Tag: banking

The summit witnessed a total of 500 participants from IPO community, including approximately 80 regional & international speakers. DFM plans to build upon the summit success through hosting it in the …

The gross assets of UAE banks, which contains bankers’ acceptances, surged by 0.7 percent to reach 3.639 trillion dirhams (USD990 billion) at the end …

The earnings easily beat Refinitiv’s mean analyst estimate of AED4.97 billion. Net income grew 11% YoY to AED10.4 billion versus AED9.4 billion in same period of last year, the Dubai Financial …

A long-running dispute involving $497 million in frozen funds, a claim for more than $13 million in interest and actors from the Cayman Islands, Kuwait and Dubai is nearing a conclusion …

The programme was launched by the Ministry to raise awareness about the new tax, after the Federal Decree-Law on Taxation of Corporations and Businesses (the “Corporate Tax Law”) was issued last month …

Indian companies registered in UAE, summit hears UAE-India trade to reach $100bn in next 5 years India, UAE, UAE-India trade Politics & Economics …

The United Arab Emirates (UAE) is in the midst of an energy transition, moving away from its nearly exclusive use of natural gas-fired power generation to …

The UAE will attract a major share of $66 billion in potential FDI inflows into the Middle East, North Africa, and Pakistan in 2023 as global investors consider the …

Monday’s deals included 532 sales transactions worth AED1.39 billion, 101 mortgage deals of AED710.22 million, and 12 gift deals amounting to AED363.74 million Property market deals in Dubai records …

While speaking on the second day of the Mena IPO Summit held in Dubai, Mohamed Khalifa Al Hadari, deputy CEO of the Securities and Commodities Authority, said four free zones entities and two special …

The listing of 11 companies on the UAE capital markets this year will raise more than Dh8 billion ($2.18 billion), the deputy chief executive of the Securities and Commodities Authority has said. Four …

The UAE has 11 IPOs in the pipeline with a value exceeding AED 8 billion ($2.2 billion) after it saw its highest level of offerings by aggregate value in 2022 since 2008. Speaking at the inaugural …

The UAE Ministry of Finance held a virtual session as part of its Corporate Tax Public Awareness Programme, with more than 800 business representatives, ta..

About 3.5 billion adults worldwide lack an understanding of basic financial concepts; Global data shows that only 35% of men and 30% are women are financially literate; Dubai, UAE …

The UAE Public Prosecution has issued imprisonment orders against the owner and manager of a private company for duping 296 Emiratis. The accused took mone..

According to figures published in the Central Bank of the UAE (CBUAE) November summary report on monetary and banking developments, gross credit rose by 0.5% from around AED1.88 trillion at the end of …

Dubai apartment sales soared in the fourth quarter of 2022, up 164% year-on-year, with a series of off-plan launches accounting for the growth. Morgans Realty said real estate sales overall in the …