“The UAE has reached a very advanced stage regarding the legislative aspects of the tax system that is among the best in the world. Through Ministry of Finance, which is authorised to issue tax legislation and policies, the Tax Procedures Law was issued ... ( read original story ...)
Dubai’s Emaar posts first-half profits, announces new IPO
DUBAI, United Arab Emirates – Dubai developer Emaar Properties has posted 2.8 billion dirhams ($772 million) in net profits for the first half of 2017 and laid out plans to spin off its domestic real estate business. Emaar Properties, which trades on the ... ( read original story ...)
IPO Activity in GCC Slows Down in Q2 2017: Report
Further, IPO activity in the first half (H1 ... In the UAE, Industrial & Commercial Bank of China Limited - Dubai Branch (“ICBC”) listed three bonds on Nasdaq Dubai, amounting to $400 million, $300 million and EUR500 million. In Saudi Arabia, Acwa ... ( read original story ...)
Dubai’s Emaar Properties posts 14 pct rise in second-quarter profit
DUBAI, Aug 14 (Reuters) - Dubai's Emaar Properties , which is ... The retail operation last week reported a 5 percent increase in second-quarter profit. The initial public offering (IPO) of up to 30 percent of the UAE development business is expected ... ( read original story ...)
IPO activity in GCC slows down in Q2
Further, IPO activity in the first half (H1 ... In the UAE, Industrial & Commercial Bank of China Limited - Dubai Branch (“ICBC”) listed three bonds on Nasdaq Dubai, amounting to $400 million, $300 million and EUR500 million. In Saudi Arabia, Acwa ... ( read original story ...)
Energy hedge funds look to spreads, margins as long bets flail
Commodity hedge funds have dwindled in recent years as oil prices slumped ... and Catherine Ngai in New York and Amanda Cooper in London; Editing by Lisa Shumaker) DUBAI (Reuters) - Four Arab countries that imposed sanctions on Qatar have told the United ... ( read original story ...)
UAE Ministry of Finance Organises the “Youth Council of the Ministry of Finance” Event
As part of its commitment to support young generations and empower their roles at work and in the community; and develop an environment to showcase their abilities, the Ministry of Finance (MoF) organised “Youth Council of the Ministry of Finance ... ( read original story ...)
Aster DM re-files IPO papers, cuts offer size
According to the new DRHP, available on the websites of the investment banks to the IPO, the firm is looking to raise around ... across all the Gulf Cooperation Council states of United Arab Emirates, Oman, Saudi Arabia, Qatar, Kuwait and Bahrain, as ... ( read original story ...)
Financial Firm Holborn Assets Seeks Six New Recruits for “Opportunity of a Life Time”
DUBAI--(BUSINESS WIRE)-- Holborn Assets, the international financial advice firm head quartered in Dubai, has announced today a brand new internship opportunity for six ambitious, driven students and graduates. Successful candidates will work closely with ... ( read original story ...)
Banking sans branches
Smartphones are now the gateway to your banking transactions, paving the way for more mobile apps and digital payment solutions to ease your lifestyle by reducing branch visits. This has indeed kept pressure high on the UAE banking sector to innovate and ... ( read original story ...)