The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at …
UAE corporate tax: Don’t wait until last minute to file returns, companies urged
With the simple process laid down for corporate tax compliance, companies are urged to , industry experts said on Wednesday. While speaking during a conference organised by , they stressed that firms …
Pakistan Likely to Get $12 Billion Loan Rollover From China, KSA, UAE Soon
Pakistan is likely to get $12 billion in debt rolled over from China, Saudi Arabia and UAE soon, Finance Ministry sources told ProPakistani. Sources said …
Regional outlook: capital markets remain strong in Dubai
As global IPO markets begin to recover, privatisation initiatives and other enhancements mean MENA retains is position as a leading capital destination.
UAE Residents to Trade Cryptocurrency Directly Through Bank Accounts
Crypto exchange M2 has launched a groundbreaking service that allows residents in the United Arab Emirates (UAE) to directly buy and sell major cryptocurrencies—Bitcoin and Ether—using their local …
London’s hedge fund rich are looking to avoid new taxes by relocating to Milan and Dubai. People who have made the move tell us what it’s like.
With the new Labour government set to increase taxes on wealthy asset management executives, some are looking to move to places like Milan and Dubai.
Etihad Credit Insurance and International Development Bank sign cooperation agreement to support ‘Xport Xponential’ initiative
Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a cooperation agreement with the International Development Bank (IDB), the largest banking network in Iraq, to support the …
Dubai real estate: Is it the right time to invest in buying a villa?
With Dubai’s property market booming in 2024, is now the right time for investors to buy villas into the emirate’s sought-after residential segment?
Dreaming of retiring in Dubai? Here are the steps to secure your long-term visa
Dubai appeals not only to young, affluent individuals but also to retirees seeking a comfortable lifestyle. The city offers a range of modern apartments and luxurious villas within vibrant communities …
Active Registered Companies in DIFC Exceeds 6K for 1st Time
The number of active registered companies in the Dubai International Financial Centre (DIFC) has surpassed 6,000 for the first time, marking a 24% growth in the first half (H1) of 2024.Read More: …
M2 ADGM announces a new, secure and seamless UAE bank account integration for UAE residents to buy and sell virtual assets
Speaking on the addition, CEO of M2 Stefan Kimmel said, “Through this compliant integration, UAE residents can enjoy the familiarity of their existing and trusted banking services, coupled with the …
Dubai Financial Market announces 74% rise in Net Profit (pre-tax), for the first half of 2024 to AED 195.4 Million
Dubai Financial Market (DFM) today announced its consolidated financial results for the period ended 30 June 2024. Net profit before tax grew to AED 195.4 million, marking a significant 74% increase …
Man who gave mule accounts to Dubai-based crooks held
A man from Hassan, Karnataka, was arrested for facilitating cyber fraud by providing mule accounts to Dubai-based criminals. The fraudsters used these accounts for siphoning money through online …
DIFC continues to drive future of finance with outstanding H1 2024 results
The number of active registered companies in the Dubai International Financial Centre (DIFC) exceeded 6,000 for the first time in the first half of 2024, i..
UAE summer 2024: Flight tickets under AED1,000 from Dubai
Here is all you need to know about budget friendly round-trip tickets to destinations including including India, Kuwait, Pakistan, Saudi and Oman …
DIFC adds 820 more companies in first half with assets under management hitting $700bn
The Dubai International Financial Centre added 820 companies in the first half of the year, with the total assets under management in financial district rising to more than $700 billion amid …
Dubai Financial Market reports 74% profit increase in H1 2024; attracts over 72,000 new investors
DFM’s total consolidated revenue grew by 40 percent to AED305.7 million, up from AED218.1 million in the same period of 2023 …