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Tag: finance

Posted on 06/04/2022

Dubai’s Mashreq and noon.com launch VIP savings account

The account provides customers competitive interest rates on their savings, cashback on all spends and a free noon VIP membership among other features …
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Posted on 06/04/2022

Trailblazing IPOs line up to take the home run in the UAE

The UAE is pursuing a Trojan Horse move to invest in the financial markets and announce a flurry of IPOs to establish itself as a leader among other Gulf countries Trailblazing IPOs line up to take …
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Posted on 06/04/2022

Want to Invest in Dubai Property? You Can Bank on Resourceful Data

A robust real estate sector is important for any country since it attracts new investments and plays a key role in shaping cities designed with forethought. In the absence of transparency, – Mediawire …
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Posted on 06/04/2022

UPDATE 1-Dubai’s DEWA to raise $6.1 billion at IPO pricing level -sources

Dubai Electricity and Water Authority (DEWA) is set to price its initial public offering at the top of its range, two sources told Reuters, which would raise $6.1 billion in the Gulf’s biggest IPO …
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Posted on 06/04/2022

UAE defers $2b debt payment on govt’s request

The United Arab Emirates deferred on Tuesday a $2billion debt payment that Pakistan was bound to repay in March, NNI reported. “The deferral of the debt will help reduce external financial pressure,” …
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Posted on 06/04/2022

UAE Ministry of Finance’s MBRIF to mentor new cohort of entrepreneurs in its Innovation Accelerator programme

The Innovation Accelerator programme offers guidance and coaching on implementing business strategies, routes to market, and access to funding, while offering networking opportunities with key …
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Posted on 06/04/2022

UAE’s economic growth on track for 4.2% GDP growth despite inflation rise: Central Bank

Total non-oil exports of the UAE increased year-on-year by 29 per cent in Q4-2021 and imports by 26.6 per cent. The central bank noted that key non-oil sectors of the economy such as travel …
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Posted on 05/04/2022

UAE requires $681bn investment for net-zero transition, says Standard Chartered

The UAE will require Dh2.5 trillion ($681 billion) in investment to finance its transition to a net-zero economy, a new report by Standard Chartered has revealed. Emerging markets overall need to …
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Posted on 05/04/2022

UAE’s investment banks back in action as IPOs and M&A deals await bumper year

The UAE’s investment banking scene is again becoming active with deal flows – and the prospect of fat bonuses making a return. High oil prices, a surge in IPOs, the steady rise in mergers and …
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Posted on 05/04/2022

FTFT Capital, FTFT, subsidiaries to participate in the upcoming Bitcoin 2022 Conference

FTFTX Application for aggregated trading information, FTFT Crypto hedge fund, FTFT Paraguay sustainable Bitcoin mining services, and FTFT Supercomputing Ohio mining farm exhibit at the most prominent …
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Posted on 05/04/2022

What Are The Main Source Of Finance In Uae?

What Are The Main Exports Of Uae? United Arab Emirates is the top destination for Crude Petroleum ($42 billion), Gold ($28 billion). $8B), Refined Petroleum, $21/$12. Diamonds ($7 …
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Posted on 05/04/2022

Does Uae Charge Vat Tax To Sales To Bahrain?

Is Vat Applicable For Export From Uae To Bahrain? They are among the six countries that have signed the VAT Agreement of the Gulf Cooperation Council (GCC). In January of next yea …
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Posted on 05/04/2022

Is It Necessary To Close Bank Account In Uae?

Even if you are not planning on returning to the UAE any time soon, it would be a good idea to close your account. The requirement that you visit the bank and request the closure of your account …
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Posted on 05/04/2022

How To Check Uae Central Bank Blacklist?

Providing economic growth for the UAE and its people relies on efficient, effective supervision that promotes financial and monetary stability while fostering resilience and efficiency within the …
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Posted on 05/04/2022

Do Other Countries Want To Invest In Uae?

Almost 70 percent of Dubai’s inward investment in 2016 came from these five countries alone. FDI from the UK, France, and the US flows into the countries ranked as follows; Saudi Arabia and India …
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Posted on 05/04/2022

In a positive development, UAE rolls over $2 billion debt for Pakistan

ISLAMABAD: In a positive development, United Arab Emirates government has decided to roll over $2 billion debt for Pakistan for one year time.
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Posted on 05/04/2022

How Are Cabinet Ministers Elected In Uae?

What Is The Cabinet In The Uae? In United Arab Emirates, the Cabinet is its chief executive body, known as the Council of Ministers. The UAE has 12 heads of government, divided in …
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