U nited Arab Bank has announced the successful issuance of its $150 million Additional Tier 1 (AT1) capital instrument which recently concluded through a private placement. The bank said the issuance, …
Dubai logs over AED1.5bn in realty transactions Monday
DUBAI, 10th April, 2023 (WAM) — Dubai’s real estate market recorded 572 sales transactions worth AED1.18 billion on Monday, in addition to 89 mortgage deals totalling AED310.59 million, and 17 gift …
Finance Ministry clarifies on the organisations exempted from corporate tax registration
The UAE Ministry of Finance on Monday released details of public and private sector organisations that are exempted from tax registration for new corporate tax that will be introduced in June this …
UAE consumers can now buy insurance to protect against online scams
People should consider obtaining personal insurance to protect against online scams, experts say. They are warning that a rise in the amount of fake emails, bogus calls and duplicitous text messages …
Dubai Integrated Economic Zones posts 42% jump in operating profit in 2022
Its total revenue also posted an increase of 29 percent last year Dubai Integrated Economic Zones posts 42% jump in operating profit in 2022 Dubai, Dubai businesses, Dubai economy, Dubai Integrated …
UAE announces tax exemption rules
The UAE Ministry of Finance has listed those who are exempt from registering for corporate tax UAE announces tax exemption rules Abu Dhabi, Corporate tax, Corporate tax UAE, corporate taxes, Dubai, …
UAE announces list of entities exempted from corporate tax
The UAE’s Ministry of Finance (MOF) has issued a new decision that explains which businesses are not required to register for Corporate Tax on the Taxation..
UAE: Ministry of Finance issues decision on exception from registration for corporate tax purposes
The Ministerial Decision on the Exception from Tax Registration sets out who would be excluded from registering for Corporate Tax …
National Bank of Fujairah announces long-term partnership with CleanMax to finance its rooftop solar projects in UAE
Dubai — The National Bank of Fujairah (NBF) announces that it has provided a long-term credit facility to CleanMax for refinancing its rooftop solar portfolio in the UAE. The facility will cover 48 …
First Abu Dhabi Bank open to acquisitions to spur growth, CEO says
First Abu Dhabi Bank is open to acquisition opportunities in the Middle East and North Africa and in markets beyond as long as the deals make commercial sense and create value for the UAE’s biggest …
Hedge Funds Rushed to Short Treasuries in Time for Payrolls Beat
Speculators timed it just about perfectly before Friday’s strong US payrolls data, adding the most to their bets against benchmark Treasuries in just over a year. Most Read from BloombergSaudi …
Second salary in UAE: Invest as little as Dh1,000 per month to earn additional income
Simply put, the savings plan allows customers to save monthly for a duration they choose, and receive an income at the end of it …
British hedge fund boss loses appeal in Dubai court against extradition to Denmark where he is accused of £1.4billion tax fraud
A British hedge fund boss has lost his appeal in a Dubai court after it was ruled that he would be extradited to Denmark, where he is accused of orchestrating a £1.4billion tax fraud.
Delta Institute Aims to Provide World-Class Financial Trading Education with Personalized Program
Delta International, a premier forex education provider, is empowering traders and investors to make informed decisions in the foreign exchange market. With over 10 years of experience in forex …
The UAE raises tax threshold for startups
The UAE’s Ministry of Finance has raised the minimum threshold for corporate tax from $100,000 (AED375,000) to $816,000 …
UAE participates in the WB-IMF Spring Meetings
Mohamed Bin Hadi Al Hussaini stated that the ministry is keen on attending and participating in such international events, engaging in the international decision-making process and unifying efforts to …
UAE participates in World Bank-IMF Spring Meetings
Spring Meetings will discuss various topics like global macroeconomic challenges, the latest developments in digitisation and financial services technology …