University of Wollongong in Dubai (UOWD), the first international university in the UAE and the premier Australian university in the region, today announced the launch of its new Master of Business …
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Wellness Forever raises Rs 130 cr from UAE’s Allana group, Adar Poonawalla and others
Wellness Forever will utilise the funds for store expansion, strengthening its highly profitable private label brands under its subsidiary Amore, and invest more in e-commerce …
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UAE has no plan for now to increase VAT to over 5 percent: Finance ministry
The United Arab Emirates has no plan to increase value-added tax (VAT) to more than the current 5 percent, the ministry of finance said on Tuesday. All six Gulf Arab states agreed to introduce 5 …
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UAE says has no plan for now to increase VAT
The United Arab Emirates has no plan to increase value-added tax (VAT) to more than the current 5%, the ministry of finance said on Tuesday.
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UAE says no plan to hike VAT
… projects in accordance with the UAE government’s plans and mitigate impact of the Covid-19 pandemic The UAE’s Ministry of Finance on Tuesday said it raised Dh11.6 billion in value-added tax (VAT) …
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DIFC’s Innovation Hub to support Dubai’s future economic growth
The innovation mandate has expanded for the Dubai International Financial Centre (DIFC) the leading global financial centre and FinTech hub in the …
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UAE Reiterates It Currently Doesn’t Plan to Raise VAT
The United Arab Emirates reiterated that it doesn’t have any plans at the moment to raise the value-added tax after neighboring Saudi Arabia tripled the levy and Oman said it plans to start imposing …
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UAE’s Biggest Listed Firm Taqa Raises Foreign-Ownership Cap
(Bloomberg) — The biggest listed company in the United Arab Emirates, Taqa, said it will allow foreigners, until now banned from buying its stock, to own almost half. Load Error Abu Dhabi National …
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Dubai’s real estate space: Is demand catching up?
As demand starts to rally, developers need to ensure they keep pace with the changing requirements from investors.
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Mashreq Bank’s nine-month 2020 net profit down to Dh352m from Dh1.76b
Mashreq Bank saw a sharp drop in net profit for the first nine months of 2020 to total Dh352 million, as higher impairment charges made a heavy dent in the financials. Last year’s profit at this stage …
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American Fintech Ripple Set to Establish Operations at the Dubai International Financial Centre
American Fintech firm Ripple is reportedy planning to establish operations at the Dubai International Financial Centre.
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Middle East’s Spotlight on Green Finance
Regional appetite for green financial support is growing – loud and clear, says Badar Chaudhry, Senior Vice President, Sector Head – Energy, Mashreq Bank …
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Mint Lite | UAE reforms, M&A, Myanmar polls, climate crisis and others
General elections started in Myanmar on Sunday even as the country saw coronavirus cases rise to 1,100 per day, after reporting only a handful in August. In the country’s second democratic vote since …
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UAE: FinTech Ripple Establishes Regional HQ in DIFC
Ripple, the enterprise blockchain solution for global payments, has established its regional headquarters at Dubai International Financial Centre (DIFC) …
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Coronavirus: UAE reports 1,111 new COVID-19 cases, no deaths
The United Arab Emirates reported 1,111 new coronavirus cases on Sunday – its lowest number of infections since Tuesday – and no new COVID-19 related deaths. The country conducted 154,882 tests and …
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ADIB launches UAE’s first Emirati chatbot
Abu Dhabi: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, today announced that it has launched ADIB Chat Banking, the UAE’s first Emirati customer care chatbot. The service is …
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Dubai court orders UAE bank to pay Dh5.5 million in compensation to duped customer
Dubai Cassation Court has ordered a local bank to pay Dh5.5 million to a customer whose account balance was seized by a bank employee in connivance with another defendant. The court was told that the …
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