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Tag: banking

Posted on 30/09/2024

UAE tax authority postpones deadlines for corporate tax return filing, payment for specific tax periods

FTA states that the due date for filing the Corporate Tax Return for Taxable Persons with a short Tax Period that ends on or before 29th February 2024 …

Posted on 29/09/2024

UAE to invest $30 million to support Ghana’s biodiversity, climate goals

Dr Amna Al Dahak Al Shamsi said, “Our partnership with Ghana is a testament to the UAE’s focus on global biodiversity, climate, and development goals. It underscores our commitment to the UAE …

Posted on 29/09/2024

UAE participates in high-level retreat marking 80th anniversary of Bretton Woods Conference

The gathering marked the 80th anniversary of the Bretton Woods Conference, which established the foundations of the modern global financial system and led to the creation of both the IMF and the World …

Posted on 29/09/2024

UAE takes part in high-level retreat marking the 80th anniversary of the Bretton Woods Conference

The gathering marked the 80th anniversary of the Bretton Woods Conference, which established the foundations of the modern global financial system and led to the creation of both the IMF and the World …

Posted on 29/09/2024

UAE climbs global rankings in fight against financial crime

The UAE has enacted legal measures and regulations to enhance its framework, aiming to establish a sustainable national system to combat illicit financial activities …

Posted on 29/09/2024

UAE to invest $30m to support Ghana’s biodiversity, climate goals

The United Arab Emirates and the Republic of Ghana today announced a $30 million partnership for nature-based community development and climate solutions, outlining initial investment areas.

Posted on 29/09/2024

Abu Dhabi, Dubai CDS drop; reflects fiscal resilience, says CBUAE

Dubai’s CDS also fell from 71 bps (basis points) in  Q4 2023 to 65 bps in March 2024, reflecting similar confidence in its economic stability …

Posted on 29/09/2024

UAE continues drive to combat money laundering, terrorism financing

The UAE continues to work closely with the FATF and other international partners to protect the global economy and international community from the risks of money laundering and terrorism financing.

Posted on 29/09/2024

UAE’s central bank raises 2024 GDP growth forecast up by 4%

The UAE’s central bank has revised up its forecast for the country’s GDP growth in 2024 by 0.1 percentage points in light of expected improvements in th …

Posted on 29/09/2024

How wealthy Indians are developing an appetite for real estate in Dubai

In recent years, Dubai has emerged as a preferred destination for wealthy Indians looking to invest in real estate. There has been a significant surge in the amount of money wealthy Indians are …

Posted on 29/09/2024

Dubai Intensifies Regulatory Measures for Crypto Marketing

Dubai’s Virtual Asset Regulatory Authority (VARA) is implementing stricter guidelines for the promotion of cryptocurrency investments within the country, marking a significant step towards enhancing …

Posted on 28/09/2024

Abu Dhabi, Dubai CDS drops; reflects fiscal resilience: CBUAE

These developments reflect a robust economic landscape in the UAE, characterised by a solid banking sector and increasing investor confidence …

Posted on 28/09/2024

UAE Central Bank raises GDP forecast for 2024, eyes 6% growth next year

The Central Bank of the UAE has increased its GDP growth forecast for 2024 to 4 per cent from 3.9 per cent previously, reflecting the improved performance of the oil sector.

Posted on 28/09/2024

Dubai study values global digital creative economy at $7.3tn

A Dubai study has valued the global digital creative economy at AED27tn ($7.3tn) and sets the emirate up as a global ub for investment in the sector.

Posted on 28/09/2024

UAE elected to institution for Asian nations focusing on auditing, public finance

Chairman of the UAE Accountability Authority, participated in the assembly, which focuses on enhancing cooperation among Asian nations in supervision of public finance and auditing under the broader …

Posted on 27/09/2024

UAE insurance sector growing with premiums up 31% to $9.72bn in H1

The UAE insurance sector has witnessed ongoing growth in the first half of the year, according to Central Bank data …

Posted on 27/09/2024

Dubai Stocks Confront Regional Risks After Rally to 10-Year High

A rally that’s propelled Dubai stocks into the ranks of the best global performers looks set to cool as geopolitical risks increase and bargain valuations become harder to find.Most Read from …

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