Monday’s deals included 638 sales transactions worth AED 1.79 billion, 116 mortgage deals of AED188.46 million, and 17 gift deals amounting to AED 29.45 million, according to data by Dubai’s Land …
Adnoc L&S: Abu Dhabi-based company aims to raise $607 million in IPO, sets price range of Dh1.99-Dh2.01
A dnoc Logistics and Services expects to raise up to $607 million (Dh2.23 billion) by selling 1.1 billion shares, representing 15 per cent stake in the firm, in an initial public offering and to list …
ADNOC L&S sets IPO price range, seeks to raise $607m
ADNOC is offering 1.11 billion shares, equivalent to 15 per cent of the total issued share capital of ADNOC L&S …
Minister rings market-opening bell to celebrate listing the Islamic Treasury Sukuk on Nasdaq Dubai
The UAE, represented by the Ministry of Finance (MoF) as the issuer and in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, has announced launching …
UAE corporate tax: Public joint stock companies, and private firms can register from May 15
UAE Corporate Tax: Ministry of Finance issues ‘explanatory guide’ on what businesses can expect UAE Corporate Tax: This time, mid-sized companies get a break with ‘transfer pricing’ updates UAE …
MoF marks the listing of Islamic Treasury Sukuk on Nasdaq Dubai
Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, rang the market-opening bell to celebrate and mark listing the domestic Dirhams Islamic Treasury Sukuk (T-Sukuk) on Nasdaq Dubai.
Dubai resident who quit banking career for climbing scales Mount Everest
A Dubai resident has reached the summit of Mount Everest, little more than a year after quitting her day job as a banker to concentrate on climbing. Naila Kiani, 37, scaled the world’s highest …
Major Changes in Dubai’s $84B Economy to Impact Global Investors in 2023
UAE signed over 66 international double tax avoidance agreements with first world countries and most members of the EU …
COAS Asim Munir, UAE president discuss bilateral cooperation over phone call
General Asim Munir and UAE President Sheikh Mohamed bin Zayed Al Nahyan on Sunday discussed the enhancement of cooperation and joint work between the two countries in areas of defence and military …
Mohamed Al Hussaini rings market-opening bell to celebrate listing Islamic Treasury Sukuk on Nasdaq Dubai
Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, rang the market-opening bell to celebrate and mark listing the domestic Dirhams Islamic Treasury Sukuk (T-Sukuk) on Nasdaq Dubai.
Saudi Arabia’s Morabaha Financing set to raise $83.4m in IPO
Morabaha plans to use the net proceeds from the share sale to strengthen its capital base to support future growth …
UAE reiterates commitment to creating sustainable means to promote GCC’s economic integration & boosting investment exchanges
H.E. Al Zeyoudi emphasized that the UAE is committed to promoting cooperation among GCC states, in implementation of its wise leadership’s directives to create sustainable means to promote the bloc’s …
At a meeting with GCC Secretary General, Al Hussaini affirms UAE’s keenness to complete the establishment of the GCC Customs Union
along with representatives from the Ministry of Finance and the Secretariat General of the Gulf Cooperation Council. Al Hussaini reaffirmed the UAE’s commitment to continue supporting joint Gulf …
Mohamed Bin Hadi Al Hussaini rings market-opening bell to celebrate listing the Islamic Treasury Sukuk on Nasdaq Dubai
The issuance of Dirham-denominated Islamic Treasury Sukuk contributes to expanding the scope of Islamic banking and is one of the most important tools for managing monetary policy and liquidity to fin …
UAE tax update: Registration starts on 15 May
The Federal Tax Authority has launched the registration process for Corporate UAE Tax through the EmaraTax digital tax services platform. UAE tax update: Registration starts on 15 May. Corporate tax, …
Amlak Finance’s profits up 8% in Q1-23; accumulated losses hit $217.71mln
Dubai – Amlak Finance registered net profits worth AED 14.12 million in the first quarter (Q1) of 2023, an annual rise of 8% from AED 13.08 million. The total income grew by 11% year-on-year (YoY) to …
Amlak finance announces first quarter 2023 financial results
Amlak Finance PJSC today announced its quarterly financial results for the period ended March 31, 2023. The company focused on prudently managing its UA …