UAE and Saudi avoid tax evasion under new agreement

The signing took place at the headquarters of the Saudi Ministry of Finance in Jeddah. The agreement reflects the UAE’s keenness to strengthen cooperation in tax-related matters and enhance economic relations with its neighbour. HE Obaid Humaid Al Tayer ... ( read original story ...)

Put your savings to work with offshore banking

With the low interest rate environment in the UAE meaning your savings often are not even keeping up with the real rate of inflation, banking offshore means you can enjoy significantly higher interest rates than what you’d find in UAE. Here are our ... ( read original story ...)

UAE Central Bank publishes 2017 financial stability report

The report provides information on the strengths and vulnerabilities of the UAE financial system and the regulatory and policy measures introduced by the Central Bank. The report also includes assessment of key macro- financial and banking sector developments. ( read original story ...)

Kushner startup said to seek Saudi, UAE-backed Softbank funds

The United Arab Emirates has put at least $15 billion into the Vision ... But he hasn’t divested his Cadre stake, valued at $5 million to $25 million on his most recent financial disclosure form. People close to Cadre - whose founders include Jared ... ( read original story ...)

UAE- Sheikh Mohammed receives leaders of media

Deputy Ruler of Dubai and UAE Minister of Finance, Sheikh Mansour bin Mohammed bin Rashid Al Maktoum and Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and National Media Council Chairman. Sheikh Mohammed discussed with the media personalities ... ( read original story ...)

Matthias Knab

Mr. Knab has frequently served as chairman of hedge fund conferences in New York, Greenwich, Tokyo, Shanghai, Hong Kong, Miami, Bahamas, Stockholm, Dubai etc. In addition, he has presented or moderated at hedge fund events in London, Geneva, Zurich ... ( read original story ...)

Dubai’s Biggest Bank Bets $3.2 Billion on Turkey’s Wild Ride

Emirates NBD PJSC is buying the lender from Russia’s Sberbank at a time when the country is struggling with a plunging currency, a wave of debt restructurings, looming elections and political meddling in the finance industry. The purchase is both Turkey ... ( read original story ...)

Winning the digital banking battle

McKinsey's latest research reveals that at least 80 per cent of urban consumers in the UAE now prefer to do a portion of their banking through digital channels. The new digital banking experience is about agility, mobility, connectivity, efficiency and ... ( read original story ...)