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Tag: hedge fund

Posted on 26/03/2024

This is how companies are benefiting in the UAE’s tax free environment

UAE free zone companies enjoy a host of benefits including easier access to regional and global markets, 100 per cent exemption from customs duty charges, and simplified procedures for setting up …

Posted on 25/03/2024

UAE central bank introduces wholesale, retail digital dirham strategy

The Central Bank of the United Arab Emirates has announced a strategy for implementing new central bank digital currency projects.

Posted on 25/03/2024

Firm hosts UAE’s largest Iftar for 5,000 faithful in Dubai

Al Haramain Group, a leading UAE manufacturer and retailer of fragrances, organised the UAE’s largest Iftar dinner for 5,000 people, in celebration of its business success of a network of 120 stores …

Posted on 25/03/2024

Banking industry in the UAE – statistics & facts

The total value of Islamic banking assets in the UAE is around 631 billion Emirati dirhams, around ten percent of the global Islamic banking assets. In contrast to conventional banking …

Posted on 25/03/2024

Dubai Investments redefines luxury living at Jumeirah Village Circle

Dubai Investments, a prominent investment firm listed on the Dubai Financial Market, has unveiled a new residential venture valued at AED 300 million …

Posted on 25/03/2024

UAE given more time to offer concessions in Telegraph bid

The Abu Dhabi fund bidding for The Telegraph has been granted more time to make concessions to the Government amid concerns about the impact of the deal on press freedom.

Posted on 25/03/2024

UAE better with regulation as it becomes growing hub for advisers

The Dubai Financial Centre is “on the ball” with financial regulation as it becomes a growing hub for financial services, according to Gaenor Jones, regional director of the CII, Middle East.

Posted on 25/03/2024

Here’s what Dubai’s new 20% tax regime means for foreign banks

Dubai’s new tax regime clarifies that the headline 9 per cent corporate tax, will be creditable against the emirate-level tax on foreign banks.

Posted on 25/03/2024

Up to $1,090 per child: Dubai parents concerned over early school re-enrolment notice

Schools in Dubai have started issuing notifications to parents regarding re-enrolment for the upcoming academic year, with some schools charging up to Dh4,000 as re-registration fees per child. This …

Posted on 25/03/2024

Dubai: Hand-carried gold challenges to be addressed with better regulations, surveillance

Currently, there is no accepted standard globally for passengers carrying gold bars, coins and jewellery in their luggage …

Posted on 24/03/2024

Emirates Islamic Bank contributes AED 5 million to Mothers’ Endowment campaign

Emirates Islamic Bank has contributed AED 5 million in support of the Mothers’ Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid A …

Posted on 24/03/2024

Creating wills, trusts in the UAE: What you should know

In the absence of a well-structured wills or trusts, beneficiaries in the UAE could encounter several challenges …

Posted on 24/03/2024

Emirates Islamic Bank contributes AED 5mln to Mothers’ Endowment campaign

UAE, Dubai – Emirates Islamic Bank has contributed AED 5 million in support of the Mothers’ Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime …

Posted on 23/03/2024

UAE emerges as a key player in the global Crypto investment scene

United Arab Emirates (UAE) has solidified its position as a significant player in the global cryptocurrency investment landscape, with recent reports showcasing substantial gains in the sector.

Posted on 22/03/2024

UAE: Emirati expert says global challenges can be tackled with cultural diplomacy

COP28 UAE unfolded concrete plans and practical solutions aimed at addressing the climate crisis, facilitated by cultural diplomacy …

Posted on 22/03/2024

UAE Central Bank piloting CBDC with UAE Commercial Banks and payment processors

UAE Central Bank is encouraging all UAE Commercial banks and payment processors to participate in pilot integration for CBDC digital dirham All UAE licensed financial institutions will adopt digital …

Posted on 22/03/2024

Middle East’s best for UHNW: Emirates NBD Private Banking

Ultra-high net-worth can be the most challenging client segment to service for private banks. The investable assets these clients provide can come with challenging demands and complicated needs.

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