Decision clarifies conditions allowing exempt persons to remain exempt under certain circumstances.● Helps to exemplify the application of the Corporate Tax Law in the exceptional circumstances. Abu …
Emirates Development Bank reveals commitment to financing UAE renewables sector
Emirates Development Bank (EDB) underlined its commitment to the UAE’s sustainable development agenda and to support the UAE’s Strategic Net Zero by 2050 I..
UAE surplus tops $46bln in first nine months of 2022
The United Arab Emirates posted a fiscal surplus of 169.6 billion dirhams ($46.19 billion) in the first nine months of 2022, a 165% increase from the same period of 2021, the central bank said on …
Adnoc IPO: Abu Dhabi-Based Company Announces Intention To Float 15% Stake In Logistics, Services Division
Adnoc has announced its intention to float a 15% minority stake in Adnoc Logistics & Services (Adnoc L&S), its mission-critical global energy maritime and integrated logistics leader, on the Abu Dhabi …
Standard Chartered, DIFC to collaborate on digital assets in the UAE
Subject to regulatory approval, the digital asset custody services will start in DIFC Standard Chartered, DIFC to collaborate on digital assets in the UAE crypto, DIFC, digital assets, Dubai, MoU, …
UAE economy hits one of fastest growth rates in the world, says Central Bank
Sheikh Mansour says the apex bank has terminated support measures aimed at helping the country cope with Covid-19 repercussions — a decision that reflected the …
Emirates NBD ties up with DIFC to support Dubai’s D33
When in effect, the agreement will aim at bringing together Emirates NBD with DIFC, the leading global financial centre in MEASA, which is home to the largest cluster of FinTech and innovation hubs …
Emirates NBD, DIFC to support Dubai Economic Agenda D33 goals
The joint initiative aims to encourage national talent, drive innovation and entrepreneurial growth Emirates NBD and Dubai International Financial Centre (DIFC) have signed a Letter of Intent, joining …
UAE: Dubai gold prices inch up in early trade
Gold prices inched up in Dubai on Wednesday morning, as traders positioned themselves for key US inflation data due later in the day, which could impact th..
Dubai: Tenants can use credit cards to ‘rent now, pay later’ as new monthly instalment scheme is announced
A UAE-based start-up has announced a ‘rent now, pay later (RNPL)’ scheme for residents in Dubai. Set to launch in July this year, the platform will let ten..
DBS considering expansion in Dubai, CEO says
Mr Gupta’s remarks underscore the growing importance of Dubai, which is emerging as a favoured destination for hedge funds and financial firms, drawn by its ease of doing business, tax-free status and …
UAE participates in the 68th meeting of GCC Undersecretaries of Ministries of Finance Committee
The United Arab Emirates, represented by the Ministry of Finance, participated in the 68th meeting of GCC Undersecretaries of Ministries of Finance Committee yesterday, which was held in Muscat, Oman, …
Emirates NBD and DIFC collaborate to support Dubai Economic Agenda D33
Through this collaboration, the DIFC aims to support Emirates NBD’s priorities through various ongoing initiatives including the DIFC FinTech Launchpad, DIFC Virtual Hub and DIFC Events agenda – each …
Dubai’s VARA Gives Highly Coveted Initial Approval to MaskEX, Gives Green Light to Start Making Provisions for Launch in the UAE
MaskEX, a next-generation cryptocurrency exchange, has announced that it has received initial approval from Dubai’s Virtual Asset Regulatory Authority (VARA) to begin making preparations for its …
UAE issues important notice for designated non-financial businesses, professions
The Ministry of Economy alerts to the start of the Money Laundering and Terrorist Financing Risk Assessment Data collection exercise UAE issues important notice for designated non-financial businesses …
DBS is considering expansion in Dubai, CEO Piyush Gupta says
Gupta’s remarks underscore the growing importance of Dubai, which is emerging as a favourite for hedge funds and financial firms.
Emirates NBD to collaborate with DIFC to advance shared goal of supporting the Dubai Economic Agenda D33
Letter of Intent signed at Dubai FinTech Summit 2023 by Arif Amiri CEO of DIFC Authority and Abdulla Qassem, Group Chief Operating Officer, Emirates NBD …