Image Credit: Supplied Dubai: The Dubai Government backed B2B … and making it easier for buyers on the portal to tap trade finance, Tradeling wants to reshape the B2B space in favour of online …
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UAE – Mohammed bin Rashid receives credentials of new ambassadors
Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, H.H. Sheikh Ahmed bin …
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Mohammed bin Rashid, Mohamed bin Zayed discuss UAE’s future development plans
The meeting was attended by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance.
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UAE: Reader needs a cheque book, but bank refuses to open a current account
It’s the bank’s sole discretion to approve all applications … Dear Reader, This section is about Living in UAE and essential information you cannot live without. Register to read and get …
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RAKBANK joins UAE Trade Finance Gateway
has teamed up with RAKBANK to boost SME financing through collaboration under the UAE Trade Finance Gateway, a digitised platform that helps exporters and re-exporters based in the country to obtain …
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New UAE app lets you know if a cheque is likely to bounce
A new app launched in the UAE allows both businesses and individuals to instantly know if a cheque issued through a UAE-based bank is likely to bounce. ChequeScore predicts the likelihood of a cheque …
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UAE Energy Firms Are Investing Billions In New Oil Operations
Several UAE energy firms are hoping to boost their oil output in the coming years, aiming to meet ongoing international demand as other world powers move away from fossil fuels to renewable …
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EDB chief Ahmed Al Naqbi wins accolade for banking transformation in UAE
Ahmed Al Naqbi, chief executive of Emirates Development Bank, has been ranked “Best CEO for Banking Transformation in the UAE for 2021” by Britain’s International Finance magazine.Mr Al Naqbi led the …
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Dubai’s DEWA May Boost Post-IPO Dividend Payout to $1.69 Billion
State-owned Dubai Electricity & Water Authority is considering tripling its annual dividend target to 6.2 billion dirhams ($1.69 billion) after listing in the first half of the year, people familiar …
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UAE: Reader complains against bank’s delay to process an Initial Public Offering refund
Bank resolved the issue after Gulf News’ intervention …
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‘Ahead of plan’: Contractor Kent progressing after SNC deal but IPO still some way off
Boss of Dubai-based services outfit says revenues this year set to be better than budgeted but public listing not likely until 2024 …
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Will the UAE Introduce Income Tax? Here’s the Answer
It seems that the United Arab Emirates won’t be introducing an income tax anytime soon, a senior official said in an interview with Bloomberg TV.
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No UAE income tax for now, minister says
The UAE will not introduce an income tax for the time being … Over the next few weeks, the Ministry of Finance is expected to announce more details clarifying how the corporate tax will be imposed.
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Is UAE planning to introduce income tax? Minister clarifies
The interview comes in the wake of the UAE’s introduction of corporate tax on business profits from June 1, 2023.
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UAE Eyes More Trade Pacts to Secure Billions in Investments
The United Arab Emirates is working to close more trade deals as it seeks to deepen its ties with fast-growing economies and draw billions of dollars in foreign investment. “We are about to finish …
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UAE: How do I protect my spending power from inflation?
With inflation chipping away at your spending power, how can you protect yourself? Here are four steps financial planners recommend that’s practical for everyone. • Trim discretionary spending, …
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Saudi’s largest pharmacy chain Nahdi Medical to ‘accelerate’ UAE expansion
which has announced plans to launch an initial public offering (IPO), is also looking to expand its footprint in the UAE. The company, which is 50 percent owned by SEDCO Holding, one of the kingdom’s …
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