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Category: FINANCE

Posted on 20/04/2024

Is Dubai’s real estate sector poised for a slowdown?

Despite the global slowdown and spiking interest rates, Dubai witnessed a sharp increase in the value of home mortgage approvals, property prices, and residential rents. But has the real estate market …

Posted on 20/04/2024

UAE: MoF launches ‘digital public consultation’ on R&D tax relief

The digital public consultation reflects the Ministry’s belief in the importance of consulting with all stakeholders including businesses operating in the UAE, advisors, service providers, institution …

Posted on 19/04/2024

UAE signs 11th economic partnership deal amid trade expansion push

The UAE signed its 11th Comprehensive Economic Partnership Agreement on Friday as it continues to focus on boosting economic and trade ties with different countries. Arab world’s second-largest …

Posted on 19/04/2024

In Conversation with Anith Daniel, Group Head of Transaction Banking Services at Emirates NBD

In Conversation with Anith Daniel, Group Head of Transaction Banking Services at Emirates NBD | Global Finance Magazine …

Posted on 19/04/2024

10 Must-Know Tips for Every Newcomer in Dubai

If you’ve recently moved to Dubai, welcome! You’re about to experience a place known for its tax-free salaries, consistent sunshine, and a wide range of activities. New data from Remitly ranks Dubai …

Posted on 19/04/2024

UAE markets decline over Israel’s attack on Iran

Stock markets in the United Arab Emirates declined on Friday as investors turned risk-averse after Israel launched an attack against Iran.

Posted on 19/04/2024

xCube launches UAE’s first fully automated SLB service for retail investors

DUBAI, 19th April, 2024 (WAM) — xCube, a leading Dubai-based market-making and brokerage platform, has launched fully Automated Securities Lending and Borrowing (SLB)for retail investors, a …

Posted on 19/04/2024

UAE: MoF launches ‘digital public consultation’ on potential implementation of R&D Tax incentive

The consultation will be open from 19th April to 14th May 2024 with the aim to understand the scope of potential R&D activities undertaken by businesses and corporations in the UAE, what activities an …

Posted on 19/04/2024

UAE concludes 11th Comprehensive Economic Partnership Agreement amid trade expansion push

The UAE signed its 11th Comprehensive Economic Partnership Agreement on Friday as it continues to focus on boosting economic and trade ties with different countries. Arab world’s second-largest …

Posted on 19/04/2024

10 Must-Know Tips for Every Newcomers in Dubai

If you’ve recently moved to Dubai, welcome! You’re about to experience a place known for its tax-free salaries, consistent sunshine, and a wide range of activities. New data from Remitly ranks Dubai …

Posted on 19/04/2024

‘We’ve never seen anything like this’: Dubai Airports CEO expects normal service within 24 hours after flood chaos

Dubai Airports CEO said he expects services to return “close to normality” soon as the major transit hub deals with the fallout from unprecedented flooding.

Posted on 19/04/2024

XCube launches the UAE’s first fully automated Security Lending and Borrowing service for retail investors

xCube is a leading market making and brokerage firm in the UAE, committed to providing innovative and cutting-edge financial services to investors in the region. With a focus on affordability, …

Posted on 19/04/2024

Dubai Airports urges passengers not to arrive at the airport unless flights are confirmed

Emirates has also decided to suspend check-in for all customers across its network travelling with onward connections through Dubai, until 23:59 GMT on 19th April. This is to support operations …

Posted on 19/04/2024

Dubai Hands Full Operating License To Binance, Allowing Retail And Qualified Institutional Offerings

Binance scored a win in its bid to expand its global footprint as it has been granted a VASP license by Dubai despite the crypto exchange giant’s legal woes in the U.S. and Nigeria.

Posted on 19/04/2024

Dubai Metro rain aftermath: RTA updates you need to know

Stay in the know… The UAE was hit with unstable weather conditions this week and although it looks to be sunnier times ahead, the country is currently dealing with the aftermath. If you live in Dubai …

Posted on 19/04/2024

Long-haul carrier Emirates again halts local flight check-in as UAE recovers from record rains

DUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates said Friday it would again halt local check-in for passengers traveling on its flights as the wider United Arab Emirates tries to recover …

Posted on 19/04/2024

Hedge Funds Cry Foul Over Chinese Education Firm’s Default

Hedge funds and other international investors are sounding alarms after a profitable education company from China defaulted on its convertible bonds in March. Most Read from BloombergDubai Grinds to …

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