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Tag: finance

Posted on 28/03/2022

UAE’s investment outlook is positive despite global challenges, senior official says

The UAE’s investment outlook looks positive as its policies to tackle the pandemic have infused confidence among investors, said Helal Al Marri, director general of Dubai’s Department of Economy and …
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Posted on 28/03/2022

Environmental and societal challenges: An opportunity for the finance sector to step up

Nature-based solutions (NbS) are fundamental to achieving so many of the environmental and societal challenges we face Environmental and societal challenges: An opportunity for the finance sector to s …
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Posted on 28/03/2022

OPEC+ Must Stay Out of Politics, UAE Says Ahead of Key Meeting

OPEC+ must stay out of politics, the United Arab Emirates said just days before producers — including Russia — meet to discuss oil output.Most Read from BloombergLow-Priced Omega Speedmaster Prompts …
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Posted on 28/03/2022

UAE Energy Ministry: People want more oil production but few want to finance the industry

UAE Energy Minister Suhail Mohamed Al Mazrouei said on Monday, “people want more oil production but few want to finance the industry.” “We are currently in a situation that was warned about years ago, …
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Posted on 28/03/2022

WGS 2022: Today’s oil price volatility springs from under-investments in energy, says UAE Industry Minister

UAE is investing and raising capacity to 5m barrels a day Dubai: More than geopolitical shocks, the current volatility in oil prices is caused by long-term under-investment in the energy sector, …
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Posted on 28/03/2022

UAE President pardons 540 prisoners ahead of Ramadan

Motivate Publishing UAE flag . President of the UAE Sheikh Khalifa bin Zayed Al Nahyan has ordered the release of 540 prisoners ahead of the holy month of Ramadan. The prisoner …
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Posted on 28/03/2022

Mashreq Bank launches Neopay to consolidate and grow

The wholly owned subsidiary, IDFAA Payment Services LLC or Neopay, will provide Issuer Processing and Acquiring Processing services to financial institutions and fintechs …
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Posted on 28/03/2022

World leaders, policymakers, experts convene in Dubai to address most urgent global challenges at WGS2022

Government officials and experts from around the globe are convening in Dubai this week at the World Governmen …
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Posted on 28/03/2022

Ministry of Finance organises specialised sessions within the World Government Summit 2022

The ministry is always keen to participate in WGS sessions and contribute to supporting government visions and directions aimed at bolstering government work in the UAE” Dubai: The Ministry of Finance …
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Posted on 28/03/2022

Dubai: Sheikh Mohammed meets with Prime Minister of the Iraqi Kurdistan Regional Government

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met with Masrour Barzani, Prime Minister of the Iraqi Kurdistan Regional Government …
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Posted on 28/03/2022

3 Things You Need to Know When Financing a Property in Dubai

A few years ago, many expats and foreigners hesitated about buying property in the Middle East. Now, Middle Eastern destinations, particularly Dubai, have become ideal choices when it comes to buying …
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Posted on 27/03/2022

UAE reaffirms investment in new Indonesia capital

The UAE on March 24 reaffirmed that it would invest in Indonesia’s new capital city project through an existing $10 billion funding commitment to the Indonesia Investment Authority (INA).
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Posted on 27/03/2022

Application of Fatca on financial institutions in the UAE

Usually, depository institutions like banks, custodial institutions like mutual funds, investment entities like hedge funds or private equity funds, and certain …
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Posted on 27/03/2022

Lebanon political stalemate, accounting rules distort Bank of Sharjah financials

UAE operations remain profitable, resolution to Lebanon woes likely in medium term Dubai: Bank of Sharjah has reported preliminary profits in its UAE operations, but remains in consolidated net loss …
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Posted on 27/03/2022

How Dubai became the last safe haven for rich Russians

Russian money has increasingly washed up in Dubai and the country’s neutral stance on the war has attracted rich couples …
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Posted on 27/03/2022

Is Salary In Uae Tax Free?

Is There Any Tax On Salary In Dubai? Individuals in the UAE are not subject to income tax. Besides the oil industry and foreign banks, the tax on them is imposed. These taxes come …
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Posted on 27/03/2022

How Will Vat Affect Uae Economy?

What Effect Can A Vat Have On Government Spending? Does a VAT affect VAT have on government spending? ? Government spending is likely (less, led to less, led to more s and lead to …
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