First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre (DIFC), attended the signing of a Memorandum of …
UAE’s Aldar to issue 10-year $500mln green sukuk Wednesday – document
DUBAI – Aldar Investment Properties … The company held investor calls on Tuesday ahead of a potential issue, the proceeds of which will be used to finance or invest in eligible projects under its …
US and UAE among countries pledging $275m for Romanian nuclear project
The US and its partners, including the UAE, have pledged to provide $275 million for a small modular reactor (SMR) nuclear project in Romania as part of efforts to support the transition to clean …
Dubai Named as The Best City Brand in the Middle East and Africa
According to a Brand Finance Report, Dubai has secured the top spot in the Middle East and Africa, ranking 9th worldwide regarding the best city brands.In its inaugural City Index report, Brand …
Ministry of Finance announces UAE Cabinet Decision on treatment of natural persons in business activities
The Ministry of Finance announced the issuance of UAE Cabinet Decision No. (49) of 2023 on the treatment of resident and non-resident individuals undertaking a business or business activity, for the …
Banking & Finance
The fund official also urged all parties to urgently resolve the matter …
UAE shareholders got some good dividends in April as IPO boom keeps giving
Newly listed DEWA, Salik come up with high dividend yields, while Emaar makes a return Dubai’s DFM is having a good time of it this year, with post-IPO stocks turning in higher numbers.
PM vows every possible support to UAE investors
Shehbaz Sharif on Friday assured that the government would extend every possible support to the investors from the United Arab Emirates (UAE). The PM, in a meeting with a delegation of UAE investors, …
UAE Banks Federation Confirms A 100% Increase In The Use Of Some Digital Banking Channels
UAE Banks Federation, the representative and unified voice of UAE banks, revealed that the rate of digital banking services use through a number of banking channels has risen over 100%, reflecting the …
UAE ranks second globally in customer trust, says UBF
The UAE ranked second globally in terms of customer confidence in banks at 84 per cent in 2022, according to the index conducted annually by the UAE Banks Federation, …
UAE ranks second globally in customer trust: UAE Banks Federation
Under the guidance of the Central Bank of the UAE, the UBF works to support, accelerate and develop the digital transformation of UBF member banks …
UAE bank investments hit a record AED541 billion in February 2023
Securities accounted for the majority of bank investments at around 46 percent – or AED 248.9 billion UAE bank investments hit a record AED541 billion in February 2023 Bank Investments, UAE, UAE banks …
UAE tax: Corporate Tax begins on June 1, rules clarified
UAE has announced new rules when it comes to tax on individuals. UAE tax: Corporate Tax begins on June 1, rules clarified. business tax uae, corporate tax, tax news, uae income tax, uae news, uae tax.
UAE bank investments at all-time-high of $147.41bln in February
ABU DHABI – Bank investments in UAE hit AED541 billion by the end of February, the highest level in the country’s history, a report by the Central Bank of the United Arab Emirates revealed. The report …
UAE bank investments at all-time-high of AED541 billion in February
Bank investments in UAE hit AED541 billion by the end of February, the highest level in the country’s history, a report by the Central Bank of the United Arab Emirates revealed. The report, issued …
Dubai records over AED1.7 bn in realty transactions Thursday
Dubai real estate market recorded 451 sales transactions worth AED1.48 billion, in addition to 110 mortgage deals of AED245.8 million, and 13 gift deals amounting to AED46.2 million on Thursday, data …
Islamic finance set to grow another 10% this year
The global Islamic finance industry is expected to continue its growth trend of around 10% in 2023, which is similar to the 9.4% asset growth seen in 2022 and driven by core markets in Gulf …