ABU DHABI, 20th January, 2023 (WAM) — The UAE recently participated in the eighth meeting of the Undersecretaries of Arab Ministries of Finan …
Adnoc Adds HSBC, ADCB and EFG on Mega IPO of Gas Unit
Adnoc is seeking to create worlds largest integrated refinery and petrochemical complex at Ruwais. Photographer: Bloomberg/Bloomberg Abu Dhabi National Oil Co. has added banks including HSBC Holdings …
UAE ministers and government officials review the country’s achievements and promising opportunities at Davos
The UAE delegation, chaired by His Excellency Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs has participated in a number of sessions, conferences and bilateral meetings at the annual …
UAE, India in talks to settle non-oil trade in rupee
In Davos, the Emirates has signed several partnership agreements with the World Economic Forum to enhance cooperation in strategic sectors and areas of global …
UAE visit visas: 6 recent changes you need to know
Since then, several developments have happened in the visit visa system of the country. In the latest move today, the fees for issuing Emirates ID, visit, and residency visas in the UAE have been …
UAE in discussion with India to trade non-oil commodities in rupees
Majority of Gulf trade is carried out in US dollars. However, several countries including India and China have been increasingly seeking to pay in local currencies as it lowers transaction costs apart …
Companies Will Require Expert Guidance To Comply With New UAE Corporate Tax Laws
Companies Will Require Expert Guidance to Comply with New UAE Corporate Tax Laws . As businesses await further clarifying Cabinet resolutions, PRO Partn …
Nigeria’s biggest lender eyes operations in UAE, China, India by 2027
Access Holdings, Nigeria’s biggest lender by assets, plans to expand operations to the UAE, China, India, Lebanon and Malta by 2027, Premium Times newspaper reported. In its five-year strategy plan, …
ADSW 2023 Highlights Role Of Private Sector To Sustain UAE’s $43Bn Investment In Clean Energy
ADSW 2023 Highlights Role of Private Sector to Sustain UAE’s $43bn Investment in Clean Energy . Sustainable financing solutions help in funding transfor …
First Abu Dhabi Bank values $7bln financing for sustainable projects in 2022
The value of the facilities provided by the bank for sustainable projects exceeded $35bln between 2017 and 2021, highlighting FAB’s target of providing $75bln in green financing for the period 2022-20 …
UAE calls for domestic workers to be paid online
UAE defines 19 categories of domestic worker, including maid, nanny, personal trainer and personal driver UAE calls for domestic workers to be paid online domestic workers, MOHRE Culture & Society …
First Abu Dhabi Bank finances $7bn of sustainable projects
First Abu Dhabi Bank facilitated more than AED25.7bn of sustainable projects last year, says its Chief Sustainability Officer Shargiil Bashir. Bashir said FAB has made significant progress by …
UAE defends crypto push at World Economic Forum amid FTX fallout
Emirati Minister Omar Sultan Al Olama discussed Samuel Bankman-Fried’s infamous trip to Dubai, cryptocurrency regulation, decentralized finance and more in Davos.
UAE: Employers encouraged to register domestic workers for WPS
In cooperation with the UAE Central Bank, the Ministry provides all employers with the option to pay the wages of their domestic workers electronically through banks, exchange houses or financial inst …
Dubai’s DFSA slams fines on firms for repeated money laundering breaches
The DFSA expects all authorized firms to submit AML returns within the set deadlines and will look to escalate fines against recalcitrant firms,” said Ian Johnston, CEO of DFSA. “The DFSA will …
UAE approves USD 2 billion funding to cash-strapped Pakistan
The financing plan included loans worth USD 2.9 billion from the World Bank.With the current foreign reserves standing at a mere USD 4.3 billion, Pakistan may not be able to reach June without support …
Power Letters 2023: Nasser Al Awadhi, chief executive officer, Abu Dhabi Islamic Bank
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