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Tag: fintech

Posted on 26/01/2023

Sharjah Islamic Bank achieves record net profit of Dh651 million

The bank also reports an increase in operating profits by 17.4 per cent, reaching Dh998.3 million in 2022 as against Dh850.7 million in the previous year …

Posted on 26/01/2023

Dubai’s Business Bay records the highest transaction for real estate in 2022

Overall, Dubai recorded a total number of 122,658 real estate transactions worth $144 billion in 2022. Dubai’s Business Bay records the highest transaction for real estate in 2022. business bay, D33, …

Posted on 26/01/2023

Investors Flocking to UAE Due to New Visa Rules and Ease of Doing Business

United Arab Emirates (UAE) has started attracting more foreign investments following the government’s amendments in visa rules and supporting investors in …

Posted on 26/01/2023

From basic instincts to drones – the tools that Dubai Customs officials use to catch suspects

Thrust on research, innovation helps inspectors to keep on top of the game Hussain Al Fardan, Senior Head of Innovation Centre, at the 6th Dubai Customs Week in Dubai. Image Credit: Clint Egbert/Gulf …

Posted on 26/01/2023

First Abu Dhabi’s fourth-quarter profit down 26%, 2022 earnings up 7%

First Abu Dhabi Bank , the UAE’s biggest lender, reported a 7% rise in 2022 net profit on Thursday despite its fourth-quarter profit falling 26% from a year earlier.

Posted on 26/01/2023

Abu Dhabi’s Largest Bank Appoints ABN Amro’s Lars Kramer as CFO

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. First Abu Dhabi Bank PJSC hired Lars Kramer from ABN Amro Bank NV as its …

Posted on 26/01/2023

‘Dubai aims to double economy from $4bn to $8bn through D33’: AB UAE Conference

Hadi Badri, CEO of Dubai Department of Economy and Tourism speaks on Dubai’s futuristic plans ‘Dubai aims to double economy from $4bn to $8bn through D33’: AB UAE Conference AB UAE Conference, Arabian …

Posted on 26/01/2023

Dubai’s Business Bay sees highest number of real estate transactions in 2022

Dubai Land Department has also worked to enhance the real estate investment environment in the emirate by providing seamless services, introducing conduci …

Posted on 26/01/2023

UAE President Mohamed bin Zayed visits Pakistan as its economy crumbles

The UAE president arrived in the city of Fahim Yar Khan in Pakistan, one day after a nationwide power outage left nearly 220 million people without electricity …

Posted on 26/01/2023

UAE and Saudi Arabia invest in Central Asia renewable energy deals, with Russia’s blessing

Oil-rich nations signing huge green energy deals with the likes of Azerbaijan, Kazakhstan in a China Belt and Road region that Moscow politically dominates; State-owned firms can …

Posted on 25/01/2023

Dubai’s Business Bay most active neighbourhood for real estate in 2022

Business Bay in Dubai saw more than 10,853 real estate transactions recorded in 2022 Dubai’s Business Bay most active neighbourhood for real estate in 2022 Business Bay, Dubai, Dubai real estate Real …

Posted on 25/01/2023

UAE Government Announces Massive Cuts in Business Fees

The Ministry of Industry and Advanced Technology (MoIAT) in UAE has lowered the fees for 14 main and sub-services and totally abolished charges for …

Posted on 25/01/2023

UAE corporate tax: Ministry of Finance explains timelines, fines

The Ministry of Finance explained UAE corporate tax rules via a virtual session UAE corporate tax: Ministry of Finance explains timelines, fines Corporate tax, Corporate tax UAE, corporate taxes, …

Posted on 25/01/2023

From Beyoncé to beauty influencers, why Dubai was all over your feed this weekend

The group of influencers, which included rising star Alix Earle, Meredith Duxbury and Monet McMichael, stayed in luxury villas at the Ritz Carlton Ras Al Khaimah, and went on adventure excursions like …

Posted on 25/01/2023

UAE Slashes Fees For 14 Business Services By Up To 92%

The UAE announced on Tuesday a sharp reduction in fees for 14 services as part of an on-going drive to further enhance the attractiveness of its …

Posted on 24/01/2023

India-UAE Partnership Summit examines bilateral business opportunities

The India-UAE Partnership Summit examined business opportunities in manufacturing, startups, healthcare, agritech, food processing, investment, and fintech …

Posted on 24/01/2023

Investors flock to UAE on ease of doing business initiatives and visa reforms

The UAE looks set to attract more foreign investment this year as the government has introduced various measures for ease of doing business to facilitate global investors to relocate their businesses …

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