Tag: finance

A lot of the trade between the two countries is taking place via preferential routes using the Comprehensive Economic Partnership Agreement (CEPA) between the two countries, Union Commerce Secretary …

Under the corporate tax regime, several businesses in the UAE, excluding small firms that don’t meet the income threshold of Dh375,000 per annum, are expected to pay a corporate tax of 9.0 per cent …

Since the start of 2023, several initiatives have gone into effect in the UAE, including new Emiratisation rules and a ban on plastics in Ajman and Umm Al ..

The plan will see 5,000 UAE nationals employed in the banking and financial sector by 2026 The UAE Banks Federation (UBF) recently held its annual general meeting (AGM), chaired by Abdulaziz Al …

Arab Bank Group Profits Grow by 30% to $216 Million for the First Quarter of 2023 . Dubai, UAE, 30th April 2023: Arab Bank Group reported solid results …

Issuers in the UAE led the Gulf markets with proceeds of $3.2 billion from three initial public offerings in the first quarter of 2023, more than doubling in value year-on-year, reflecting the …

GCC initial public offerings (IPOs) raised a total of $3.5 billion through 12 offerings in Q1 2023, marking a y-o-y decline in value of 25%, as UAE led the region raising $3.2 billion from 3 offerings …

Sheikh Mohammed announces body that will create ‘modern investment strategy’ to provide food safety net for millions around the world …

The UAE’s stock market gained more AED 106 billion ($28.8 billion) in April, according to the Emirates News Agency (WAM). Driven by the performance of leading stocks and new listings such as Ansari …

Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, led the UAE delegation participating in the Joint Annual Meeting of Arab Financial Institutions held in Rabat, Morocco.The meetings …

The Ministry of Finance unveiled a new decision by the UAE Cabinet new relating to Qualifying Public Benefit Entities. It is designed to ensure that organisations operating for the wider public …

Dubai Finan cial Market (DFM) announced a 30 per cent increase in net profit to AED35.6m, compared to AED27.5m during the corresponding period of 2022. DFM’s total consolidated revenue has increased …

in the UAE. Emirates Islamic is the 11th commercial bank to join EDB’s credit guarantee scheme platform, offering favourable financing solutions to SMEs. Under the partnership, EDB will guarantee 50 …

The UAE Banks Federation (UBF) recently held its annual general meeting, chaired by Abdulaziz Al Ghurair, the Chairman of the Federation. The members of UAE Banks Federation (UBF) approved recently th …

UAE Banks Federation (UBF), the unified representative and voice of the UAE banks, recently held its annual general meeting (AGM) under the chairmanship of H.E. Abdulaziz Al-Ghurair, Chairman of the …

The UAE’s Ministry of Finance has issued two decisions that seek to bring transparency and clarity to the country’s corporate tax regime — which will come ..

UAE Banks Federation approves 2023 sector strategy UAE banks to employ 5,000 Emiratis by 2026 UAE, UAE Banking, UAE Banking Federation, UAE banking sector, UAE banks, UAE Banks Federation Banking & Fi …