UAE’s Emirates NBD announces offers targeting ultra-wealthy customers UAE bank launches new services for wealthy customers with $2m balance Emirates NBD, HNWI, UAE banks, UAE wealthy investors, UHNWI, …
Top tips for Investing in Dubai Real Estate: How to Maximize Your Investment
Dubai is one of the fastest-growing cities in the world, and it has established itself as a hub for business, tourism, and real estate. Dubai’s real estate market has been attracting investors from …
Emirates NBD introduces new banking proposition
Emirates NBD has introduced a new banking proposition within its Priority Banking segment, to cater to its elite and affluent Priority Banking clientele.
UAE announces major new tax law implementation
UAE Ministry of Finance says certain qualifying public benefit entities will be exempt from paying mandatory tax UAE announces major new tax law implementation Corporate tax, Corporate tax UAE, …
Emirates NBD Priority Banking introduces Signature, an exclusive new proposition for the ultra-high-net-worth client segment
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has introduced a new banking proposition within its Priority Banking segment, to cater to its elite …
Fitch upgrades United Arab Bank’s VR to ‘b+’ and affirms IDR at ‘BBB+’, outlook stable
The upgrade of UAB’s VR reflects the bank’s improved business profile following the asset quality clean up and new strategy …
UAE reveals revisions to tax laws
The UAE Ministry of Finance has announced that certain organisations and companies will be exempt from mandatory tax payments. UAE reveals revisions to tax laws. Corporate Tax, Corporate Tax UAE, …
UAE announces major tax exemption for Public Benefit Entities
The UAE’s Ministry of Finance has recently introduced a modification to the tax laws, allowing specific firms to waive the mandatory Corporate Tax fee. As per the latest decision announced by the UAE …
Two banks team up to launch credit guarantee scheme for UAE-based SMEs
Under the partnership agreement, Emirates Development Bank will guarantee 50% of the finance facility extended to eligible SMEs by the listed lender, which is the 11th commercial bank to join EDB’s sc …
Time to buy? Gold prices drop further in Dubai
Gold prices edged lower in Dubai and globally on Monday morning for a second consecutive session, as investor focus shifted to central bank meetings for clarity on their rate-hike strategies that may …
UAE to offer corporate tax relief to ‘public benefit’ entities
The UAE said entities that qualify for the exemption include entities that focus on activities such as philanthropy and community services …
UAE conventional bank assets hit $830bn
UAE Central Bank announces annual growth in financial sector UAE conventional bank assets hit $830bn CBUAE, Central Bank of the UAE, UAE, UAE banking sector Banking & Finance …
Dubai’s real estate sector records transactions worth Dhs157b in Q1
Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance of the UAE, …
UAE trade deal gauged by finance policy officials
The Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement (CAM-UAE CEPA) – largely expected to be signed later this year – will provide a major impetus for the Kingdom’s export …
Emirates Development Bank, Emirates Islamic partner to support SMEs
EDB has signed credit guarantee scheme agreements with 11 UAE lenders including Abu Dhabi Commercial Bank and First Abu Dhabi Bank …
Dubai International Financial Centre, Mastercard partner to drive digital transformation in UAE
The collaboration would provide fintech startups and established companies access to Mastercard’s network and expertise and DIFC’s financial ecosystem.
UAE property developer DAMAC sells $400 mln Islamic bond
Dubai-based real estate developer DAMAC on Tuesday sold a three-year $400 million Islamic bond, or sukuk, amid a strong rebound in the emirate’s real estate sector.