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Tag: finance

Posted on 01/08/2024

UAE: Etihad warns of fake ads offering IPO shares on social media

UAE’s national carrier, Etihad Airways, has made by “several social media posts falsely suggesting that the airline is undertaking a public share listing on the Dubai Financial Market … a potential …

Posted on 01/08/2024

British expat shares tips and tricks of investment in Dubai

Jessica Rooney, 32, is a certified financial planner at Dubai-based wealth managers Hoxton Capital Management. Delving into her own world of finance, we sp..

Posted on 01/08/2024

ViaDerma Finalizes Distribution Agreements in Dubai and Announces Six New Key Hires

ViaDerma, Inc. (OTC Pink: VDRM), a leader in innovative wound care solutions, proudly announces the successful completion of pivotal distribution agreements across the Middle East and Eastern Europe.

Posted on 01/08/2024

UAE Central Bank holds benchmark interest rate steady at 5.40%

CBUAE’s move follows the US Federal Reserve’s announcement to maintain the Interest Rate on Reserve Balances (IORB) …

Posted on 01/08/2024

CBUAE, Dubai Courts sign MoU to link electronic services

ABU DHABI, 1st August, 2024 (WAM) — The Central Bank of the UAE (CBUAE) and the Dubai Courts have signed a Memorandum of Understanding (MoU) aimed at linking electronic services related to the …

Posted on 01/08/2024

Gulf Marine Services PLC announces a landmark new bank deal and establishment of a dividend policy

Reached an agreement with First Abu Dhabi Bank, Commercial Bank of Dubai and HSBC Bank to refinance its current bank debt …

Posted on 01/08/2024

UAE Central Bank follows US Fed move, holds rates at 5.4%

The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at …

Posted on 31/07/2024

UAE corporate tax: Don’t wait until last minute to file returns, companies urged

With the simple process laid down for corporate tax compliance, companies are urged to , industry experts said on Wednesday. While speaking during a conference organised by , they stressed that firms …

Posted on 31/07/2024

Pakistan Likely to Get $12 Billion Loan Rollover From China, KSA, UAE Soon

Pakistan is likely to get $12 billion in debt rolled over from China, Saudi Arabia and UAE soon, Finance Ministry sources told ProPakistani. Sources said …

Posted on 31/07/2024

Regional outlook: capital markets remain strong in Dubai

As global IPO markets begin to recover, privatisation initiatives and other enhancements mean MENA retains is position as a leading capital destination.

Posted on 31/07/2024

UAE Residents to Trade Cryptocurrency Directly Through Bank Accounts

Crypto exchange M2 has launched a groundbreaking service that allows residents in the United Arab Emirates (UAE) to directly buy and sell major cryptocurrencies—Bitcoin and Ether—using their local …

Posted on 31/07/2024

London’s hedge fund rich are looking to avoid new taxes by relocating to Milan and Dubai. People who have made the move tell us what it’s like.

With the new Labour government set to increase taxes on wealthy asset management executives, some are looking to move to places like Milan and Dubai.

Posted on 31/07/2024

Etihad Credit Insurance and International Development Bank sign cooperation agreement to support ‘Xport Xponential’ initiative

Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a cooperation agreement with the International Development Bank (IDB), the largest banking network in Iraq, to support the …

Posted on 31/07/2024

Dubai real estate: Is it the right time to invest in buying a villa?

With Dubai’s property market booming in 2024, is now the right time for investors to buy villas into the emirate’s sought-after residential segment?

Posted on 31/07/2024

Dreaming of retiring in Dubai? Here are the steps to secure your long-term visa

Dubai appeals not only to young, affluent individuals but also to retirees seeking a comfortable lifestyle. The city offers a range of modern apartments and luxurious villas within vibrant communities …

Posted on 31/07/2024

Active Registered Companies in DIFC Exceeds 6K for 1st Time

The number of active registered companies in the Dubai International Financial Centre (DIFC) has surpassed 6,000 for the first time, marking a 24% growth in the first half (H1) of 2024.Read More: …

Posted on 31/07/2024

M2 ADGM announces a new, secure and seamless UAE bank account integration for UAE residents to buy and sell virtual assets

Speaking on the addition, CEO of M2 Stefan Kimmel said, “Through this compliant integration, UAE residents can enjoy the familiarity of their existing and trusted banking services, coupled with the …

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