The Dubai-based lender’s total net profit for the year ended December 31, 2023 reached AED 107.5 million ($29.3 million) versus a loss of AED 23.6 million in 2022, according to preliminary financial …
India’s oldest car rental firm KTC expanding to Dubai & Saudi this year; plans Rs 100-cr IPO
India’s oldest car rental firm established in 1943, is set to broaden its international presence. The company plans to est …
After Dubai
During the recent climate summit in Dubai, COP28 president Sultan Al-Jaber, with some exasperation, came out with the following rather amazing statement: “Please help me, show me the roadmap for a …
Pearl-clutching over the UAE bid to buy the Telegraph has a whiff of hypocrisy about it – and self-interest
Think the potential purchase is a threat to press freedom? You should see the alternative, writes former Telegraph columnist Peter Oborne …
UAE remittance fees to increase by 15%
Money exchange houses in the UAE will gradually increase charges in certain remittance corridors for the first time in five years after receiving approval from the UAE Central Bank to introduce an …
FinTech to Boost UAE’s GDP per Capita to $915.6 by 2030: UnaFinancial
Financial technology (fintech) is poised to become a significant contributor to the well-being of citizens in the GCC region by 2030, with analysts from UnaFinancial projecting substantial gains, as …
UAE remittance fees to ‘gradually’ increase by 15%
Money exchange houses in the UAE will gradually increase charges in certain remittance corridors for the first time in five years after receiving approval from the UAE Central Bank to introduce an …
Madbouly, World Bank President Discuss Cooperation In Dubai
Prime Minister Mostafa Madbouly met with Ajay Banga, President of the World Bank, and his delegation on the sidelines of the 2024 World G …
Al Mal Capital’s real estate fund to raise $200mln in IPO
According to Al Mal Capital, the issuance will deliver a maximum of 400 million new units to existing unitholders at a price of AED1.1 per share – increasing the share capital by 114% to AED750 …
WGS 2024: Dubai Ruler Sheikh Mohammed, World Bank President discuss global economic issues
The leaders explored strategies to enhance the global business environment by drawing upon the UAE’s experience in creating an attractive business climate for investors locally, regionally and interna …
Dubai’s Real Estate Partner Revealed, Realtor with Remarkable Expertise
Dubai/ 12 February 2024: HJ Real Estates emerges as the fastest-growing independent real estate channel partner in Dubai, UAE. It partners with over 24+ globally renowned real estate developers, …
My Dubai Salary: ‘I earn Dh80,000 a year from a side hustle’
Aladdin Abdulkareem, who is from Egypt, moved to the UAE in 2008 in search of a better salary, to gain experience and find more opportunities. Mr Abdulkareem, 42, studied civil engineering and now …
Modi In UAE: Why the India-UAE partnership is truly a ‘rab ne bana di jodi’
The leaders at the top are meeting frequently and share great chemistry. Trade and investments are booming. There is realisation on the UAE side that Indian labour helped build today’s UAE and that …
COP hosts UAE, Azerbaijan, Brazil announce climate ‘troika’ to limit global warming to 1.5ºC
Past and future UN climate talk hosts the United Arab Emirates, Azerbaijan and Brazil said Tuesday they are forming a “troika” to push for an international..
Al Mal Capital’s real estate fund to raise $200m in IPO
According to Al Mal Capital, the issuance will deliver a maximum of 400 million new units to existing unitholders at a price of AED1.1 per share – increasing the share capital by 114% to AED750 …
UAE Signs Agreements With Arab Countries On Double Taxation Avoidance
The UAE Ministry of Finance signed agreements related to the encouragement and protection of investments and double taxation avoidance, with Kuwait …
UAE signs agreements with Arab countries on encouragement and protection of investments, and double taxation avoidance
The UAE, represented by the UAE Ministry of Finance, signed agreements related to the encouragement and protection of investments and double taxation avoidance, with each of the State of Kuwait, the …