Lured by a favourable regulatory landscape, an increasing number of Indian crypto companies are relocating to Dubai in an attempt to evade the high tax regime in their home country.
UAE economy expected to grow by 3.8% in 2025: World Bank
According to the Global Economic Prospects report released today, the World Bank forecast the growth in the Gulf Cooperation Council (GCC) countries to rise to 3.6 percent in 2024 and 3.8 percent in …
Pakistan ‘hopeful’ of $2bn UAE deposit rollover
Pakistan is hopeful of getting $2 billion deposits rolled over by the United Arab Emirates (UAE), sources told the media on Monday, as the authorities strive to keep the country’s financial affairs …
Saudi Arabia and UAE to lead GCC GDP growth in 2024: World Bank
Saudi Arabia and the UAE will lead GDP growth in the Gulf this year, according to World Bank forecasts. UAE GDP will grow 3.7 per cent this year before accelerating 3.8 per cent next year, according …
Phoenix Group Doubles Down on Mining Dominance with USD 187 Million Bitmain Deal, Following Historic Partnerships and IPO Success
ABU DHABI, UAE, Jan. 09, 2024 (GLOBE NEWSWIRE … and the company’s monumental IPO on the Abu Dhabi Securities Exchange (ADX) in the same month. These combined moves solidify Phoenix Group’s position …
Pakistan ‘upbeat’ on extension of $2bn UAE deposit
“Hopefully, the UAE will soon roll over the $2 billion deposits. The Prime Minister’s Office and the Ministry of Finance are working on the issue,” the sources added. The foreign exchange reserves …
Binghatti expands its land bank in Business Bay
Leading UAE property development brand Binghatti Properties has grown its land bank in Business Bay with the purchase of a new plot exceeding a transaction value of Dh365 million.Strategically located …
RERA signs a memorandum of understanding with “Zand Digital Bank” to appoint it as the trustee of the Real Estate Development Escrow Account
Committed to solidifying Dubai’s reputation as a leading real estate investment destination, enhancing the sector’s readiness and sustainability in various aspects …
DIFC’s preferred position for hedge fund ecosystem develops through exclusive HFM partnership
DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region’s largest financial ecosystem of over …
UAE’s fintech Maalexi raises $3mln to fund expansion
UAE-based fintech Maalexi, which caters to small agri-businesses, has raised $3 million in a pre-Series A funding round led by venture capital firm Global Ventures.
UAE crackdown extends to fresh flag state popular with shadow fleet owners
The Cameroon registry has grown sharply since the start of Russia’s invasion of Ukraine. It grew by 1m gt in 2022, an increase of 41.5%, despite being the worst-performing flag state assessed by the …
Binghatti grows its land bank in Business Bay with AED 365mln plot acquisition
Binghatti’s expansion of its project development across Dubai has contributed to the company’s stock value, which has recently been captured at a value of over AED 20 Billion.
My Dubai Salary: ‘I earn up to Dh50,000 a month as a financial adviser’
Shalu Sharma currently works as an associate vice president at financial services company Continental Group. She is a financial adviser and helps people and corporate clients with financial planning.
UAE – Explaining The Landmark Developments Of The COP28.
UAE – Explaining The Landmark Developments Of The COP28. Legal News and Analysis – UAE – Energy & Project Finance – …
UAE: Gold prices jumps after hitting 3-week low
Expert says generally weaker risk tone in the markets should act as a supportive force for the rise of precious metals considered a haven …
Dubai real estate market review: Occupancy increase, stock decrease, top performing areas
The long-term rental market in Dubai witnessed a dramatic increase in yields throughout 2023, positioning the city well ahead of its global counterparts …
UAE savings guide: How to save more of your salary with the 50/30/20 rule
Since UAE workers have the advantage of working on a tax-free salary, implementing this rule would should lead to higher savings over time …