An employee stands next to the logo of Ant Financial Services Group, Alibaba’s financial affiliate, at its headquarters in Hangzhou, Zhejiang province, China January 24, 2018. REUTERS/Shu …
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UAE’s FTA to issue Tax Residency, Commercial Activities Certificates for investors via its e-Services portal
Authority will begin receiving applications for the issuance of Tax Residency and Commercial Activities Certificates via its e-services portal as of November 14 …
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Visa, UAE’s NOW Money To Bring Digital Banking To Low-Income Gulf Customers
Visa has partnered with UAE-based NOW Money to bring digital banking services to low-income customers who are unable to access traditional banking services.
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Saudi IPO pipeline looks ‘quite busy’: CMA chairman
Since Aramco’s record listing last year, Saudi Arabia has seen a big increase in the number of companies looking to make their stock market debut in the kingdom, according to the head of the Capital …
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Al Ghurair International Exchange: Commemorating 40 years of the Central Bank of the UAE
Please share a short brief on your brand’s association with the UAE Central Bank. Al Ghurair International Exchange has been regulated and licensed by the Central Bank of the UAE (CBUAE) since our …
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Saudi Arabia’s IPO pipeline looks ‘quite busy’: CMA chairman
Since Aramco’s record listing last year, Saudi Arabia has seen a big increase in the number of companies looking to make their stock market debut in the kingdom, according to the head of the Capital …
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L M Exchange proudly congratulates the Central Bank of the UAE on its 40th anniversary!
Please share a short brief on your brand’s association with the UAE Central Bank. Since the inception of the Central Bank of UAE (CBUAE) in 1980, LM Exchange (LM) has maintained a cordial and fruitful …
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UAE federal entities report revenues of $11 billion in third quarter – WAM
United Arab Emirates federal entities reported revenues of 40.16 billion dirhams ($10.94 billion) in the third quarter, state agency WAM reported.
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Will Noor Bank’s merger with Dubai Islamic Bank lead to layoffs?
Dubai Islamic Bank (DIB) announced the completion of the merger of Noor Bank’s operations, after the successful transfer of all banking relationships to DIB. That was the tough part that took almost a …
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Central Bank of UAE issues new regulation on Stored Value Facilities
By introducing this new regulation for the providers of SVFs, the CBUAE aims to facilitate Fintech firms and other non-bank payment service providers easier access to the UAE market while continuing …
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UAE fund gets tax break for investments
The decision is in line with the provisions of the Finance Act this year meant to encourage investments into infrastructure by sovereign wealth funds …
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UAE: Sheikh Mohammed attends camel race
The race was held on the occasion of the safe return of Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, after the surgery he recently underwent. Sheikh Hamdan bin …
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DFM International Investor Roadshow 2020 sheds light on Dubai capital markets’ investment opportunities
The event will be virtually held for the first time, with strong participation from 14 issuers of equities, Sukuk and bonds …
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Russian online retailer Ozon plans potential $500mln U.S. IPO
Russian online retailer Ozon has filed for an initial public offering (IPO) in the United States, it said on Tuesday, which financial market sources said could raise at least $500 million for the …
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Tax exempt: UAE sovereign fund first to get 100% I-T exemption on India investments
Notification process for Abu Dhabi SWF was completed “in record time” to expedite foreign investment in India’s priority areas during the pandemic, a source said …
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Dubai Islamic completes integration of Noor Bank
Dubai Islamic Bank (DIB), a leading Islamic bank in the UAE, has announced that it has completed the integration of Noor Bank with the successful migration of all banking relationships into DIB. The …
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Gulfmena launches its flagship fund the “Gulfmena Arab Opportunities Fund Limited”
This is the first directional absolute return hedge fund focusing specifically … that is regulated by the Dubai Financial Services Authority (DFSA). The fund’s shares are offered by way …
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