The pillars of cooperation between the Ministry of Finance and the Abu Dhabi Chamber of Commerce and Industry are based on the Ministry’s strategy …
Dubai luxury off-plan real estate boom could push developers to ignore affordable mid-market, experts warn
As Dubai’s off-plan market booms with uber-luxury launches, industry voices emphasise the need to maintain availability across more affordable segments or risk inequitable access …
Investcorp Capital IPO: Firm announces intention to list and trade shares on ADX
The company and the selling shareholder retain the right to amend the size of the offering and the size of each tranche at any time before the pricing of the offering, subject to the applicable laws …
‘I’m a Dubai housewife with an £82,000 monthly allowance – but there are big downsides’
Dubai housewife Linda Andrade has gone viral after revealing some of the ‘worst’ things about being married to a millionaire – and people are absolutely stunned!
Sharjah Islamic Bank completes integrated connectivity through Buna Platform
The Sharjah Islamic Bank (SIB) announced the completion of the integration process for its financial and banking operations in the field of payments with the Arab Regional Payments Clearing and …
Investcorp Capital announces ADX IPO as it plans 29% sale
Investcorp Capital has announced its intention for an IPO on the Abu Dhabi Securities Exchange (ADX). Investcorp will sell off 643m ordinary shares with a nominal value of $0.5 (AED1.84) each. The …
Dubai to set up committee to settle family business disputes
Dubai is to set up a committee to boost family businesses, a critical part of the emirate’s private sector economy, its Government Media Office said on Tuesday. The move will prevent any harm to …
MoE signs MoU with Securities & Commodities Authority and Economic Security of Dubai to enhance oversight of auditing profession
It will help boost investor confidence in the UAE’s financial and business markets, solidifying the country’s status as a leading global trade and investment hub. The Undersecretary said: “The MoU is …
Moec, SCA, Economic Security Centre Of Dubai To Enhance Oversight Of Auditing Profession
Under the terms of the MoU, a joint work team will be set up to verify the quality of work of auditors working for public joint-stock companies listed in the UAE’s financial markets and the local …
ICAEW: Free zone companies urged to pay closer attention to UAE’s new corporate tax regulations
As the UAE’s new corporate tax regime comes into effect, many free zone companies remain unclear about how the changes affect them. To help, ICAEW held a Q&A session with Joe Pacelli, Head of Tax at …
AIIB, UAE COP28 Presidency Partnership to Accelerate Energy Transition in Asia
Among them is the initiation of a new blended finance structure as part of shared efforts to drive … technology-enabled and promotes regional connectivity. About the UAE COP28 Presidency: …
Saudi National Bank third quarter profit rises 6%
Saudi National Bank (SNB) reported on Tuesday a rise of 6% in net profit for the third quarter from a year earlier, boosted by higher operating income and lower provisions for bad loans.
UAE’s Invest Bank joins e& enterprise blockchain platform UAE Trade Connect
Sharjah, UAE: UAE Trade Connect (UTC) today announced the addition of Invest Bank as its 13th official member, marking a significant milestone in e& enterprise’s blockchain fintech platform’s mission …
Why and how can you invest in the UAE stock markets
The UAE is a rapidly growing hub for global finance and investment. Its dynamic economy and strategic geographic location make it an attractive destination..
Dubai Chamber of Commerce Board and Advisory Council members convene to discuss future strategy and initiatives during Engage Forum 2023
Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully hosted the 2023 ed …
At UAE workplaces, employees are in mood to switch jobs – 1 in 4 did so in last 12 months
But across age groups, the trend is visible, according to multiple recruitment consultants. In the UAE, technology, banking and the auditing sectors have been particularly rife with hiring activity, …
Octave Asset Management enters UAE’s asset management scene
Dubai-UAE: Amidst the increasing interest of ultra-high net worth individuals (UHNWI) in the UAE, Octave Asset Management (OAM), a prominent investment advisory firm, has officially established its …