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Category: FINANCE

Posted on 13/12/2023

UAE Self-sponsored visas: how to live in Dubai without working

The holder can work for themselves, or another company (local or otherwise) without the need for individual sponsorship. Unlike the standard residency visa, the UAE golden visa permits holders to …

Posted on 13/12/2023

ICAEW: UAE GDP set to double in 2024 from oil and non-oil boost

The UAE’s GDP is expected to double in 2024 to 4.8%, up from 2.4% year-on-year in 2023, according to the latest Economic Insight report commissioned by ICAEW and compiled by Oxford Economics. While …

Posted on 13/12/2023

IDB marks one year of successful operations in UAE

IDB’s remarkable accomplishments serve as a catalyst for future expansion within the region.

Posted on 13/12/2023

Dubai police arrests Mahadev betting app co-owner Ravi Uppal, ED ‘starts extradition process’

ED officer says search on also for partner Sourabh Chandrakar, and that ‘everyone knows he too is in Dubai’, adds the two men ‘had been running their operations from Dubai’.

Posted on 13/12/2023

UAE: ‘Viable two-state solution plan’ needed before we commit to rebuilding Gaza

Viable two-state solution plan’ needed before we commit to rebuilding Gaza appeared first on The Times of Israel.

Posted on 13/12/2023

First Abu Dhabi Bank Partners with Archireef to Restore the UAE’s Coral Reefs

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and strongest financial institutions, has today announced a strategic partnership with Archireef, the pioneering …

Posted on 13/12/2023

Accenture to Enable Commercial Bank of Dubai’s Tech Transformation in Middle East

Accenture (NYSE: ACN) has signed a strategic agreement with the Commercial Bank of Dubai (CBD) in order to drive its technology transformation.

Posted on 13/12/2023

UAE: Purehealth IPO Subscription Ends With Dh265 Billion In Gross Orders

Abu Dhabi-headquartered PureHealth has completed the subscription process for its initial public offering (IPO) on the Abu Dhabi Securities Exchange …

Posted on 13/12/2023

PureHealth’s IPO attracts Dhs265bn in orders

PureHealth’s initial public offering drew Dhs186bn in orders from professional investors within the UAE and the region.

Posted on 12/12/2023

UAE central bank joins the Gulf Payments System ‘AFAQ’

‘AFAQ’ is a system linking payment systems in GCC countries, operated by the Gulf Payments The UAE Central Bank located on the Baynoonah street in Abu Dhabi. Image Credit: Gulf News archives Abu Dhabi …

Posted on 12/12/2023

PureHealth IPO Receives Staggering Demand, Gross Orders Received of AED 265 Billion

PureHealth Holding PJSC (Public Joint Stock Company under incorporation; the “Company”), today announces the successful completion of the subscription process for its initial public Offering (“IPO” or …

Posted on 12/12/2023

Dubai unveils new sovereign wealth fund to house billions of dollars in assets

Dubai Investment Fund will house assets and invest government funds, surpluses and the general reserve locally and internationally.

Posted on 12/12/2023

Aqua Bridge announces pursuit of IPO on Dubai Nasdaq “amidst spectacular growth”

Dubai, United Arab Emirates-based Aqua Bridge Group, which provides services and management expertise for the aquaculture industry globally, is considering an initial public offering on the Dubai …

Posted on 12/12/2023

Saudi Arabia’s MBC Group gets $14.5bn orders for IPO

Saudi Arabia’s MBC Group said the pricing of SAR25 per share implies a market valuation of around SAR8.3bn at listing.

Posted on 12/12/2023

Sahil Khan’s game-changing PRO services: Fast, affordable finance and business solutions in the UAE

Entrepreneur Sahil Khan, renowned for his success in the automobile industry with Sahil Khan Designs (SKD), has expanded his entrepreneurial footprint by venturing …

Posted on 12/12/2023

UAE central bank joins “Afaq” Gulf payments system

The CBUAE said the move was “in line with its strategic objectives of shaping the future of the UAE’s financial technology and digitization journey” …

Posted on 12/12/2023

RAKBANK launches credit card exclusively for one million Emirati nationals in the UAE

The card is made from recycled materials, which reinforces the bank’s commitment to integrating sustainability into its core business strategy for long-term financial growth as it aims for net zero em …

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