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Tag: finance

Posted on 08/03/2023

UAE: Resident loses Dh930,000 case she filed against company after getting fired

The woman took her former employer to court after noticing that her colleagues are getting a higher salary even though they were doing the same job …

Posted on 08/03/2023

New UAE tax: How to apply for residency certificate, cost, all you need to know

The move is part of UAE to provide additional clarity to individuals regarding when they are considered tax residents under UAE taxation laws New UAE tax: How to apply for residency certificate, cost, …

Posted on 08/03/2023

The UAE’s Increase Of Paid Maternity Leave Is A Step In The Right Direction, But More Needs To Be Done

Women should not have to make the choice between being a mother and having a career. We should have an environment where it is encouraged to do both.

Posted on 08/03/2023

UAE tax residency certificates: Step-by-step guide, cost to get them

Individuals who spend 183 or more days in the UAE during a year are considered tax residents. They can obtain Tax Residency Certificates (TRCs) and benefit..

Posted on 08/03/2023

FM Nirmala Sitharaman meets UAE Ambassador Abdulnasser Jamal Alshaali, discusses bilateral ties

Union Finance Minister Nirmala Sitharaman on Monday held a meeting with United Arab Emirates ambassador to India Abdulnasser Jamal Alshaali Deputy Chief of UAE …

Posted on 07/03/2023

For Indians in Dubai: What is UAE’s ‘Credit Passport’ and how will it help expats?

Credit Passport is currently available for AECB customers to support credit applications with financial history in India, the Philippines, and the United Kingdom, with additional countries to follow …

Posted on 07/03/2023

UAE participates in second G20 Global Partnership for Financial Inclusion meeting for 2023

The United Arab Emirates has participated in the second Global Partnership for Financial Inclusion (GPFI) meeting under the Finance Track of the G20 for 2023. The meeting was held on 6th-7th March in …

Posted on 07/03/2023

UAE: Expats to receive ‘credit passports’ as part of new collaboration

The move enables expats from India, Philippines, UK to bring their credit history upon arrival to the Emirates …

Posted on 07/03/2023

Islamic Development Bank set to raise $2bn with sukuk

DUBAI: The Islamic Development Bank is set to raise $2 billion from a sale of Islamic bonds, or sukuk, maturing …

Posted on 07/03/2023

Most Gulf markets rise as oil firms; Dubai falls

Most Gulf stock markets rose in early trade on Tuesday, as oil prices inched higher, with the Saudi index extending gains for a fifth consecutive session, while bluechip stocks dragged the Dubai …

Posted on 07/03/2023

Finastra Opens New Office in Dubai International Financial Centre

Finastra, a global provider of financial software applications and marketplaces, has opened a new office in the Dubai International Finance Centre (DIFC). Finastra has been operating in Dubai for over …

Posted on 07/03/2023

Tax residency rules in UAE: All your questions answered

A UAE ministerial decision issued on the determination of tax residency will ease the lives of expats living in the UAE and be in their best interest – according to experts in the country. Earlier …

Posted on 07/03/2023

UAE and Saudi Arabia to lead 2023 MENA IPO market: EFG Hermes

The IPO markets in MENA have seen strong momentum last year led by GCC countries, especially UAE and Saudi Arabia”. The comments came on the sidelines of the 17th EFG Hermes One-on-One Conference in …

Posted on 07/03/2023

5 banks to issue letters of credit for UAE fuel

Five local banks have been picked to issue letters of credit of up to Sh614.89 billion ($4.8 billion) for fuel that Kenya will import on credit from the United Arab Emirates over a nine-month …

Posted on 07/03/2023

Dubai Records Over AED4.1Bn In Realty Transactions Monday

Dubai real estate market recorded 614 sales transactions worth AED1.74 billion, in addition to 106 mortgage deal …

Posted on 07/03/2023

Big Oil must decarbonize quicker, says UAE energy exec running the next U.N. climate summit

Let me call on you today to decarbonize quicker, future-proof sooner and create the energy system of the future, today,” he said Monday in keynote remarks at CERAWeek, a major global energy conference …

Posted on 06/03/2023

UAE, Saudi Arabia to lead IPO Mena markets: EFG Hermes

The IPO markets in Mena have seen strong momentum last year led by GCC countries, especially UAE and Saudi Arabia, says Karim Awad, group chief executive officer of EFG Hermes Holding …

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