Category: FINANCE

Following DAPI’s open letter to the UAE Bank Federation Advisory Council penned by co-founder Mohammed Aziz over a month ago, …
( read original story …)

---

A weekly column where readers get their queries answered on Value Added Tax (VAT), Economic Substance Regulations (ESR), Customs and other GCC taxes. This week, queries relating to ESR are answered. a …
( read original story …)

---

LONDON, Oct. 28, 2020 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Vikas Papriwal as a Senior Managing Director in the firm’s Corporate Finance & …
( read original story …)

---

Dubai seeks to open new opportunities for entrepreneurs, to help them expand, attract investors & finance their projects. pic.twitter.com/0jHmciBEQD Nasdaq Dubai is collaborating with government …
( read original story …)

---

Dubai has launched a new platform to help young businesses and SMEs raise capital by listing an IPO on a dedicated stock exchange called the Nasdaq Dubai Growth Market. The new entity will be …
( read original story …)

---

Law360, London (October 27, 2020, 1:47 PM GMT) — A hedge fund founder accused of masterminding a $2 billion … Danish authorities and the Crown Prosecution Service have agreed that Sanjay Shah, a …
( read original story …)

---

Dubai plans to launch a “Nasdaq Dubai Growth Market” to help emerging companies, and small and medium enterprises (SMEs) attract investors and finance their projects, crown prince of the emirate, …
( read original story …)

---

Obaid bin Humaid Al Tayer, UAE Minister of State for Financial Affairs, has said that the UAE is keen to enhance coordination and communication with GCC countries with the aim of achieving …
( read original story …)

---

First Abu Dhabi Bank, FAB, reported AED2.5 bn for Q3-2020, 4 percent up on Q2, with net profit for the first nine months of 2020 standing at AED7.3 billion, 22 percent lower compared to the same …
( read original story …)

---

The United Arab Emirates last week marked two events that reflect its new international pivot — a historic visit by senior officials to Israel, and the renaming of a prominent street in Abu Dhabi …
( read original story …)

---

Tarabut Gateway, the operator of an ‘open banking’ platform, has launched operations in the UAE, with offices at Hub71 in Abu Dhabi and DIFC’s Fintech Hive. Tarabut Gateway already has offices in …
( read original story …)

---

Tarabut Gateway, the MENA region’s first and largest regulated open banking platform, has launched in the UAE. The company has simultaneously opened two new offices; one each at Abu Dhabi’s global …
( read original story …)

---

The six-member Gulf Cooperation Council faces a steep economic contraction this year before partially rebounding in 2021, with most countries facing sharper declines than previously estimated, a …
( read original story …)

---

The UAE Central Bank on Monday said it imposed administrative sanctions on two exchange houses for violating rules pertaining to anti-money laundering and combating financing of terrorism and illegal …
( read original story …)

---

(Bloomberg) — Aldar Properties PJSC became the biggest listed developer in the United Arab Emirates after its shares rose the most in six years on the back of a deal with a state-owned entity in Abu …
( read original story …)

---

First Abu Dhabi Bank , the United Arab Emirates’ biggest lender, reported a 19% fall in quarterly profit on Monday, dragged down by a double-digit drop in net interest income and higher …
( read original story …)

---

The Commercial Bank of Dubai has made a return to the capital markets for the first time since 2015, through a Dh600 million six-year bond issue. More than 100 investors participated in the offer, …
( read original story …)

---