The UAE’s stock market gained more AED 106 billion ($28.8 billion) in April, according to the Emirates News Agency (WAM). Driven by the performance of leading stocks and new listings such as Ansari …
UAE participates in Joint Annual Meeting of Arab Financial Institutions
Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, led the UAE delegation participating in the Joint Annual Meeting of Arab Financial Institutions held in Rabat, Morocco.The meetings …
UAE tax laws; Eid Al Adha holidays, Dubai petrol prices, 3-day weekend, new speed limit – 10 things you missed this week
The Ministry of Finance unveiled a new decision by the UAE Cabinet new relating to Qualifying Public Benefit Entities. It is designed to ensure that organisations operating for the wider public …
Dubai Financial Market profits up 30% in 2023
Dubai Finan cial Market (DFM) announced a 30 per cent increase in net profit to AED35.6m, compared to AED27.5m during the corresponding period of 2022. DFM’s total consolidated revenue has increased …
UAE banks team up to help SMEs amid $8.17bn finance support pledge
in the UAE. Emirates Islamic is the 11th commercial bank to join EDB’s credit guarantee scheme platform, offering favourable financing solutions to SMEs. Under the partnership, EDB will guarantee 50 …
UAE Banks Federation Approves 2023 Strategy to Develop Banking Sector
The UAE Banks Federation (UBF) recently held its annual general meeting, chaired by Abdulaziz Al Ghurair, the Chairman of the Federation. The members of UAE Banks Federation (UBF) approved recently th …
UAE Banks Federation AGM Approves 2023 Strategy To Develop Banking Sector And Enhance Its Leading Position
UAE Banks Federation (UBF), the unified representative and voice of the UAE banks, recently held its annual general meeting (AGM) under the chairmanship of H.E. Abdulaziz Al-Ghurair, Chairman of the …
UAE corporate tax: Ministry issues decision specifying requirement for firms earning over Dh50 million
The UAE’s Ministry of Finance has issued two decisions that seek to bring transparency and clarity to the country’s corporate tax regime — which will come ..
UAE banks to employ 5,000 Emiratis by 2026
UAE Banks Federation approves 2023 sector strategy UAE banks to employ 5,000 Emiratis by 2026 UAE, UAE Banking, UAE Banking Federation, UAE banking sector, UAE banks, UAE Banks Federation Banking & Fi …
UAE Banks Federation approves 2023 strategy for banking sector development
The UAE Banks Federation (UBF) recently held its annual general meeting, chaired by Abdulaziz Al Ghurair, the Chairman of the Federation. During the …
UAE issues tax updates
UAE Ministry of Finance issues updates on taxable persons and residency UAE issues tax updates Ministry of Finance, UAE, uae tax Latest News …
Dubai ruler appoints new second deputy – Dubai Media office
Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum on Friday appointed another of his sons as a deputy ruler of the emirate, following the death of his brother and long-serving deputy ruler Sheikh …
UAE Vice-President appoints Sheikh Maktoum, Sheikh Ahmed as First and Second Deputy Rulers of Dubai
His Highness Sheikh Mohammed bin Rashid Al Maktoum issued a decree on Friday announcing Sheikh Maktoum bin Mohammed as First Deputy Ruler of Dubai and Sheikh Ahmed bin Mohammed as Second Deputy Ruler …
Dubai real estate: Boom in property market continues; Thursday sees deals worth AED1.5bn
Thursday’s property deals included 533 sales transactions worth AED1.24 billion, 129 mortgage deals of AED239.19 million, and 21 gift deals amounting to AED21.52 million Dubai real estate: Boom in …
Dubai Financial Market announces 30% upsurge in Q1 2023 net profit to Dh35.6 million
Dubai Financial Market (DFM) on Friday announced that it posted a net profit of Dh35.6 million for the first quarter of the year ending on March 31, 2023, ..
UAE firms need ESG in AI: ‘We do not have the luxury of time,’ expert warns
AI brings benefits but also ethical risks for ESG policies UAE companies committed to sustainability goals UAE firms need ESG in AI: ‘We do not have the luxury of time,’ expert warns AI, Artificial …
UAE to participate in Joint Annual Meeting of Arab Financial Institutions
The significance of these meetings in offering a robust platform for exchanging views and discussing the most prominent financial and economic topics and developments in the Arab region: minister …