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Oman exchange firms introduce unified service charge

In a significant move towards enhancing customer experience and transparency, 13 money exchange companies operating in Oman have introduced a unified common service charge for international remittances to India, Pakistan, Bangladesh, Philippin

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Saudi real estate platform records $4.5bn deals in one week

Saudi Ministry of Justice’s Real Estate Market Platform has generated a whopping SAR17 billion ($4.53 billion) in transactions within its first week of operation.    The platform, which was launched re

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Benefit signs credit information exchange deal with Mala'a

Benefit, Bahrain’s fintech leader, has signed a bilateral agreement with the Oman Credit and Financial Information Centre (Mala'a) to facilitate credit information exchange between Bahrain Credit Reference Bureau (BCRB) and Mala&rsqu

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UAE cbank revokes licences of exchange house, hawaladar

The Central Bank of the UAE (CBUAE) has revoked the licence of Dirham Exchange, an exchange house operating in the UAE, and struck off its name from the register, and revoked the registration of RMB Commercial Brokers Co, a Hawaladar operating

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EWA, Alba in deal to boost energy exchange operations

Bahrain's Electricity and Water Authority (EWA) said it has signed an operation and maintenance agreement with Aluminium Bahrain (Alba), the world's largest aluminium smelter ex-China.   The agreement wil

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EWA, Alba in deal to boost energy exchange operations

Bahrain's Electricity and Water Authority (EWA) said it has signed an operation and maintenance agreement with Aluminium Bahrain (Alba), the world's largest aluminium smelter ex-China.   The agreement wil

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FAM Holding plans to list shares on ADX Second Market

FAM Holding, a leading real estate developer, announced its plans to list its shares on the Abu Dhabi Securities Exchange (ADX) Second Market, joining a growing number of family-owned businesses listing on the UAE bourse. Dr Faisa

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LuLu Exchange opens 78th branch in UAE

LuLu International Exchange, the UAE’s leading payments provider offering cross-border remittances and currency exchange services, opened its 78th branch in the country at Kalba on Sunday.    The branc

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New decree asks Dubai joint stock firms to list in local exchanges

All local public joint stock companies established in Dubai, including those set up in special economic zones or free zones including the Dubai International Financial Centre (DIFC), should list their stocks in local securities exchanges inclu

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Dubai, Israel diamond exchanges agree collaboration

Through its Dubai Diamond Exchange (DDE), DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has signed a collaboration agreement with the Israel Diamond Exchange (ID

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