Tag: finance

The United Arab Emirates fuel station market is expected to register a CAGR of 2. 3% during the forecast period of 2022-2027. The production of refined products is expected to reach 1,165. 2 thousand …
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Dubai-headquartered asset management and investment banking platform Shuaa Capital has acquired a majority stake in UAE-based fintech Souqalmal for an undisclosed sum. The deal will provide the …
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Payments technology company Visa and children’s money management application Cashee are launching educational workshops in UAE schools to coincide with Global Money Week that runs from March 21 to 27.
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Finastra today announced its collaboration with Union of Arab Banks to help banks across the Arab League member states offer enhanced digital services to their customers. The partnership combines …
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Gold prices fell 3.5 per cent last week; analysts see it steadying in the days ahead. Dubai: Gold prices rose on Monday after last recording their worst week since late November, as safe-haven demand …
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Until recently, it was one of the Gulf region’s paradoxes that domestic equity investors had little access to its colossal oil and gas resources. At the same time, a decade of dismal underperformance …
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Including China, 113 jurisdictions have signed the IGA to comply with Fatca, and the UAE is one of them. Fatca in UAE The UAE signed IGA with the US government (US-UAE IGA) on June 17, 2015. Being a …
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Are The Things Uae Ch Is Uae Rich In? There was a $421 billion GDP for the UAE in 2019. represents an opportunity to appreciate the significant natural resources situated in the U …
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AXL Gears Up to Host its First IDO for Gravis Finance Gravis Finance partners up with AXL INU to complete its first Initial DEX Offering using AXL Launchpa …
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Fully digital platform to support investor participation ahead of upcoming listings on DFM Individual investors to benefit from seamless, paperless journey from subscription to payment Real-time …
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Emirates NBD announces the launch of a new IPO platform to support investors How Dubai’s largest bank plans to add momentum to emirate’s IPO push DFM, Dubai banking, Dubai Financial Market, Dubai …
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Question: I work in a Dubai-based firm and my job doesn’t look too steady at the moment. I have availed of two loans: One is a personal one, and the other is car finance. I have about four years to go …
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Dubai: Rapid recovery of the UAE economy supported by increased consumer spending is expected to drive loan growth and profitability of banks this year, RAK Bank CEO Raheel Ahmed told Gulf News in an …
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Taxes on private individuals from the UAE are imposed at 5% (for expats) and at 12.5% by employers (for nationals from the UK). Furthermore, employees employed by business or branches located within a …
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The Global Finance magazine’s Best Banks awards recognize companies which are “safer than the competition.” For the second con …
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The UAE does not require income tax returns as there are no specific individual taxes that apply. The UAE’s Ministry of Finance is working on a plan to introduce a federal corporate tax from June 2023 …
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Higher rate hikes are challenged by rising input costs and legacy debt Dubai: A gradual but steady rise in interest rates in the UAE will come as an additional burden on the small and medium …
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