The UAE is advancing cooperation with Israel in the finance, energy, security, technology, and water security sectors.
Saudi Arabian auto rental firm Lumi hires banks for planned IPO – sources
Saudi Arabian auto rental firm Lumi has hired Saudi Fransi Capital and EFG Hermes to arrange the sale of 30% of its shares in a planned initial public offering (IPO), two sources told Reuters.
Dubai’s Amanat Holdings launches healthcare division
Amanat Healthcare is to have an expected capacity of over 1,000 operational beds Dubai’s Amanat Holdings launches healthcare division Amanat Healthcare, Amanat Holdings, Bahrain, Dubai, Healthcare, pr …
Exclusive: Russia shifts to Dubai benchmark in Indian oil deal – sources
NEW DELHI, April 3 (Reuters) – Russia’s largest oil producer Rosneft (ROSN.MM) and India’s top refiner Indian Oil Corp (IOC.NS) agreed to use the Asia-focused Dubai oil price benchmark in their latest …
What the UAE’s corporate tax means for SMEs
Many owners of small and medium enterprises (SMEs) often have multiple revenue streams with different legal structures. These entrepreneurs may understand their investments well. However, the …
DFM, Dubai Chamber Of Commerce Launch Comprehensive Programme To Fast-Track Businesses’ Journey To IPO
The Dubai Financial Market (DFM) and Dubai Chamber of Commerce, in partnership with 20 regional and global advi …
Improved Investor Sentiments Continue To Drive UAE Financial Markets
ABU DHABI, 30th March, 2023 (WAM) — Improved investor appetite continued Thursday to drive UAE financial markets. In the UAE capital, Index F …
UAE and Canada eye $3tn wealth fund opportunities
UAE and Canada announce Sovereign Wealth Fund Council UAE and Canada eye $3tn wealth fund opportunities sovereign wealth fund, sovereign wealth funds, UAE Sovereign wealth …
What sustainable finance and carbon markets mean for the GCC
These commitments follow in the steps of the UAE’s sustainable finance framework released in 2021, which reaffirmed the nation’s commitment to the growth of sustainable financing and investment in the …
HSBC named UAE’s Best International Private Bank at Euromoney Awards
Dubai: HSBC has been named the UAE’s Best International Private Bank at the Euromoney Global Private Banking Awards 2023, the premier accolade for private bankers and wealth managers, recognised by …
UAE: Do I cancel family visas, close bank, Dewa accounts before retiring and returning to home country?
This is under Article 16(5) of the Employment Law, which states, “The employees shall not keep in his personal capacity any hard or soft papers or documents in relation to the business secrets without …
How a Dubai family plans to distribute half a million iftar meals this Ramadan
Besides the main meal, 16,000 water bottles, laban, 4,000 kg of fruits, and 200 kg of dates are also distributed daily …
UAE Banks Federation Ceos Consultative Council Holds Its First Meeting In 2023 – Mid-East.Info
The CEOs Consultative Council of UAE Banks Federation, the representative and unified voice of banks in the UAE, held its first meeting of the current year on 21 March 2023 under the chairmanship of H …
UAE participates in the second international financial architecture working group meeting within the G20 finance track for 2023
G20 members, invited countries, and international organisations attended the meeting. The UAE delegation included Ahmad bin Sulaiman, Director of the Federal Debt Management Office at the Ministry of …
Dubai logs realty transactions worth $599mln on Friday
The sales included 359 villas and apartments worth $294mln, and 27 land plots worth $35.46mln DUBAI – Dubai’s real estate market recorded 386 sales transactions worth AED1.21 billion, in addition to …
YOUAE Mortgages Helps Non-Residents Secure Mortgages for Properties in Dubai and Abu Dhabi
YOUAE Mortgages is simplifying the mortgage journey for non-residents seeking to invest in Dubai and Abu Dhabi real estate, providing a personalized approach and a wide range of mortgage products from …
ASEAN finance leaders to work closer to withstand global crises
DUBAI (Reuters) -The United Arab Emirates’ central bank on Friday said it will cancel the licence it granted last year to Russia’s MTS bank, which was placed… MOSCOW (Reuters) -Russia and Toyota …