finance


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Dubai Islamic Economy Development Centre Enrols As Observer Member Of Responsible Finance & Investment Foundation (21 January 2018)
The Dubai Islamic Economy Development Centre (DIEDC) has enrolled as an observer member of the Responsible Finance & Investment (RFI) Foundation, signalling the rising stature of Islamic finance among the world’s responsible finance systems.



Dubai Islamic Bank Named ’Fastest Growing Bank In The UAE’ By International Finance Magazine (21 January 2018)
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, was recognized as the Fastest Growing Bank in the country at this year’s International Finance Magazine Awards.



DIEDC Enrols as Observer Member of Responsible Finance & Investment Foundation (21 January 2018)
The Dubai Islamic Economy Development Centre (DIEDC) has enrolled as an observer member of the Responsible Finance & Investment (RFI) Foundation, signalling the rising stature of Islamic finance among the world’s responsible finance systems.



Ministry Of Finance Clarifies Details Surrounding Designated Zones (11 January 2018)
Although Designated Zones are part of the UAE territory, the Ministry continued, for VAT purposes, they are treated as being outside the UAE. VAT is imposed on goods and services supplied or imported in the UAE.



DIEDC Joins Responsible Finance And Investment Foundation (9 January 2018)
The Dubai Islamic Economy Development Centre (DIEDC) has become an observer member of the London-based Responsible Finance and Investment (RFI) Foundation, it has been announced.



UAE Ministry Of Finance Approves First Purchase Invoice With VAT (2 January 2018)
Following its commitment to the UAE’s various government finance procedures, laws and regulations; the Ministry of Finance (MoF) has today issued the first VAT inclusive purchase order, and approved the first VAT invoice on its federal financial system.



Mashreq Bank Receives Nine Awards From Global Finance In London (2 January 2018)
Mashreq Bank, the UAE’s leading financial institution was presented with nine awards at the Digital Bank Conference and Awards dinner hosted by Global Finance magazine in London, England.



Dubai Islamic Bank Wins Four Prestigious Accolades At Islamic Business And Finance Awards 2017 (13 December 2017)
Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, picked up four major awards at the Islamic Business and Finance Awards 2017.



flydubai Uses New Structures To Finance Its fleet Of MAX Aircraft (11 December 2017)
Dubai-based flydubai, today announced, that it has closed two new financing structures: a Japanese Operating Lease with a Call Option (JOLCO) and an Aircraft Finance Insurance Consortium (AFIC) insured debt financing structure, to support the airline’s strategy of integrating the Boeing 737 MAX 8.



Emirates Islamic Announces Year-End Personal Finance Sale (5 December 2017)
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced its Personal Finance Sale, enabling customers to benefit from discounted profit rates starting from 2.79 per cent flat p.a. until 23 December 2017.






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