The wholly owned subsidiary, IDFAA Payment Services LLC or Neopay, will provide Issuer Processing and Acquiring Processing services to financial institutions and fintechs …
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World leaders, policymakers, experts convene in Dubai to address most urgent global challenges at WGS2022
Government officials and experts from around the globe are convening in Dubai this week at the World Governmen …
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Ministry of Finance organises specialised sessions within the World Government Summit 2022
The ministry is always keen to participate in WGS sessions and contribute to supporting government visions and directions aimed at bolstering government work in the UAE” Dubai: The Ministry of Finance …
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Dubai: Sheikh Mohammed meets with Prime Minister of the Iraqi Kurdistan Regional Government
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met with Masrour Barzani, Prime Minister of the Iraqi Kurdistan Regional Government …
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3 Things You Need to Know When Financing a Property in Dubai
A few years ago, many expats and foreigners hesitated about buying property in the Middle East. Now, Middle Eastern destinations, particularly Dubai, have become ideal choices when it comes to buying …
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UAE reaffirms investment in new Indonesia capital
The UAE on March 24 reaffirmed that it would invest in Indonesia’s new capital city project through an existing $10 billion funding commitment to the Indonesia Investment Authority (INA).
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Application of Fatca on financial institutions in the UAE
Usually, depository institutions like banks, custodial institutions like mutual funds, investment entities like hedge funds or private equity funds, and certain …
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Lebanon political stalemate, accounting rules distort Bank of Sharjah financials
UAE operations remain profitable, resolution to Lebanon woes likely in medium term Dubai: Bank of Sharjah has reported preliminary profits in its UAE operations, but remains in consolidated net loss …
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How Dubai became the last safe haven for rich Russians
Russian money has increasingly washed up in Dubai and the country’s neutral stance on the war has attracted rich couples …
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Is Salary In Uae Tax Free?
Is There Any Tax On Salary In Dubai? Individuals in the UAE are not subject to income tax. Besides the oil industry and foreign banks, the tax on them is imposed. These taxes come …
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How Will Vat Affect Uae Economy?
What Effect Can A Vat Have On Government Spending? Does a VAT affect VAT have on government spending? ? Government spending is likely (less, led to less, led to more s and lead to …
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Should U Close Your Bank Account In Uae Before Leaving?
Can I Keep My Bank Account Open If I Leave Uae? In order to remain a resident account, you can request that the bank convert it. When a UAE resident leaves without closing his/her account as soon as …
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Is A Bank Loan Debt A Criminal Case In Uae?
What Happens If Bank Loan Not Paid In Uae? A person’s credit score is negatively affected by all the payments made in the past who have not paid off. In the long run, credit sco …
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Dubai throws open the doors for the rich Russians escaping sanctions
Among bankers, power brokers and global tycoons, the UAE has long been known as a receptive environment for investment that asks few questions. A residency permit and a bank account can be obtained in …
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Meet the expats living on a shoestring budget in the UAE to fulfil big dreams
Dubai: There are myriads of instances when the UAE has helped expats with ordinary jobs pursue extraordinary dreams. While thousands of tourists flock to Dubai and the UAE to tick …
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Does Uae Have A Desert?
Did Dubai Used To Be A Desert? During less than 50 years, Abu Dhabi became the world’s most beautiful desert city when it went from a desert backwater to one of the most awe ins …
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Dubai: Industry talent, leadership honoured at International Finance Awards
The International Finance Awards 2021, which recognises industry talent, leadership skills, industry net worth, and capability on an international platform, were presented at a glittering ceremony in …
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