Dubai Chamber webinar, organised in cooperation with Al Tamimi & Co., examined latest developments and provided guidance with respect to the economic substance regime.
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Omdia recognizes Comviva’s mobiquity® Banking Suite as a key Digital Banking Platform
Omdia, formerly Ovum, one of the world’s leading research and consultancy company, has featured Comviva’s mobiquity® Banking Suite as one …
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Sara Al Madani wants to be part of the UAE Covid solution
As a proud UAE national, award-winning entrepreneur, public speaker and recognised local personality, Sara Al Madani wields more influence than most (just don’t call her an ‘influencer’. More on that …
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Dubai Airport Boss Warns Tough Year Ahead After 2020 Passenger Numbers Slide 70%
Dubai Airports’ chief executive warned on Monday it would be another tough year for the Middle East’s busiest hub, Dubai International, after passenger numbers slid 70% in 2020. The airport, the base …
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With IPO Plans For Later This Year, Policybazaar Set To Raise $70 Million From Abu Dhabi Based Firm
Gurugram based unicorn Policybazaar’s valuation is likely to surge significantly with Abu Dhabi based investment firm ADQ set to invest $70 million in the online insurance aggregator platform business …
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UAE’s Hope probe sends back first image of the Red Planet after entering the orbit
The UAE’s “Hope” probe sent back its first image of Mars, the national space agency said Sunday, days after the spacecraft successfully entered the Red Planet’s orbit. The picture “captured the …
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Sales Executive, Receptionists top hires in UAE
Receptionist (19%), and Sales Manager (17%) emerged as the top roles that UAE employers are hiring for in the coming quarter in a survey conducted recently by Bayt.com, the Middle East’s top job site, …
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IPO price for Saudi Alkhorayef Water set at $19.20 per share
Investment bank Saudi Fransi Capital said Sunday that the final offer price for the initial public offering (IPO) of Alkhorayef Water & Power Technologies Company (AWTC) is 72 Saudi riyals ($19.20) …
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Central Bank’s total assets up 6.6% to Dhs470.5 billion in December
The total assets of the Central Bank of the United Arab Emirates grew 6.6 per cent to Dhs470.5 billion by the end of December 2020, CBUAE latest statistics have showed.
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Fund Managers Deny ‘Baseless’ Claims In $2B Tax Fraud Suit
Two former employees of a British hedge fund at the center of action brought by Denmark’s tax authority against dozens of financial professionals have hit back at “baseless” allegations that they took …
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Why the UAE could emerge as the preferred destination for Indian investments
Indian government takes decision to reclassify the UAE, making it more attractive for foreign portfolio investors …
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UAE trust law creates ‘hugely important tool’ for wealth sector
Investors ‘have a new structure in which to hold their assets efficiently and with full legal recognition’ #pinsentmasons #trusts #uae …
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How Mars mission success could send ‘Brand UAE’ stratospheric
The UAE’s Hope Probe on Tuesday completed a complex manoeuvre – the most critical part of the mission – that saw the spacecraft rapidly reducing its speed from 121,000km/h to 18,000km/h to enter Mars’ …
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UAE catapults into a new era of innovation, conquest of space
The UAE became first Arab country and fifth in the world to reach the Mars after the Hope Probe successfully entered the Red Planet’s orbit on Tuesday. Dr Raja Al Gurg, President of the Dubai Business …
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Saudi IPO market set for bumper year boosted by lockdown savings
Saudi Arabia’s stock market is set for another bumper year of stock market listings with several sizeable initial public offerings (IPO) in the pipeline as investors look to allocate a pile of cash …
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Cental Bank of UAE fines an exchange house Dh504,000
The exchange house was found with weak anti-money laundering compliance framework Abu Dhabi: The Central Bank of the UAE (CBUAE) recently imposed a financial sanction on an exchange house operating in …
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Goldman Bankers Join Saudi Media Group With Global Ambitions
Saudi Research & Marketing Group hired two bankers from Goldman Sachs Group Inc. in the Gulf as one of the Middle East’s biggest media companies shakes up its senior ranks and looks to bolster its …
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