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Tag: finance

Posted on 28/05/2023

UAE: Housing loans worth Dh1.6 billion to benefit 2,000 Emiratis

A housing programme that bears the name of the late Sheikh Zayed bin Sultan Al Nahyan is continuing to home thousands of Emiratis decades after it was set up. The UAE Vice-President on Sunday …

Posted on 28/05/2023

EDB signs MoU with Paraguay’s Development Finance Agency to boost collaboration

EDB and AFD will harness their respective resource advantages and professional expertise, to build a long-term, effective, and mutually beneficial relationship in the areas of employee skill training, …

Posted on 28/05/2023

Emirates Development Bank signs MoU with Paraguay’s Development Finance Agency to boost collaboration

To build a long-term, effective, and mutually beneficial relationship in the areas of employee skill training, agritech and food security financing solutions …

Posted on 28/05/2023

BisB wins ‘Best Digital Banking Initiative’ award

Bahrain Islamic Bank (BisB), a leading provider of digital banking services in Bahrain, has won the ‘Best Digital Banking Initiative’ at the Mena Banking Excellence Awards ceremony 2023. Yaser …

Posted on 28/05/2023

UAE: EDB signs MoU with Paraguay’s Development Finance Agency

EDB and AFD will harness their respective resource advantages and professional expertise, to build a long-term, effective, and mutually beneficial relationship …

Posted on 27/05/2023

ADNOC L&S draws highest IPO subscription in 2023, at $125 bln

According to ADNOC, the top price was driven by significant demand from both local and international investors.. ADNOC L&S draws highest IPO subscription in 2023, at $125 bln. abu dhabi, Adnoc, ADNOC …

Posted on 27/05/2023

Hedge fund trader Sanjay Shah ordered to pay 4.6 billion dirhams to Denmark – Check what the Dubai court said in its ruling

Indian origin hedge fund trader Sanjay Shah has lost his final appeal in Dubai and was ordered to pay Denmark’s tax authority 4.6 billion dirhams for tax fraud and money laundering. In addition, he …

Posted on 27/05/2023

MEBIS 2023 – Where The Banking Elite Convened To Deliberate On The Challenges And Opportunities Of The Digital Age – ZEX PR WIRE

Melbourne, Australia, 26th May 2023, zex pr wire , Featuring 70+ speakers to share their knowledge and expertise on the changing face of the banking sector though innovation and technology …

Posted on 26/05/2023

UAE companies can adjust tax treatment of some assets before corporate tax enforcement

The Ministry of Finance announced additional flexibility for the property … value at the start of the first tax period,” it added. In January last year, the UAE introduced the federal corporate tax …

Posted on 26/05/2023

Ministry of Finance helps businesses adjust opening balance sheets before and after Corporate Tax comes into force

The decision applies to certain assets and liabilities, such as immovable property, intangible assets, financial assets, and financial liabilities, held by businesses before the Corporate Tax Law …

Posted on 26/05/2023

UAE announces new corporate tax rules to support companies’ transition once law takes effect in June

The UAE’s Ministry of Finance (MoF) on Friday announced a new decision specifying corporate tax rules that aim to ease companies’ transition period In an advisory, the authority said these …

Posted on 26/05/2023

UAE Ministry of Finance issues decision on transitional rules for corporate tax

The aim is to ease the process of determining the opening balance sheet, ensuring a fair and transparent approach …

Posted on 26/05/2023

ADNOC L&S draws record-breaking IPO subscription of $125 billion

ADNOC Logistics and Shipping Services’ initial public offering (IPO) of received unprecedented attraction from investors across the world, making it the most sought-after issue of the year.. ADNOC L&S …

Posted on 26/05/2023

UPDATE 1-ADNOC Logistics & Services IPO shares priced at top of range -statement

DUBAI, May 25 (Reuters) – Shares in ADNOC Logistics & Services … Petroleum Services Co. and Abu Dhabi Petroleum Ports Operating Co. This is ADNOC’s second IPO this year after raising $2.5 billion …

Posted on 26/05/2023

Adnoc L&S IPO: Company set to raise $769m from oversubscribed offering

Adnoc Logistics & Services, an Adnoc subsidiary, is set to raise about $769 million from the sale of a 19 per cent stake in an Abu Dhabi Securities Exchange listing that has been heavily …

Posted on 25/05/2023

Uneza Lakhani Dubai UAE: Redefining Excellence in Corporate Finance

Uneza Lakhani Dubai UAE is an esteemed financial expert who has made an indelible mark on the Dubai shipping industry for over two decades. Her exceptional contributions have garnered international …

Posted on 25/05/2023

ADNOC sees $125bn demand for $769m IPO

ADNOC unit 163-times oversubscribed for IPO ADNOC sees $125bn demand for $769m IPO ADNOC, ADNOC IPO, ADNOC Logistics & Services, ADX IPO …

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