Investor appetite in the Gulf is evolving, says Mohamed Ebeid, co-chief executive officer of EFG Hermes, an EFG Holding company, with a shift toward quality issuers, long-term capital, and …
Dubai’s ICD could tap IPO market to fund expansion
The Investment Corporation of Dubai (ICD), the principal investment arm of the emirate’s government, could potentially turn to the capital markets with a raft of listings over the next year or so, …
UAE’s outstanding bonds, Sukuk reach $309.4 billion by Q1 2025: Fitch
UAE’s outstanding bonds and Sukuk surged to $309.4 billion by Q1 2025, marking an 8.3 percent year-on-year increase, according to Fitch Ratings.Bashar Al Natoor, Managing Director and the Global Head …
The Ritz-Carlton Dubai appoints new director of sales and distribution
João Ferreira has been promoted to director of sales and distribution. The Ritz-Carlton Dubai appoints new director of sales and distribution. João Ferreira, the ritz-carlton dubai. Appointments.
UAE issues rule on non-residents’ nexus for corporate tax purposes
The new regulation clarifies when non-resident investors in QIFs and REITs are subject to corporate tax under the country’s tax law …
MoF announces the issuance of Cabinet Decision on Determining a Non-Resident Person’s Nexus in the UAE
UAE – The Ministry of Finance has announced the issuance of Cabinet Decision No. 35 of 2025 on the Determination of a Non-Resident Person’s Nexus in the State for the Purposes of Federal Decree-Law No …
Ministry of Finance announces issuance of Cabinet Decision on Determining Non-Resident Person’s Nexus in UAE for purposes of Corporate Tax Law
The Ministry of Finance has announced the issuance of Cabinet Decision No. 35 of 2025 on the Determination of a Non-Resident Person’s Nexus in the State for the Purposes of Federal Decree-Law No. 47 …
New UAE tax rule: When foreign investors, non-residents are liable for corporate tax
The Ministry of Finance has issued a decision, which explains when a foreign (non-resident) person or company is considered to have a tax link (nexus) in the UAE under the Corporate Tax Law.
UAE Introduces New Tax Measures
The UAE Ministry of Finance has introduced new tax laws granting corporate tax exemptions to Qualifying Investment Funds (QIFs) and certain limited …
UAE introduces new tax measures to boost investment
The UAE Ministry of Finance has announced new tax regulations aimed at encouraging investment. These measures focus on improving tax benefits for Qualifying Investment Funds (QIFs) and Qualifying …
New tax measures introduced in UAE
This regulatory update is seen as a key step in cementing the UAE’s position as a leading global investment hub …
UAE announces major new tax rules
The UAE has announced major new tax rules as it looks to lure investment and boost the economy.
Finance Must Lead, Not Follow: Anant Singh’s Vision on UAE’s Economic Future
The financial landscape of Middle Eastern countries is at a pivotal moment,” declared Anant Singh, a veteran of global financial markets, during a recent discussion on the sector’s future. “The days …
Dubai inmates receive over Dh7.6 million in financial aid during 2024
As part of its ongoing commitment to support the wellbeing of inmates, Dubai Police announced that humanitarian aid worth Dh7.6 million was provided to male and female inmates in correctional …
UAE dirham remains stable at 76.40 PKR, reflecting economic strength
The UAE Dirham (AED) continues to demonstrate remarkable stability in the global currency market, currently exchanging at 76.40 Pakistani Rupees (PKR). This consistent valuation underscores the UAE’s …
‘Hacked and blamed’: UAE credit card scam victims call for better protection against fraudsters
One teacher lost Dh35,000 while driving. A cybersecurity consultant was defrauded. Many victims insist they never clicked suspicious links yet still found themselves defrauded.
‘Hacked and blamed’: UAE scam victims demand better protection from banks
One teacher lost Dh35,000 while driving. A cybersecurity consultant was defrauded. Many victims insist they never clicked suspicious links yet still found themselves defrauded.