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Tag: finance

Posted on 14/06/2023

The GPSSA announces the launch of its new pension platform “MA’ASHI” to UAE-based entities

Abu Dhabi – As part of its digital transformation implementation plan, the General Pension and Social Security Authority (GPSSA) will soon launch a new pension platform known as “MA’ASHI” for …

Posted on 14/06/2023

UAE holds talks with Russia on double taxation avoidance deal

The UAE’s negotiations team was headed by Younis Al Khoori, undersecretary of the Ministry of Finance, along with representatives from the Abu Dhabi Investment Authority and Mubadala Investment …

Posted on 13/06/2023

UAE companies claim four spots among top ten listed firms in the Middle East

The other UAE companies in the top ten are First Abu Dhabi Bank, Emirates NBD and Taqa at eighth, ninth and tenth spots respectively.

Posted on 13/06/2023

Qatar, Dubai bourses rise on Fed rate pause optimism; Saudi retreats

Stock markets in Dubai and Qatar ended higher on Tuesday ahead of a widely expected interest rate pause by the U.S. Federal Reserve although other major markets were subdued amid volatile oil prices.

Posted on 13/06/2023

UAE firms outperform GCC peers with over 50% jump in Q1 profit

Net profits for Dubai-listed companies jumped 51.2 per cent to reach $4.8 billion in the first quarter of 2023 compared to $3.2 billion in the same 2022 period …

Posted on 13/06/2023

Top Areas for Real Estate Investment in Dubai: From Desert to Dreamland

Dubai, a city known for its innovation, grandeur, and economic prosperity, offers a plethora of investment opportunities in the real estate sector.

Posted on 13/06/2023

Ellington breaks ground on $194m JLT residential project

UAE-based boutique developer Ellington Properties has partnered with Dubai Multi Commodities Centre (DMCC) to break ground on its Upper House, a new multi-family residential project located within …

Posted on 13/06/2023

UAE gold forecasted to grow by 3.6% annually through 2030

The UAE’s precious metals market is expected to reach a value of AED 13.21 billion by the end of the decade …

Posted on 13/06/2023

UAE: Gold prices in Dubai gain Dh1 per gram in early trade

Gold prices rose in the UAE on Tuesday morning in line with the global rates as traders await key US inflation data and the Federal Reserve’s decision on i..

Posted on 13/06/2023

India, UAE to raise non-petroleum trade to $100 bn by 2030, agree to conduct trade in local currency

Goyal said that the RBI and UAE central bank are in active discussions for rupee-dirham trade and the Finance Ministry supports the move.

Posted on 13/06/2023

UAE Holds Second Round Of Negotiations With Russia On Agreement For Avoidance Of Double Taxation

The UAE, represented by the Ministry of Finance, held the second round of negotiations on the double taxation agr …

Posted on 12/06/2023

The UAE holds a second round of negotiations with Russia on avoidance of double taxation

He added: “The Ministry of Finance aims to expand its network of double taxation avoidance agreements pertaining to income, to promote the UAE’s competitiveness and grow its trade and investment …

Posted on 12/06/2023

Dubai logs over $952.9mln in realty transactions Monday

Dubai’s real estate market recorded 671 sales transactions worth AED2.29 billion on Monday, in addition to 149 mortgage deals totalling AED1.14 billion, and 29 gift deals amounting to AED98.65 million …

Posted on 12/06/2023

Dubai logs over AED3.5bn in realty transactions Monday

Dubai’s real estate market recorded 671 sales transactions worth AED2.29 billion on Monday, in addition to 149 mortgage deals totalling AED1.14 billion, and 29 gift deals amounting to AED98.65 million …

Posted on 12/06/2023

Dubai: real estate boom invigorates mortgage market

In light of the huge real estate expansion in Dubai, the mortgage finance sector has become a major mechanism in determining the necessary demand and liquidity in the market. Specialists estimated …

Posted on 12/06/2023

UAE vows to meet world’s ‘high expectations’ for Cop28 clean energy drive

The UAE recognises the “high expectations” for Cop28 in Dubai and will host the climate talks with a “great sense of urgency”, the summit’s chief executive said on Monday. Adnan Amin told diplomats …

Posted on 12/06/2023

UAE holds second round of talks with Russia for double tax avoidance

Ministry of Finance said it is keen to cooperate on areas of shared interest, and continue coordination and constructive dialogue with the Russian Federation …

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