5 billion as the first Dirham-denominated treasury bonds issued by the UAE Federal Government acting through the Ministry of Finance. The issuance is part of an ambitious strategy that includes a …
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Banking system well-capitalised, liquid: CBUAE
Through the annual report, the UAE Central Bank expressed its pride in its vital role in promoting the country efforts to contain the financial and economic challenges caused by the COVID-19 pandemic …
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EFG Hermes wraps up advisory on $323m private placement ahead of Ali Alghanim and Sons’ IPO
This is a significant milestone for EFG Hermes, as it’s the firm’s first IPO on Boursa Kuwait where it has acted as a joint bookrunner for the offering.
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Dubai police arrest British businessman over $1.7bn Danish tax fraud case
Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.
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CBUAE’s Annual Report for 2021 underlines the UAE’s continued economic recovery and increase financial sector resilience
Through the annual report, the CBUAE expressed its pride in its vital role in promoting the country efforts to contain the financial and economic challenges caused by the Covid-19 pandemic by applying …
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DP World and CDPQ Announce US$5 billion Investment in Strategic Assets in the UAE
DP World, a global infrastructure-led supply chain solutions provider, and CDPQ, a global investment group, announced today an investment of US$5 billion (CA$6.3 billion) in three of DP World’s …
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EFG Hermes concludes role as joint bookrunner on $2 billion IPO of Borouge Plc on the Abu Dhabi Securities Exchange
The transaction highlights the UAE’s efforts and commitment to engage global investors EFG Hermes, the leading investment bank franchise in Frontier Emerging Markets (FEM), announced today that its …
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France in talks with UAE to replace Russian oil, diesel as Ukraine war deepens
Meanwhile, Saudi Arabia indicates confidence in oil demand with a bigger-than-expected selling price increase across Asia …
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How UAE helps international money laundering, tax evasion operation to arrest Sanjay Shah
A British hedge fund trader was arrested by Dubai police for dividend tax fraud worth $1.7 billion. Sanjay Shah, 52, the alleged mastermind behind the scam, was wanted in Denmark for the past seven …
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France in talks with UAE to replace Russian oil supplies, finance minister says
French Finance Minister Bruno Le Maire confirmed Sunday that France was in talks with the UAE to replace Russian oil purchases as the European Union crude ban is set to take effect.
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UAE readies for GCC’s lowest tax regime as global corporates brace for tariff hikes
The median corporate tax rates in leading economies worldwide fell to a new low of 25.1 per cent in 2021, which is nearly three times of the nine per cent tax rate …
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France Is Talking to UAE About Replacing Russian Oil, Diesel
Tech Giants Are Dropping Bad News DailyOil Sands Crude Prices Nosedive as Russian Bans Upend MarketFor Intangible-Asset Craze, It’s Midnight in the Stock MarketStarbucks Illegally Closing N.Y. Cafe to …
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France in talks with UAE to replace Russian oil supplies -minister
France is in talks with the United Arab Emirates to replace Russian oil purchases, which will stop after the imposition of a European Union ban on Russian crude, Finance Minister Bruno Le Maire said …
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How do I reduce my carbon footprint as a Dubai resident?
In the UAE, the average person uses up as many as 450 plastic bottles a year, with only a small percentage being recycled.
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UAE forging ahead with confident steps: Mohamed Bin Zayed visits Sheikh Mohammed
President His Highness Sheikh Mohamed Bin Zayed Al Nahyan on Saturday visited His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, as part of His …
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UAE President Visits Sheikh Mohammed Bin Rashid
Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance; Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of the Zayed Charitable and Humanitarian Foundation …
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Maait, his UAE counterpart agree on boosting cooperation
Finance Minister Mohamed Maait met on Saturday 04/06/2022 with his UAE counterpart Mohamed bin Hadi al Hussaini on the sidelines of the 2022 Annual Meetings of the Islamic Development Bank Group in Sh …
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