DUBAI – Dubai real estate market recorded 598 sales transactions worth AED1.55 billion, in addition to 68 mortgage deals of AED1.48 billion on Thursday, data released by Dubai’s Land Department (DLD) …
UAE’s decision on ‘tax residency’ comes into effect today
The UAE’s Ministry of Finance on Wednesday issued a decision on determining tax residency for people living in the Emirates. For consideration on tax purpo..
UAE announces new tax rules
Tax laws for UAE residents have been clarified under the new guidelines UAE announces new tax rules Corporate tax, Corporate tax UAE, corporate taxes, Federal Tax Authority, Taxation, uae tax, UAE tax …
Emirates NBD, Emirates Islamic ring Nasdaq Dubai’s market-opening bell
These first of their kind dirham-denominated issuances by a financial institution reflect continued momentum in developing the local currency fixed income market spearheaded by the UAE’s Ministry of …
Emirates Development Bank’s financing sees YoY rise of 673% in 202; here’s how much it loaned
Emirates Development Bank disbursed a total of Dhs1.8bn in loans to SMEs for 2022, representing a 387 per cent increase over 2021 …
Dubai’s Luxury Property Market Is Closing In on New York, London
Dubai is the world’s busiest luxury property market behind New York, Los Angeles and London after a deluge of wealthy investors flocked to the city when it emerged as a safe haven amid geopolitical …
UAE’s green, sustainable finance enjoy two years of rapid growth
UAE registered a 32 per cent year-on-year growth in green and sustainable finance issuance in 2022, as ESG reporting has increased.
UAE, No Longer A Gangsters Paradises, For Crime Lords The Days Of Hiding Out In Dubai Are Now Behind Them
Good Times are Over In Dubai for the Bad Guys A New Legal Identity with Amicus International The luxurious Dubai.,Gulf city of UA …
ICBC Lists $2.2B Green Bonds On Nasdaq Dubai
The Industrial and Commercial Bank of China Limited (ICBC), the world’s largest bank by assets, celebrated the listing of four green bonds worth a t …
Maktoum Bin Mohammed Honours Winners Of Minister Of Finance Award For Institutional Excellence 2022
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and Deputy Prime Minister and Minister of Finance, honoured today the winners of the Minister of Finance Award for …
UAE economy to grow 4.1% this year: World Bank
UAE economy to thrive in 2023 despite global headwinds UAE economy to grow 4.1% this year: World Bank UAE, UAE economy, World Bank Banking & Finance …
Dubai: Man Lured Into Fake Massage Centre, Robbed Of Dh50,000 By Gang Of Four
One of the gang members was arrested and referred to the Public Prosecution, and from there to the Criminal Court in Dubai, which sentenced him to three years imprisonment and others in absentia. The …
World Bank Expects UAE Economy To Continue To Grow Despite Global Headwinds
The Regional Director of the Gulf Cooperation Council at the World Bank, Issam Abu Suleiman, has confirmed WB’s forecast for the UAE economy to grow by 4.1%, indicating that the expected growth rate …
Global Surfaces’ IPO to open on March 13
The Initial Public Offering (IPO) will conclude on March 15 while the bidding for anchor investors will open on March 10, the Red Herring Prospectus (RHP) filed with Sebi showed on Tuesday. The IPO …
Zero tolerance for financial irregularities in the UAE
The UAE has strict protocols that need compliance and adherence to, so that its integrity in the financial sector is not questioned; it’s something that is taken …
Nasdaq Dubai: Chinese bank launches $2.2bn of green bonds
World’s largest bank lists giant green bonds on Dubai stock exchange Nasdaq Dubai: Chinese bank launches $2.2bn of green bonds Banking & Finance …
ADNOC Gas raises IPO size to $2.5bn on heavy demand
ADNOC said it has increased the number of ordinary shares offered in the IPO of its gas unit to 3.8 billion, approx …