DUBAI: Dubai real estate market recorded 440 sales transactions worth AED1.1 billion, in addition to 93 mortgage deals of AED153.86 million, and 12 gift deals amounting to AED25.55 million on …
Ramadan and Eid Al Fitr in UAE: How residents can cut unnecessary expenses this holy month
During the holy month of Ramadan and Eid, the amount UAE residents spend on groceries and other items increases substantially, driven by impulsive buying, which pushes their budgets much higher.
Marex IPO prospects boosted by strong results, ED&F Man takeover – CEO
Record 2022 results and a successful takeover have boosted the potential for a listing of Marex when markets recover, the CEO of the commodities broker said on Thursday.
Dubai: Sheikh Hamdan Approves Endowments Strategy During Executive Council Meeting
Sheikh Hamdan said: “Dubai and the UAE remain at the forefront of sustainable endowments, reinforcing their contribution to humanitarian aid worldwide. The country’s commitment to endowments showcases …
US sanctions Turkey, UAE-based entities it accuses of aiding Russian war effort
A US official told Reuters the sanctions targeted entities in Turkey’s maritime and trade sectors that were “primarily” Russia-owned or Russia-linked, and that they are meant “as a warning shot in the …
Dubai records over AED1.2 bn in realty transactions Wednesday
Dubai real estate market recorded 440 sales transactions worth AED1.1 billion, in addition to 93 mortgage deals of AED153.86 million, and 12 gift deals amounting to AED25.55 million on Wednesday, data …
UAE’s GDP doubled, foreign trade jumped 5 times in 17 years: Sheikh Mohammed
Economic expansion in the country swiftly picked up after His Highness took over, with digital development and adoption simultaneously accelerating in the nation …
UAE visa reforms: How it has become easier for people to visit and live in the country
Multi-entry visa does not require a sponsor but the applicant should prove a bank balance of US$4,000 six months prior to applying. The UAE issues two types of transit visa: one for 48 hours which is …
Dubai man buys most expensive ‘P7’ number plate for over Rs 122 crore
director of the Finance and Services Sector at Abu Dhabi Police, was quoted as saying by Gulf News, “The impressive outcome of the Most Noble Numbers charity auction reflects the values of giving and …
UAE Central Bank’s Foreign Assets Exceed $136b
The total foreign assets of the UAE Central Bank exceeded $136.1 billion at the end of January for the first time in its history. The data showed that the Central Bank’s foreign assets increased …
D1 Hedge Fund Marks Down Privates, Gains 1.9% in First Quarter
D1 Capital Partners marked down its private investments by 2.5% in the first quarter, leaving the hedge fund up 1.9% this year.
Taqa establishes new green finance framework
Abu Dhabi National Energy Company (Taqa) announced on Wednesday that it has launched a new green finance framework for the issuance of green bonds, sukuks,..
IMF deal: UAE likely to commit financial support to Pakistan this week
ISLAMABAD: The United Arab Emirates is likely to commit $1 billion this week in financing to help Pakistan meet one of the final conditions for an International Monetary Fund deal that …
UAE confirms $1 billion financing to Pakistan this week
Good news for cash-strapped Pakistan, as the United Arab Emirates (UAE) is likely to give written assurance to Islamabad for external financing of $1 billion this week.
UAE pension authority reveals strategies for securing an easy retirement
The advice was shared today by the General Pension and Social Security Authority (GPSSA) as part of the ‘Get Ready – Proactive Financial Planning’ campaign, which offers members of the public guidance …
UAE’s e& approves cash dividends for H2 2022 at Dhs0.4 per share
According to the group, the total annual dividend per share stands at Dhs0.8 Telecom giant e& announced its shareholders had approved the Board of Directors’ recommendation to distribute cash …
UAE tax exemption list: Here’s what you need to know
The Ministry of Finance has listed those who are exempt from registering for corporate tax. UAE tax exemption list: Here’s what you need to know. Corporate tax, Federal Tax Authority, Middle East tax, …