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Tag: finance

Posted on 01/06/2021

MoF organises a workshop on the Government of Dubai’s experience in applying accrual accounting in line with the IPSAS

The workshop, which was attended by members of the Departments of Finance in the UAE governments and officials from MoF …
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Posted on 01/06/2021

Israel, UAE sign tax agreement

Israel said Monday it has signed a joint taxation agreement with the United Arab Emirates (UAE) as part of efforts to boost their economic and commercial cooperation. “I have signed a tax agreement …
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Posted on 01/06/2021

UAE’s military presence in Yemen raises concerns

Latest reports about the construction of an Emirati airbase on Yemen’s Perim Island have raised concerns about the country’s sovereignty and security of international naval trade routes. Satellite …
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Posted on 01/06/2021

UAE’s liquid assets up to $132bln in first quarter of 2021: Central Bank

Liquid assets held by UAE-based banks increased 2.6 percent to AED486.58 billion in Q1’21 from AED474.136 bn in the last quarter of last year, according to the UAE Central Bank’s Core Financial …
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Posted on 01/06/2021

Liquid assets in UAE banks up to Dhs486.58bn in Q1 2021

Liquid assets held by UAE-based banks increased 2.6 per cent to Dhs486.58bn in Q1 2021 from Dhs474.136bn in the last quarter of last year, according to the UAE Central Bank’s Core Financial Soundness …
( read original story …)


Posted on 01/06/2021

Liquid assets in UAE banks increase to Dhs486.58bn in Q1 2021

Liquid assets held by UAE-based banks increased 2.6 per cent to Dhs486.58bn in Q1 2021 from Dhs474.136bn in the last quarter of last year, according to the UAE Central Bank’s Core Financial Soundness …
( read original story …)


Posted on 31/05/2021

Experts join Emirates Institute for Banking and Financial Studies’ webinar to assess regulatory impact on capital adequacy

The speakers examined the myriad steps taken by the financial sector to stem the flood of disruption unleashed by the pandemic, from a regulatory standpoint such as improving operational resilience, …
( read original story …)


Posted on 31/05/2021

Increased international investment in Dubai will come – but leading banking official urges patience

Speaking at the AB Forum event on Monday, Maurice Gravier, chief investment officer, wealth management, Emirates NBD, said his is bullish about the regional market …
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Posted on 31/05/2021

UAE residents alert: 10 ways to protect yourself from online scams

There are seasonal scams with tax returns and tax submissions. Recently there was a wave of ‘eCommerce return’ scams when a victim receives an email looking like a legitimate purchase confirmation …
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Posted on 31/05/2021

Saudi car rental firm achieves 40% growth in 2020

The vehicle rental market in Saudi Arabia is forecast to grow by 7.5% per annum between 2020 and 2026 This website uses cookies to improve your online experience. They were placed on your computer …
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Posted on 31/05/2021

MIDEAST DEBT-UAE sukuk standards slow issuance, distort prices, investors say

The adoption by the United Arab Emirates of certain sharia-compliance standards has slowed the issuance of Islamic bonds from the Gulf, adding to a chronic supply-demand imbalance, market sources said …
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Posted on 31/05/2021

Digital banking you can bank on

The National Bank of Fujairah is putting its best foot forward towards adoption and automation in the banking sector …
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Posted on 31/05/2021

World Green Economy Summit in Dubai supports global efforts to shape a sustainable future

DUBAI- The World Green Economy Summit (WGES), organised by Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organisation (WGEO) in collaboration with the Dubai Supreme Council …
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Posted on 30/05/2021

Top 3 industries hiring fresh graduates in UAE

Fresh graduates can easily utilise different tools on Bayt.com that are designed to build their CV, develop their skills and increase their …
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Posted on 30/05/2021

Marketing, healthcare, and military emerged top 3 industries hiring fresh graduates in UAE

Fresh graduates can easily utilise different tools on Bayt.com that are designed to build their CV, develop their skills and increase their …
( read original story …)


Posted on 30/05/2021

Iran’s Rouhani dismisses central bank chief running in presidential election

Image Credit: AP Dubai: Iran’s President Hassan Rouhani has dismissed central bank governor Abdolnaser Hemmati, who is running in the presidential election in June, the Tasnim news agency reported …
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Posted on 30/05/2021

Major Gulf stocks little changed, Dubai nudges higher

Major stock markets in the Gulf were little changed in early trade on Sunday, with expectations of economic recovery nudging Dubai higher again after the …
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