experts are sceptical, but interest is increasing Suparna Goswami Bhattacharya    October 10,2014:The yellow metal traditionally has caught the fancy of many — be it in the form of bars, or in the form of Exchange-Traded Fund (ETFs). Stocks and shares remain the best form of investment for many, but gold has been...
Islamic Banking

DIB’s ‘Smart Bank’ set to redefine customer service

New customers can complete their account opening formalities and walk out with their ATM cards and cheque books within 15-20 minutes July 23, 2014: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has announced the launch of ‘Smart Bank’, in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum’s,...
Fintech

Dubai Sets Up First Solar Plant

The Supreme Energy Council is trying to reduce Dubai’s dependence on oil and gas, the gulf state aims to produce one percent of its energy needs using solar power by 2020 and five percent by 2030. 24th October 2013 Dubai inaugurated the first phase of a solar energy park on Tuesday and plans to build...